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INFORMATION WITH A PURPOSE
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| CALIFORNIA BUSINESS INTELLIGENCE
The key to thriving in a competitive marketplace like California
is staying ahead of the competition. Making sound business decisions
is based on accurate and current information. If you are a business or
government and need market analysis and forecasts services-
contact Dr. Robert Harmon at RHarmon@CaliforniaBusinessMinute.com
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CALIFORNIA BUSINESS MINUTE
Best Cities for Minority Entrepreneurs
09-15-11
Hi, I am Tim Johnson and welcome to the California Business Minute.
In 2010 immigrants accounted for nearly 30 percent of new business owners versus 13
percent in 1996 according to the Kauffman Foundation.
Forbes magazine has identified and ranked the “Best Cities for Minority Entrepreneurs,”
That corresponds to the 52 largest Metropolitan Statistical Areas. The ranking are
based on a percentage of minority owned business along with the minority population
growth and income and overall housing affordability of each MSA.
BEST CITIES FOR MINORITY ENTREPRENEURS
1. Atlanta
2. Baltimore
3. Nashville
4. Houston
5. Miami
6. Oklahoma City
7. Riverside-San Bernardino-Ontario
8. Washington DC
9. Orlando
10. Phoenix
California cities ranked outside of the Top Ten include Los Angeles at #18, Sacramento
at #29, San Francisco at #35, San Jose at #46 and San Diego at #46.
I am Tim Johnson and this has been the California Business Minute.
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INSIDE CALIFORNIA'S ECONOMY
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