A recent study by Lendio has highlighted the extent to which location can impact the success of Black and Latine-owned businesses, ranking the best and worst states for minority-owned companies to succeed. The POC-owned business boom U.S. entrepreneurship is more diverse than ever, with people of color owning 1 in 5, or 1.2 million, of the nation’s businesses in 2020. Black and Latine Americans are also the fastest-growing group of entrepreneurs but continue to face challenges such as limited access to venture capital funding and a lack of networks and mentorship programs, all while facing discrimination