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2018 Minnesota State Fact Sheet


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   Quick Facts:
  • In 2018, there were over 529 thousand businesses in Minnesota, of which more than 63 thousand were minority-owned firms.

  • Minority-owned firms in Minnesota employed over 86 thousand people in 2018.

  • Minority-owned firms represented 12.3% of all firms located in the state.

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