Scaling Minority and Small Businesses
Scaling has become the new mandate for minority-owned businesses. While minority companies have grown significantly in number, too few have the scale and capacity needed in today’s global economy.
Asian Businesses
Black, Latino and Asian-Owned Small Business Capacity
To build greater capacity firms must reach reach Stage III growth. Only 14% of the non-minority-owned firms have done so, 12% of Asians, 11% of Latinos and just 6% of black businesses.
Small Business Administration in President’s Cabinet
The Small Business Administration Director is elevated to the President’s Cabinet , this is good news for Small and Minority Businesses.