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Nationally, businesses owned by black women grew by 55 percent from 1997 to 2004, six times the rate of all U.S. firms, according to the Center for Women's Business Research, a nonprofit group based in Washington, D.C.
Wilma Goldstein, an administrator with the U.S. Office of Women's Business Ownership, isn't sure why that is, but says it doesn't surprise her, given the support networks that black women traditionally have formed within families and communities.
Read the article about black-owned businesses (photo: owner of Indianapolis-based Unik Boutique) that are blossoming into behemoths here.
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