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Highlighting Several African-American Female Owned Companies
In 1972, women-owned approximately 4.6% of businesses in America. As of 2019, women now own 42% of companies. Another encouraging insight is while female-owned companies grew 21% from 2014 to 2019 overall, African American Women Companies grew double that rate. Women of color accounted for almost half of all females who owned businesses.
According to a 2017 study by The Nielsen Company, African-American women are the fastest-growing group of entrepreneurs in the United States. In a continued effort to highlight women, the article below shares several small businesses founded and managed by black-owned female entrepreneurs. Please take a moment and get to know these companies!
Female-Led Companies to Check Out
While more than half of business owners are inspired to open a company to be their own boss, 26% of owners started their own company to pursue a passion. As you’ll see from the list below, this seems to be the case for most of them.
Melanin Haircare was founded by two sisters Whitney and Tafetta White; the black-owned brand strives to create accessible products that are…