How Black Women Veterans Are Redefining Entrepreneurship [Forbes]
JP Morgan Chase & Co. (JPM)
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Source: Forbes
Black women veterans are leading a wave of entrepreneurship that is giving back to their communities and changing perceptions about the intersection of business and military experience. According to a report by JPMorgan Chase, Black women are the fastest-growing demographic of business owners in the U.S., leading nearly 2.7 million businesses nationwide, and their growth among veterans is even more significant. Between 2014 and 2019, the number of businesses owned by Black women increased by 50%, marking the highest growth rate among female demographics. By 2021, Black women owned nearly 2.7 million businesses nationwide. Within this trend, Black women veteran business owners are becoming more recognized for their contributions to business leadership . Most report that the discipline, strategic thinking, and resilience that come with being in the military can act as a buffer to overcome systemic barriers and the grueling nature of entrepreneurship. Lindsay Tramel-Jones, owner of
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