M/WBEs are critically important to the American economy. America’s 6.21 million majority-owned, privately held women-owned businesses employ 9.2 million people and contribute $1.2 trillion to the economy. However, women continue to face unique obstacles in the world of business.

 

Minorities in business are the fastest-growing segment of the population in the U.S., yet gross receipts and business participation levels are comparatively low.