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February 15, 2022 | Tom Ballard

Southern, Atlantic Coast states rank high for Black entrepreneurship

What are the best states for Black entrepreneurs? If you said most were in the South or Atlantic Coast regions, you would be correct.

In fact, depending on how you might classify Texas – one team already in the Southeastern Conference and another coming, there are either five or six of the top 15 states that are classified as in this region. They are ranked as follows:

  • #3 – Texas.
  • #9 – Georgia.
  • #10 – Alabama.
  • #11 – Tennessee.
  • #12 – Mississippi.
  • #13 – Arkansas.

Three Atlantic Coast states are also ranked in the top 15 including the two highest ranked of all. They are:

  • #1 – Virginia.
  • #2 – Maryland.
  • #6 – North Carolina.

The rankings were compiled by Merchant Maverick, a company that says it takes “on the burden of in-depth research so entrepreneurs don’t have to, freeing up time for them to focus on running their businesses.”


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