minority_grantsMinority-owned businesses grew more than four times as fast as U.S. firms overall, according to a report recently released by the Census Bureau of the Department of Commerce. Since 1992, minority owned businesses have increased from 2.1 million to almost 2.8 million firms.

A major factor in this growth growth is because the government is making more minority grant money available to small businesses owned by minorities.

Originally posted 2009-03-24 10:03:12. Republished by Old Post Promoter.