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 may LGBTQ+ entrepreneurs select to start out their very own companies?
• How may 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 accomplished to realize equality, one can see the progress that has been made within the contributions of LGBTQI+ companies to the U.S. financial system. In line 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+ neighborhood as an entire spends greater than $917 billion yearly on items and providers.

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

About
the Creator

Kathryn Dawson

Kathryn (she/her) is worked up to hitch the NGPF group after 9 years of expertise in schooling as a mentor, tutor, and particular schooling instructor. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in schooling 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 along with her canine, or lounging in a hammock with a guide.

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