Browsing: but Federal Reserve Statistics show they are still twice as likely to have their loan applications rejected compared to their white counterparts. Only 10% of small business loans go to minorities

     This entrepreneurial trend transcends specific sectors, impacting industries such as tech, healthcare, hospitality, and retail alike. It is hoped that 2025 will continue this growth, particularly among women of color. These entrepreneurs founded enterprises at record rates and created growth-oriented firms that resulted in job creation and transformation.