Grow at least 15% of Black businesses, create 600,000+ new jobs, and add $55 billion to the U.S. economy
It would take 228 years for Black families to build wealth equal to white families
The racial wealth gap is hollowing out the middle class
Black business owners were 12x wealthier than their peers; owning a business helps close wealth gaps
Black business ownership is a proven path to wealth and job creation that concurrently stimulates the U.S. economy. Deep-rooted, systemic challenges limit their growth-inhibiting economic prosperity and preventing generational wealth.
The Path to 15|55 is a collaborative initiative, among experts from every sector, designed to grow Black businesses and their communities based on research that proves: if just 15% of Black-owned businesses are able to hire one more employee, the American economy could grow by $55 billion.
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