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The GABA Foundation
About
Overview
Partners
News
Programs
GABA Access
The GABA Healthy Market Initiative
The GABA Culinary Growth Initiative (GCGI)
Apply
Supplier Intake Form
Training Registration
Events
DONATE
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Back
Overview
Partners
News
Folder: Programs
Back
GABA Access
The GABA Healthy Market Initiative
The GABA Culinary Growth Initiative (GCGI)
Folder: Apply
Back
Supplier Intake Form
Training Registration
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DONATE
Featured
The Vital Role of African and Caribbean Small Businesses in Economic Development
The Vital Role of African and Caribbean Small Businesses in Economic Development

African and Caribbean small businesses are indispensable to the economic and cultural fabric of the United States. With over 140,000 Black-owned employer businesses generating $141.1 billion in annual revenue and employing 1.3 million workers, a significant portion of this success is driven by African and Caribbean entrepreneurs (U.S. Census Bureau, Annual Business Survey, 2021). In Michigan alone, immigrant-owned businesses contributed nearly $2.5 billion to the state’s GDP in 2022, with African and Caribbean enterprises playing a vital role in industries such as retail, healthcare, and transportation (Michigan Department of Labor and Economic Opportunity, 2022).

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