How many black businesses are in Illinois?

How many black businesses are in Illinois?

While Illinois has more than 132,000 Black-owned business, comprising 11 percent of all Illinois businesses, these business owners have historically experienced barriers in accessing capital and other key business resources.

How do I find out if a company is Black-owned?

When trying to figure out if a brand is Black-owned, the first step is to go to the website and find the About, About us or Contact Us tab. Most of the time, the company will provide background knowledge on how the company was founded, who founded the company and who owns it.

What is the biggest Black-owned business?

RLJ Lodging Trust, one of the largest publicly owned Black businesses, reported total assets of $5.92 billion in June 2020.

What are the most common Black-owned businesses?

The most common type of Black-owned business is health care, as 32% of Black-owned businesses are in the health care category. Other popular categories include repair and maintenance, personal and laundry services, advertising firms, and auto dealerships.

How many small businesses are there in Chicago?

The New York City area leads the way with 522,789 small businesses as of 2010, followed by Los Angeles with 323,859 and Chicago with 230,624.

What is the percentage of black owned businesses in America?

Key findings. Just 2.4% of U.S. businesses have Black owners, even though Black people represent 12.8% of the U.S. population. Meanwhile, 86.5% of U.S. businesses have white owners, despite white people accounting for a lower percentage — 72.0% — of the U.S. population.

How can I find local black owned businesses?

Official Black Wall Street is one of the largest business directories for Black-owned businesses, with over 5,000 listings in 10 countries. Through the app, business owners can create a listing with reviews, photos, directions and more.

How do I find Black owned business on Google Maps?

Search for businesses like “Black-owned shops near me” or “Black-owned restaurants near me” to support local Black-owned businesses.

Is there an app to find black owned businesses?

Black Nation is a free app that allows you to find Black-owned businesses wherever you are and allows companies to be listed for free. The app’s features include business reviews, category searches, and geotagging technology that allows you to find businesses near you.

Is Popeyes Black-owned?

In the 80s, more than a fifth of the restaurant’s franchises were owned by black entrepreneurs. In the 90s, Popeyes took out prominent ads in magazines like Black Enterprise. In recent decades, the company has continued to rely on black neighborhoods for consumers, employees, and franchisees.

Is the owner of Lowes Black?

Today at 55, Ellison stands out as one of only three Black Fortune 500 CEOs, bringing with him 35 years of retail experience, including as the former CEO of J.C. Penney and various senior operations roles at rival Home Depot.

Is Coca Cola Black-owned?

Coca-Cola Florida, one of the largest Black-owned businesses in the U.S. and the largest in Florida, has been selected as a 2022 U.S. Best Managed Company. Founded in 2015, Coca-Cola Florida is the third-largest privately held and sixth-largest minority-owned business in the state.

What corporations are owned by Black people?

For example, in 2020 Brother Vellies founder Aurora James launched the 15 Percent Pledge, a nonprofit that was one of the first to call on large retailers to stock 15 percent of their inventory from Black-owned businesses. Since then, places like Sephora, Nordstrom, Madewell, Macy’s, J.

How many Black-owned companies are on the stock market?

There are only nine publicly traded companies owned by black entrepreneurs. According to the Washington Post, since the start of covid ownership and black businesses on Wall Street have dropped more than 40%.

Which state has the most Black entrepreneurs?

Overall score: 77.6 As such, it shouldn’t be much of a surprise that Maryland has many Black business owners. The Free State ranks 1st nationally for the most Black-owned businesses per 1 million people (1,213), and also ranks 1st in percent of the workforce employed by Black-owned businesses (3.49%).

What is the largest company in Illinois?

37 companies headquartered in Illinois made Fortune 500 list

Is Chicago business friendly?

With one of the world’s largest economies, business in Chicago is booming and the Windy City plays a vital role in both the national and international business scenes of the US and beyond.

Is Illinois a good state to start a business?

Chief executive officers from across the country have once again ranked Illinois as one of the worst states to do business. For the eleventh year in a row, Illinois placed 48th in the 17th annual Best and Worst States for Business survey from the Chief Executive Group.