As Black-owned businesses face increasing financial pressures during and after the startup stage, many of them have sadly had to close their doors. The state of Black entrepreneurship Black Americans are among the most entrepreneurial groups in the nation, with 1 in 5 Black people in the US starting their own business. From 2017 to 2020, the nation witnessed a remarkable 13.64% surge in the number of Black-owned businesses. Black-owned firms brought in an estimated $141.1 billion in gross revenue in 2020 – an impressive 11% increase since 2017. In