the Greater Los Angeles African American Chamber of Commerce’s (GLAAACC)

GLAAACC CREATES A BLUEPRINT FOR THE NEXT GENERATION OF BLACK BUSINESSES

Just as four in ten Black-owned businesses closed their doors permanently during the 15-month pandemic shutdown, there was a marked increase in the number of Blacks opening new businesses.  According to a recent report on early stage entrepreneurship by the Kauffman Foundation, during the pandemic, there were more new Black-owned businesses proportionate to the total population than at any time in the past 25 years.