Only 19% of U.S. businesses are owned by people of color and 21% are owned by women, despite representing 40% and more than half the population, respectively, according to U.S. Census Bureau statistics.
However, many owners of these diverse businesses are unable to access loans to grow their businesses. In the healthcare supply chain, the small businesses that comprise it do not reflect the diversity of the communities they serve – which reflects a broader diversity gap in businesses across America.
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