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An overlooked and diversified $1.4 trillion force in the US economy

August 12, 2016

Via: CNBC

Minority-owned start-ups are on the rise in America, creating a powerful force in the evolving entrepreneurial landscape. Both native-born and immigrant entrepreneurs are creating thriving start-up ecosystems of their own in large metro areas across the country.

Start-up activity in America is climbing, according to a new and widely watched report from the Kauffman Foundation. Overall, new business activity rose in 2016, bolstered by women and minority-owned businesses. Women make up 40.6 percent of new entrepreneurs, while a second important stat showed a dramatic increase in Latino business owners, more than doubling since 1996, to 20.8 percent of all new entrepreneurs.

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