From the 100 patents by innovator Lonnie Johnson in his downtown Atlanta lab to the tens of thousands at the Bronner Bros. international hair show to the 100 year history of business lending by Citizens Trust (CZB), African-American businesses have Georgia on their mind.
The state is ranked third on #BLACKDOLLARSMATTER: State of Black Business, 12th edition ratings on the Black Business Affinity Index using the Ten Key Factors for Black Business Success because of the big goals and big accomplishments of those entrepreneurs.
Outside Atlanta, the policy environment at the state level is not supportive, which underscores how determined its businesses are. The plans to acquire Ft. McPherson by Tyler Perry Studios could bring an additional 5,000 jobs to the state.
Georgia black businesses had $21 billion in revenue in the most recent year available with 153,953 led by women and 98,984 headed by men. The 8,396 companies with paid employees had 61,299 workers.