Historic Milestone: What 20 Million New Business Applications Mean for Black Entrepreneurs

​The entrepreneurial spirit in America is alive and thriving, with more than 20 million new business applications filed since the start of the Biden-Harris Administration. For Black entrepreneurs, this represents an unprecedented opportunity.

In recent years, Black business ownership has doubled, thanks to increased access to funding and resources. The U.S. Small Business Administration (SBA) played a pivotal role by delivering $1.5 billion in loans to Black-owned businesses in FY24 alone, a threefold increase from FY20.

At BlackBusinessList.Com, we’re committed to empowering Black entrepreneurs with the tools, resources, and connections needed to thrive in this historic Small Business Boom. If you’re looking to start or grow your business, now is the time to act. Explore how SBA programs can help you and join our community today.

Learn more about the SBA here: https://www.sba.gov

Join BlackBusinessList.Com here: ​https://www.blackbusinesslist.com/addyourbusiness.html