Some of the best cities for minority entrepreneurs are outside the Silicon Valley bubble.
At the heart of a major techno hub, the metro area is also home to 16.705 minority entrepreneurs. Stay informed and join our daily newsletter now! Your email address will not be published. Copyright © 2020 Entrepreneur Media, Inc. All rights reserved. However, other data we reviewed based on information available to us included: Population Industry clusters Lifestyle Workforce Costs Infrastructure Other startups nearby. That’s still true.
Think Craigslist, Google, Facebook, Dropbox and FitBit, to name a few. Not sold on the southwestern city?
Places Where Minority Entrepreneurs Are Succeeding.
The best U.S. city for minority entrepreneurs on our list, Atlanta, has long been a haven for black entrepreneurs.
All rights reserved. The energetic city comes in second place for startup density, and third place for the rate of emerging entrepreneurs. But it shouldn’t be as well astonishing that tourism is second only to governing administration-connected businesses as the city’s most important business. © 2019 Benetrends, Inc. All rights reserved. New York City is famous for many things, but perhaps the number of minority entrepreneurs should be one of them. The second largest city in the U.S., also hosts the second largest percentage of minority entrepreneurs, with 114,509 operating in the metro area, or .86% of the population.
Don’t Be Intimidated By Giants in Your Market. There’s no own revenue tax on owners and numerous other small business taxes (e.g., lease taxes) have been going down in latest a long time. “As the fourth largest city in the U.S., Houston was named the most diverse city in America this year and is the new great melting pot of culture, language, ethnicity, income, education, religion, and industry.
Miami is also a major international trade center. It may be known for its theme parks but the metropolitan center is also home to 11,207 minority entrepreneurs (.46% of the population) working mainly in the healthcare and social assistance industries. 62,992 of them work in the metro area.
62,992 of them work in the metro area.
There are plenty of opportunities all over this great country. And most work in professional, scientific and technical services. For years it’s been associated with entertainment: Disney World and Universal Studios.
Houston.
They make up .48% of the cities population serving mainly in the retail trade. A discussion that breaks down what currently thriving businesses are doing now and how to think outside the box to survive the financial downturn. As a measure of diversity, there are over 145 languages spoken in Houston.”. Using data from the U.S. Census Bureau, the Center for Opportunity Urbanism and the Kauffman Index, B2B company Expert Market recently released its list of the top cities for minority entrepreneurs. That’s still true. Check out the Best and Worst cities for minority entrepreneurs below: Top 10 Cities. Cities were ranked on the percentage of entrepreneurs in each category rather than the number of entrepreneurs.
But opportunities in the city go way beyond a single market. Miami and Los Angeles are just two of the major U.S. cities where minority entrepreneurs are thriving.
Then you might expect places like New York City or San Francisco to rank high on the list of best cities for minority entrepreneurs. That’s .57% of the population. The U.S.’ major European competitors — Germany, Scandinavia, France, Italy, the Netherlands and Italy — have admittedly failed at integrating racial outsiders. Metropolitan areas ended up ranked on the percentage of business owners in just about every class somewhat than the selection of entrepreneurs. The Best Cities For Minority Entrepreneurs by Joel Kotkin 03/31/2011 As the American economy struggles to recover, its greatest advantage lies with its diverse population. Trust Entrepreneur to help you find out. The city is also dwelling to quite a few major defense contractors which make up just one of its big business clusters. Detlef says this diversity creates a fusion of arts and thinking like nowhere else leading to the development of many successful businesses in the metropolitan area. The location could potentially be a factor determining which minority-owned businesses succeed or fail. Washington D.C. is a growing and diversified economy.
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