“Minority Enterprise Development Week” is recognized Sept. 19-25 in the Town of Carrboro, as proclaimed by Mayor Lydia Lavelle.
“I encourage all residents to honor the achievements of minority business owners and to commit ourselves to creating a truly equitable economic system so all people can share equally in the promise of our community and our nation,” Mayor Lavelle said.
Despite systemic institutional racism that restricted access to capital, property, markets, advertising, and all other aspects of commerce, minorities have used their talents, ideas, passions, hard work and tenacity to build successful businesses enterprises throughout our nation’s history; according to the Minority Business Development Agency, the number of minority-owned businesses in the United States grew from approximately 300,000 in 1969 to over 11 million in 2020.
