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The Growth of Minority-owned Businesses Now Outpaces that of Non-minority-owned Firms - After fifty years of minority business development the signs all point in the direction of extreme progress. The climate for minority business owners has made tremendous leaps forward in recent years
The Growth of Minority-owned Businesses Now Outpaces that of Non-minority-owned Firms

 

PRZOOM - /newswire/ - Henderson, NV, United States, 2011/05/27 - After fifty years of minority business development the signs all point in the direction of extreme progress. The climate for minority business owners has made tremendous leaps forward in recent years.

   
 
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Interlan Charitable Foundation (ICF) is committed to both improving and sustaining this progress.

ICF sees access to markets, technical assistance, and capital all improving for minority business owners and we want to help make it even better. Though much progress has been made, the hyper-competitive business environment demands that suppliers have size, scale and reach. ICF has expert business analysts to help both new and expanding minority business owners compete in an increasingly global marketplace.

Opportunities for minority business owners are increasing. According to a recent report from the Kauffman Foundation, “Minorities currently represent approximately 28 percent of the U.S. population and own 15 percent of all U.S. businesses.” From 1982 to 1997, the rate of new minority-owned firms outstripped the national average for all businesses by 300 percent. According to the U.S. Census Bureau’s 2007 Survey of Business Owners, the number of firms owned by African-Americans increased nearly 61 percent from 2002 and 2007.

So how can ICF help start and grow minority firms? There must be an underlying expectation that a business owner and their business will progress. To achieve success, ICF wants to help minority businesses learn and grow. Our services focus on meeting the unique needs of each entrepreneur as related to the trilogy touched on earlier.

Too often, companies in the business of helping minority firms grow have been trying to do it without (or in spite of) the minority business owner. In contrast, Interlan Charitable Foundation understands that growing minority businesses must go hand in hand with engaging the entrepreneur. The success of the business doesn't depend on the ethnicity of the owner but the authenticity of the business. That's what Interlan Charitable Foundation believes and what we practice.

Minority businesses can become more sustainable over the long term with the right guidance, access to markets or capital. Interlan Charitable Foundation understands the best way to help is to fully engage the entrepreneur.

 
 
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The Growth of Minority-owned Businesses Now Outpaces that of Non-minority-owned Firms

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Contact: Marketing - InterlanCharitableFoundation.org 
866-773-1016 info[.]interlancharitablefoundation.org
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Interlan Charitable Foundation securities in any jurisdiction including any other companies listed or named in this release.

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