The State of Minority Business: South Carolina

In 2002, there were over 37,000 minority
firms in South Carolina generating nearly
$4.5 billion in gross receipts.
• Minority firms represented 13% of all
‘classifiable’ firms located in the state.
• The number of minority firms in South
Carolina increased by 20% between
1997 and 2002, compared to 12% for all
‘classifiable’ firms in the state.
• South Carolina had the 16th largest
minority population in the country,
numbering over 1.4 million or 34.5% of
the South

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