Query of the Day [LGBTQ+ Pride Month]: How a lot do LGBTQ+-owned companies contribute to the U.S. financial system yearly?

Trace: there are an estimated 1.4 million LGBTQ+ enterprise house owners!

Reply: Almost $2 Trillion

Questions:

• What are the advantages of enterprise possession?
• Why would possibly LGBTQ+ entrepreneurs select to start out their very own companies?
• How would possibly various enterprise possession (together with gender, race, sexuality, and extra) profit the financial system?
  

Click on right here for the ready-to-go slides for this Query of the Day you should use in your classroom.

Behind the Numbers (Forbes):

“Whereas extra must be finished to attain equality, one can see the progress that has been made within the contributions of LGBTQI+ companies to the U.S. financial system. In keeping with the Nationwide LGBT Chamber of Commerce (NGLCC), there are an estimated 1.4 million LGBTQI+ enterprise house owners. These companies contribute $1.7 trillion to the U.S. financial system yearly, whereas the LGBTQI+ group as a complete spends greater than $917 billion yearly on items and companies.

The NGLCC additionally experiences that there are almost 1,000 licensed LGBT Enterprise Enterprises (LGBTBE) suppliers. These licensed LGBTBE® suppliers alone have created over 33,000 jobs in the USA.”

About
the Creator

Kathryn Dawson

Kathryn (she/her) is worked up to affix the NGPF crew after 9 years of expertise in training as a mentor, tutor, and particular training trainer. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in training from Brooklyn School. Kathryn is wanting ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood together with her canine, or lounging in a hammock with a e-book.

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