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