Amount of Capital used to Start or Acquire the Business

With Paid Employees

Data table with values from the U.S. Census Bureau Survey of Business Owners for 2012. The data shows the number of businesses by various different ranges of Amounts of Capital used to Start or Acquire the Businesses. This data is for businesses with paid employees and is partitioned by the major races/ethnicities, White, Hispanic, Black/African-American, and Asian.

For Black-Owned businesses that had employees, the data shows that of those that reported, 21% were started with less than $5,000 of capital.  Another 11.6% were started for $5,000 to $9,999.  So almost a third (32.6%) of Black-Owned businesses were started for $10,000 or less.

No Employees

Data table with values from the U.S. Census Bureau Survey of Business Owners for 2012. The data shows the number of businesses by various different ranges of Amounts of Capital used to Start or Acquire the Businesses. This data is for businesses with no paid employees and is partitioned by the major races/ethnicities, White, Hispanic, Black/African-American, and Asian.

The data shows that of those that reported, 39% of Black-Owned businesses that did not have employees were started with less than $5,000 of capital.  8.9% were started for $5,000 to $9,999.  Therefore, nearly half (47.9%) of Black-Owned businesses that did not have employees were started for $10,000 or less.