A recent study on Black business growth in America found that South Florida experienced the second-largest rise in new Black-owned businesses during this period, trailing only the Atlanta metropolitan area. According to research from the Brookings Institution, the South Florida metro area saw the emergence of 3,972 new Black-owned businesses, reflecting a 77% increase.
The rise in entrepreneurship following the initial setbacks of the COVID-19 pandemic has led to a surge in new business applications. Data from the Census Bureau shows that...
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