Companies are still struggling to uphold the values of diversity, equity and inclusion efforts. But in the entrepreneurial space, BIPOC small business owners are showing real promise.
Twenty-nine percent of small businesses are now owned by respondents identifying as BIPOC, compared to 17% in 2019, according to new research from GoDaddy Venture Forward, a research initiative focused on small businesses and their impact on local economies. And at the forefront of the movement are Black women, who own two-thirds of the small businesses owned by the BIPOC community.
