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

Georgia #1 for black-owned businesses

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

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • 'Ram Rush' buses are full as ASU resumes

    'Ram Rush' buses are full as ASU resumes

    Friday, August 18 2017 4:10 PM EDT2017-08-18 20:10:26 GMT
    ASU Ram Rush buses (Source: WALB)ASU Ram Rush buses (Source: WALB)

    ASU students are taking advantage of a new partnership with the city of Albany. Since Monday, the new "Ram Rush" buses are shuttling students from both the east and west campuses. 

    More >>

    ASU students are taking advantage of a new partnership with the city of Albany. Since Monday, the new "Ram Rush" buses are shuttling students from both the east and west campuses. 

    More >>
  • Solar eclipse: How will animals react?

    Solar eclipse: How will animals react?

    Friday, August 18 2017 4:01 PM EDT2017-08-18 20:01:47 GMT
    Bats could come out during totality (Source: WALB)Bats could come out during totality (Source: WALB)

    As the day goes dark Monday afternoon, it could cause animals to show some wacky behaviors.

    More >>

    As the day goes dark Monday afternoon, it could cause animals to show some wacky behaviors.

    More >>
  • ASU Police prepare for campus carry workshop

    ASU Police prepare for campus carry workshop

    Friday, August 18 2017 4:00 PM EDT2017-08-18 20:00:03 GMT

    ASU Police know you have questions with the new campus carry law in effect for firearms. And next week, you'll have a chance to get some answers. 

    More >>

    ASU Police know you have questions with the new campus carry law in effect for firearms. And next week, you'll have a chance to get some answers. 

    More >>
Powered by Frankly