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2018 Michigan State Fact Sheet

 

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   Quick Facts:
  • In 2018, there were over 894 thousand businesses in Michigan, of which more than 156 thousand were minority-owned firms.

  • Minority-owned firms in Michigan employed over 181 thousand people in 2018.

  • Minority-owned firms represented 18.0% of all firms located in the state.

  • The number of minorityowned firms in Michigan increased 4.4% between 2017 and 2018.