According to Lending Tree, Atlanta and the metro area have the highest rate of Black-owned businesses in the U.S.
The rate sits at 7.4 percent, which is more than twice the national average.
Census data also shows Georgia saw a 40 percent increase in Black-owned businesses between February 2020 and August 2021.
But disparities are also glaring: Black business owners are rejected or underfunded for credit at more than twice the rate of white business owners.
On Wednesday’s edition of “Closer Look” Brittney Brisco Perry, the executive director of the Central Georgia Coalition of Black Businesses, talked about the state of Black businesses in Georgia and the coalition’s inaugural Black Business and Community Expo, slated for Aug. 19,, 2023.
