Georgia #1 for black-owned businesses - WALB.com, Albany News, Weather, Sports

Georgia #1 for black-owned businesses

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Arsonists attack Albany home for the third time this week

    Arsonists attack Albany home for the third time this week

    Wednesday, August 20 2014 6:27 PM EDT2014-08-20 22:27:29 GMT
    Wednesday .Investigators say someone broke a window and set a bed on fire.Monday someone threw a molotov cocktail into the kitchen.More >>
    Wednesday .Investigators say someone broke a window and set a bed on fire.Monday someone threw a molotov cocktail into the kitchen.More >>
  • 2014 Christmas ornament contest

    2014 Christmas ornament contest

    Wednesday, August 20 2014 6:15 PM EDT2014-08-20 22:15:45 GMT
    Christmas Ornament ContestChristmas Ornament Contest
    This year Easter Seals of South Georgia would like help from the community in selecting the 2014 ornament theme.You can submit your suggestions and ideas to help find the perfect ornament for Albany.More >>
    This year Easter Seals of South Georgia would like help from the community in selecting the 2014 ornament theme.You can submit your suggestions and ideas to help find the perfect ornament for Albany.More >>
  • Arrest made in Enigma home invasion

    Arrest made in Enigma home invasion

    Wednesday, August 20 2014 5:54 PM EDT2014-08-20 21:54:48 GMT
     Berrien County authorities said Wednesday 17 year-old Svante Arrihenius Williams, of Alapaha, was arrested August 15th in connection with a violent August 8th home invasion in Enigma.More >>
     Berrien County authorities said Wednesday 17 year-old Svante Arrihenius Williams, of Alapaha, was arrested August 15th in connection with a violent August 8th home invasion in Enigma.More >>

By Wainwright Jeffers - bio | email

ALBANY, GA (WALB) – Georgia is the number one state for black-owned businesses.

20 percent of businesses in the state have black owners, only the District of Columbia has a higher rate at 28 percent.

Business owner Frank Ross owns the Cinnabon restaurant in Albany, it's been open less than a year, it has been so successful he already has plans to expand.

Minority owned businesses across the us grew by 45 percent to 5.8 million over just five years, a faster pace than all U.S. businesses.

"When we first started with the company the program we entered was a diversity initiative program and it was the companies desire to try and introduce more black and minority owned business throughout the country," said Ross.

The new Cinnabon location will open at PeachTree mall in Columbus, construction should be completed later this year.

The Albany store was the number one franchise in the nation in sales for the first quarter of this year.

One reason Georgia ranks high for black-owned businesses is population growth.

67,000 African Americans relocated to the state since July 2007, the largest increase in the country.

©2010 WALB News. All rights reserved.   Feedback