I find it interesting that Forbes publishes a list of top cities for minority entrepreneurs. I remember being a Forbes subscriber back in 1991 and reading a continual barrage of anti-affirmative action articles that seemed to question the qualifications of African Americans in positions of power or those who ran companies. This latter group included a number of entrepreneurs. Back then the term “minority” was often used but when you read between the lines it meant “Black” or “African American”. Ironic would be the more appropriate term. I admittedly cancelled my Forbes subscription after several issues of that and have never purchased a copy or subscription since. (Note that I am a die hard Fortune, Wall Street Journal, and Inc. subscriber and have been for many years.)
Perhaps Forbes is a different magazine now with a more tolerant perspective. I mean, it has been over 20 years! Anyway, with that said, take this list with a grain of salt…unless they looked at information published by Black Enterprise, Hispanic Business and other similar magazines!
- Atlanta-Sandy Springs-Marietta, GA – Atlanta often ranks high on the list for African American entrepreneurs. But the city hosts a number of Asian entrepreneurs and a number of Asian entrepreneurs of Indian and Pakistani descent reside or operate in Sandy Springs.
- Baltimore-Towson, MD – Interesting that the Baltimore area ranks higher than the Washington, DC -VA.
- Nashville-Davidson-Murfreesboro-Franklin, TN
- Houston-Sugar Land-Baytown, TX – This area hosts a number of entrepreneurs of African American and Hispanic descent. It also hosts a number of immigrants of African (especially Nigerian) and Asian (especially Indian and Chinese) descent.
- Miami-Fort Lauderdale-Pompano Beach, FL – This swath of southern Florida is a big host for Cuban, Puerto Rican, and other Hispanics whose ancestors hail from a number of South American (primarily) and Caribbean countries.
- Oklahoma City, OK
- Riverside-San Bernardino-Ontario, CA
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Orlando-Kissimmee, FL
- Phoenix-Mesa-Scottsdale, AZ