Hello August: Black Business Month

By Lauren Frederick

August 1, 2020

According to Groupon and National Black Chamber of Commerce survey:

  • 80% of small Black businesses said they've faced more challenges launching their businesses due to their race.
  • 74% said they’ve had fewer opportunities due to a lack of capital investment and resources targeted towards Black communities.
  • Groupon and National Black Chamber of Commerce survey of more than 400 Black small business owners found that 75% have seen an increase in business since protests sparked by the death of George Floyd began.

Photo: Getty Images

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