Uber challenged on diversity by Jesse Jackson

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The civil-rights leader calls on the ride-hailing company to release diversity figures on its workforce, as Apple, Facebook and others have done.
A long list of big-name tech companies have released statistics on the racial and gender makeup of their workforces, including Amazon, Apple, Facebook, Google and Microsoft.

Uber isn’t on that list. And on Thursday, civil-rights leader Jesse Jackson wrote a letter to Uber CEO Travis Kalanick pushing the ride-hailing company to make its diversity figures public.

“As we enter the new year…we urge Uber to ‘lean in’ and join the ranks of technology companies that are reporting your diversity and inclusion data,” Jackson wrote, referencing the title of Facebook COO Sheryl Sandberg’s book about women in the workplace.

Over the last few years, diversity in tech has gotten a lot of attention, with a slew of news stories focusing on the largely white and male composition of staffs and boards of directors. One especially high profile conflict involved former venture capitalist and ex-Reddit CEO Ellen Pao, who lost her sexual discrimination lawsuit against VC firm Kleiner Perkins in March 2015.

With his Rainbow PUSH Coalition, Jackson has been at the forefront of activism regarding diversity in Silicon Valley. In 2014 he called on Google to release its statistics, and shortly thereafter the company complied. Several other major tech firms quickly followed suit. Popular startups like Airbnb and Pinterest have released their diversity numbers, and Uber rival Lyft has pledged to do so this year.

Continue onto CNet to read the complete article.

Spike Lee is first black person to lead Cannes Film Festival jury

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Spike Lee pictured in cap and giving the peace sign

Acclaimed director Spike Lee will head to this year’s Cannes Film Festival as the first black president of its jury. “I’m honored to be the first person of the African diaspora (USA) to be named President of the Cannes Jury and of a main film festival,” the “Do The Right Thing” director said in a statement.

“My biggest blessings have been when they arrived unexpected, when they happened out of nowhere,” Lee continued. “I was shocked, happy, surprised and proud all at the same time.”

The festival’s organizers said they are looking forward to seeing how Lee injects his personality “to shake things up” at May’s event. “Spike Lee’s perspective is more valuable than ever. Cannes is a natural homeland and a global sounding board for those who (re)awaken minds and question our stances and fixed ideas,” festival organizers said in a statement.

The New York native, who works almost exclusively on his own screenplays, first formed a relationship with the prestigious festival back in 1986, when he presented his first feature film “She’s Gotta Have It.” Since then, Lee has presented six films at Cannes: “Do The Right Thing,” “Jungle Fever,” “Girl 6,” “Summer of Sam,” “Ten Minutes Older” and “BlacKkKlansman.”

Continue on to CBS News to read the complete article.

Missy Elliott, Stevie Nicks, Tame Impala, Miley Cyrus Top Governors Ball Lineup

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Missy Elliott

New York’s Governors Ball has announced the lineup for its 10th annual festival, and it’s a wide mix of styles, genres and eras: Missy Elliott — making her first major NYC performance in over a decade — Tame Impala, Stevie Nicks, Vampire Weekend, Solange, Miley Cyrus, Flume, Ellie Goulding, H.E.R., Swae Lee, Rufus Du Sol, Portugal. The Man, Foals, Summer Walker, Jon Bellion, Khruangbin, Carly Rae Jepsen, Maren Morris, Of Monsters and Men, Milky Chance, Bleachers, Banks and many more.

Not for nothing, the festival features several female headliners, unlike the recently announced Coachella lineup.

While the lineup features many strong performers, Elliott’s rare appearance could be this year’s highlight: While she has performed and dropped music sporadically over the past 15 years — last summer’s “Iconography” EP was her first non-single release since 2005 —  she is a roof-raising live performer, and this festival spot is likely to feature stellar choreography and a relentless barrage of her hits.

Continue on to Variety to read the complete article and view the full line up.

51st NAACP Image Awards Nominations Announced

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5ist Image Awards collage of nominees

The nominees for the 51st NAACP Image Awards were announced recently at a joint press conference with Derrick Johnson, President and CEO of the NAACP and Connie Orlando, Executive Vice-President, Specials, Music Programming & Music Strategy. The winners will be revealed during the two-hour LIVE TV special airing on BET Networks on Saturday, February 22, 2020 8 p.m. ET/7 p.m.CT.

Netflix leads the television category nominations with 30, with an additional 12 nominations in the motion picture categories for a total of 42. RCA Records leads in the music recording categories with 14, followed by Columbia Records and BMG, respectively, with seven. Universal Pictures leads the motion picture categories with 15 nominations, and Penguin Random House has 8 nominations followed by HarperCollins with four in the literary categories.

“Representation across entertainment and the arts has profound meaning and unparalleled power to shape perceptions, influence culture, and galvanize communities,” said NAACP President and CEO Derrick Johnson. “This year’s nominees have conveyed a wide range of authentic stories and experiences that have resonated with many, and we’re proud to continue celebrating their outstanding achievements and performances.”

“This is a historic occasion for BET Networks, and we’re thrilled to be able to celebrate our network’s 40th anniversary in conjunction with this milestone moment of hosting the NAACP Image Awards,” said Scott Mills, President of BET Networks. “It is our distinct privilege to be able to acknowledge contributions of talent in TV, music, movies and literature and we look forward to celebrating these contributions next month.”
The NAACP Image Awards honors the accomplishments of people of color in the fields of television, music, literature, and film and also recognizes individuals or groups who promote social justice through creative endeavors. The Image Awards previously aired on TV One.

In previous years, Image Awards attendees included Oprah Winfrey, Will Smith, Taraji P. Henson, Viola Davis, Gabrielle Union, Kerry Washington, Anthony Anderson, Sterling K. Brown, Mandy Moore, Halle Berry, Common, Dwayne Johnson, Steve Harvey, Audra Day, John Legend, Lena Waithe, Tracee Ellis Ross, David Oyelowo, Laverne Cox, Octavia Spencer, Issa Rae, Trevor Noah, Terry Crews, Yara Shahidi, Danai Gurira, Jacob Latimore, Jay Pharoah, Jemele Hill, Josh Gad, Loretta Devine, Michael B. Jordan, Sylvester Stallone, Meta Golding, Michael Smith, Tyler James Williams, Ava DuVernay, Chadwick Boseman, and many more.

Voting is now open to the public to determine the winners of the 51stNAACP IMAGE AWARDS by visiting www.naacpimageawards.net– Winners will be revealed during the 51stNAACP Image Awards telecast. For all information and the latest news, please visit the official NAACP Image Awards website at www.naacpimageawards.net or on Facebook at naacpimageawards and Twitter @naacpimageaward (#NAACPImageAwards).

The complete list of categories and nominees for the 51stNAACP Image Awards follows:

ENTERTAINER OF THE YEAR
Angela Bassett
Billy Porter
Lizzo
Regina King
Tyler Perry

TELEVISION CATEGORIES

Outstanding Comedy Series

“Ballers” (HBO)
“black-ish” (ABC)
“Dear White People” (Netflix)
“grown-ish” (Freeform)
“theNeighborhood” (CBS)

Outstanding Actor in a Comedy Series

Anthony Anderson – “black-ish” (ABC)
Cedric The Entertainer – “theNeighborhood” (CBS)
Don Cheadle – “Black Monday” (Showtime)
Dwayne Johnson – “Ballers” (HBO)
Tracy Morgan – “The Last O.G.” (TBS)

Outstanding Actress in a Comedy Series

Logan Browning – “Dear White People” (Netflix)
Jill Scott – “First Wives Club” (BET+)
Tiffany Haddish – “The Last O.G.” (TBS)
Tracee Ellis Ross – “black-ish” (ABC)
Yara Shahidi – “grown-ish” (Freeform)

Continue on to Ebony to read the complete article.

Cynthia Erivo could become the youngest EGOT winner

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Cynthia Erivo on the red carpet at the Premiere of HBO's "The Outsider"

Cynthia Erivo is one step closer to EGOT status with an Oscar nomination for her turn as the iconic freedom fighter and suffragist Harriet Tubman in Kasi Lemmons’ ‘Harriet.’

British actress Cynthia Erivo was nominated for her first Oscar on Monday morning for her performance as the iconic freedom fighter and abolitionist Harriet Tubman in Kasi Lemmons’ “Harriet.”

The stage and screen actress (along with powerhouse singer — she is also nominated in the original song category) also earned Golden Globe, SAG and Critics’ Choice nominations for the role.

And while BAFTA controversially snubbed acting nominees of color entirely, the ceremony still asked her to perform (she declined).

Erivo was the only person of color nominated for an acting Oscar this year.

“Harriet,” distributed by Focus Features, exceeded box office forecasts when it opened in November, debuting to $12 million on its way to $43 million to date in global ticket sales. It marks the first feature leading role for Erivo, who stole scenes in 2018’s “Widows” and “Bad Times at the El Royale.”

She was first approached about “Harriet” while in the midst of a Tony-winning turn in the Broadway production of “The Color Purple.” The production is also responsible for her subsequent Grammy (for the cast recording) and Daytime Emmy (for a cast performance on NBC’s “Today”) wins. (For those who don’t want to count Daytime Emmys in EGOT status, Erivo will also headline the upcoming limited series “Genius: Aretha” for National Geographic. And playing music singer Aretha Franklin could put her in Primetime Emmy contention as well.)

Continue on to the LA Times to read the complete article.

Tiffany Haddish Stars in ‘Like a Boss,’ in Theaters Today

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Like a Boss premiere photo of the cast, including Tiffany Hassish, pose on the pink carpet

Tiffany Haddish is her usual hilarious self in the new film Like a Boss, which recently opened across the nation. In it, Mia (Haddish) and her best friend, Mel (Rose Byrne), are living their best lives running the own cosmetics company they’ve built from the ground up.

Unfortunately, however, they’re in over their heads financially and the prospect of a big buyout offer from a notorious titan of the cosmetics industry, Claire Luna (Salma Hayek), proves too tempting to pass up, which puts Mel and Mia’s lifelong friendship in jeopardy. The beauty business is about to get ugly.

The Paramount Pictures film, directed by Miguel Arteta and executive produced by Haddish and Nicolas Stern, also stars Billy Porter, Jennifer Coolidge, Ari Graynor, Natasha Rothwell, Jessica St. Clair and Karan Soni.

Watch the Trailer!

Continue on to Ebony to read the complete article.

MBEs: Get Certified Today

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diverse business group walking and talking

Why certify? Businesses that are certified as minority owned are subject to different laws and regulations than other businesses and as such are very different entities from typical enterprises. Unlike a standard business license or registration, a minority-owned business enterprise certification is not required to run a minority-owned business, although certification can provide many benefits for a company—especially in regards to government contracting.

Below are some of the certification processes your company can expect to navigate when seeking minority-owned business enterprise certification. Also listed are the requirements that must be met by businesses that are seeking certification.

  • Manufacturers – Maximum number of employees must not surpass 500 or 1500, depending on the product being manufactured.
  • Wholesalers – Maximum number of employees must not surpass 100 or 500, depending on the product being provided.
  • Service providers – Annual sales receipts must not be higher than $2.5 or $21.5 million, depending on the service being provided.
  • Retailers – Annual sales receipts must not be higher than $5.0 or $21.0 million, depending on the product being provided.
  • General and Heavy Construction businesses – Annual sales receipts must not exceed $13.5 or $17 million, depending on the type of construction the company is engaged in.
  • Special Trade Construction businesses – Annual receipts must not be higher than $7 million.
  • Agricultural businesses – Annual sales receipts must not be higher than $0.5 to $9.0 million, depending on the agricultural product being produced.

Business Requirements

1) The company applying for certification must have a racial minority owner who owns at least 51 percent of the company.

2) The same owner must hold the highest position in the company.

3) The company must pay a fee based on company annual gross sales and also file an application that details basic company information, such as what year the business was founded.

4) The company’s primary business locations must be available for site visits.

Getting Bids

Build Relationships. When it comes to winning bids in the government contracting marketplace, contacts are everything. Business owners are advised to take the time to make connections, build relationships and network extensively. The contacts a business develops are often the key to furthering their success in government contracting. Proactively networking with larger companies, agencies and even competitors can lead to subcontracting opportunities while also showing agencies that you are a trustworthy and reliable business partner.

Subcontract. Building a reputation as a professional enterprise is crucial to the success of any business. Winning a government bid isn’t only about the monetary aspects involved with a contract; other factors are evaluated, too. An agency will often look at company financials, work history and reputation before selecting a winning organization. It helps to have contacts who can vouch for your company and the work that you do. By subcontracting, you build your reputation and gain valuable experience.

You never know when the contacts you develop will come in handy. Therefore, you should make each and every relationship meaningful because in the long run, these are the relationships that will further your company’s success.

Government RFPs are a great way for minority-owned business enterprises (MBE) to win spot and term contracts. Every year, the U.S. federal government spends more than $200 billion on goods and services, all of which are provided by private companies and many of which are minority-owned businesses. From federal to state, local and special districts, all levels of government have programs in place to increase their involvement with certified minority-owned business enterprises. Only companies who have gone through the MBE certification process are eligible for the money that is made available through such programs.

Source: BidNet

Former Memphis Firefighter Launches New Career With America’s Top-Rated Home Inspection Company

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Former firefighter Byron Matthews in his Pillar to Post uniform

When Byron Matthews says he has a thorough understanding of building structure, he is not exaggerating. Recently, the 46-year-old Matthews became a franchise owner with the No. 1 home inspection company in North America, Pillar To Post Home Inspectors®. Matthews serves clients throughout Shelby County and west Tennessee.

But prior to joining Pillar To Post Home Inspectors, Matthews spent 15 years as a firefighter and EMT for the city of Memphis. A Memphis resident, Matthews says his prior career gave him the perfect foundation for his new one. “Being a firefighter for 15 years and having an understanding of home structures, foundations and fire inspections make a great fit for being a home inspector,” Matthews said.

Pillar To Post Home Inspectors is the brand to which more than three million families have turned to for over 25 years to be their trusted advisor when buying or selling a home. Pillar To Post Home Inspectors has ranked on Entrepreneur Magazine’s annual Franchise 500® for 23 years in a row, and the past 8 years they landed the top spot in their category.

A professional evaluation both inside and outside the home is at the core of Pillar To Post Home Inspectors’ service.

“I always wanted to be a business owner, so this was a great match for me,” Matthews said. “My goal is to expand my business and be a role model in my community.”

About Pillar To Post Home Inspectors®
Founded in 1994, Pillar To Post Home Inspectors is the largest home inspection company in North America with home offices in Toronto and Tampa. There are more than 600 franchises located in 49 states and nine Canadian provinces. The company has ranked in Entrepreneur Magazine’s Franchise500® for 23 years in a row, the past 8 years as No.1 in Category. Long-term plans include adding 500 to 600 new franchisees over the next five years. For further information, please visit www.pillartopost.com. To inquire about a franchise, go to www.pillartopostfranchise.com.

The No. 1 job of 2019 pays $140,000 — and its hiring growth has exploded 74%

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human hand touching robotic hand

Career and job site LinkedIn released its annual “Emerging Jobs” list, which identifies the roles that have seen the largest rate of hiring growth from 2015 through 2019. No. 1 on the list: Artificial Intelligence Specialist — typically an engineer, researcher or other specialty that focuses on machine learning and artificial intelligence, figuring out things like where it makes sense to implement AI or building AI systems. Hiring for this role has been tremendous, growing 74% annually in the past 4 years alone.

Hiring for this role has been tremendous, growing 74% annually in the past 4 years alone. “AI has infiltrated every industry, and right now the demand for people skilled in AI is outpacing the supply for it,” Guy Berger, the principal economist at LinkedIn, tells MarketWatch. “This is the third year in a row a role related to machine learning or artificial intelligence has topped the list, and we can only expect demand to increase.”

The pay is impressive too, with AI roles often commanding six figures. Jobs site Indeed notes that artificial intelligence engineers in San Francisco, for example, rake in $120,000 to upwards of $160,000. Sometimes AI roles can garner pay of $250,000 or more.

LinkedIn isn’t the only company to highlight an AI specialty role as a job to watch. Indeed’s annual list of the “25 best jobs of 2019” named machine learning engineer as No. 1, citing a 344% increase in job postings in the past few years and an annual base salaries of $146,000, among other perks.

So what’s behind this rapid growth in AI jobs? Berger says that “almost everyone” is hiring for these roles from the obvious (tech and automotive) to the more surprising (higher education and sports).

And these offer a real opportunity even for people who aren’t currently in AI: “We’re in an extremely tight labor market so companies are really looking to hire whoever can get the job done,” says Berger — who notes that learning skills like TensorFlow and Python, as well as diving into machine learning and natural language processing, could help you land the role. You can often take these kinds of classes as certificate programs from local universities, coding schools and more.

Rounding out the top 5 jobs on LinkedIn’s emerging jobs report are robotics engineers (40% annual hiring growth), data scientist (37%), full stack engineer (35%) and site reliability engineer (34%). “While many of these jobs are tech roles, they’re not necessarily in the tech industry. Every company has had to embrace tech at some level and we’re seeing that reflected in these high-growth jobs,” adds Berger.

But interestingly, there are also a number of client-facing roles that are experiencing rapid hiring growth, such as customer success specialist and sales development representative. Many roles like this “are heavily reliant on relationships, so being skilled in things like communication, problem-solving and collaboration are key,” Berger notes, adding that for these kinds of gigs companies “will rely on people skills that can’t be automated, successfully complementing new technologies.”

LinkedIn’s Top 10 Emerging Jobs
1. Artificial Intelligence Specialist
2. Robotics Engineer
3. Data Scientist
4. Full Stack Engineer
5. Site Reliability Engineer
6. Customer Success Specialist
7. Sales Development Representative
8. Data Engineer
9. Behavioral Health Technician
10. Cyber Security Specialist

Continue on to MarketWatch to read the complete article.

Da Lucky Spot: Meet the Charlotte Man Behind Walmart’s First Black-Owned Barbershop

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Entrepreneur Shaun Corbett cuts the ribbon on Da Lucky Spot, Walmart’s first Black-owned barbershop.

The philosopher Seneca said luck is where opportunity meets preparation. For Charlotte, North Carolina, barber Shaun “Lucky” Corbett, his golden opportunity paved the way for what would become Walmart‘s first Black-owned and operated barbershop.

On Sept. 26, Corbett was joined by dozens of community supporters eager to witness the moment he opened the doors of Da Lucky Spot Barbershop at the Walmart on Wilkinson Boulevard. The grand opening festivities were replete with balloons, laughter and plenty of smiles as folks gathered to celebrate the accomplished businessman.

Corbett, 40, has established himself as a leader in the local community over the last several years with his charitable give-back programs. As a licensed barber, he envisioned his shop as a space offering fellowship and suppport, especially for the neighborhood’s youth.

The road hasn’t always been smooth, however, and like most business owners, Corbett relied on his faith to get him through the rough spots.

“How I landed it was never giving up, seeing the vision [and] just working diligently,” he told Atlanta Black Star via phone. “Development is the main thing … understanding and being intentional about conversations I have when I have the opportunity to help.”

Corbett got his start in 2005 after enrolling in the No Grease barber school, the Charlotte Agenda reported. He spent his weekends cutting heads at the barber shop and served up slices at a local pizzeria to cover his hefty tuition — $10,000 to be exact.

By the next year, he was a full-time barber with his own chair. Corbett was eventually able to open his first Lucky Spot shop on North Tyrone Street in 2010.

The space quickly became more than just a barbershop. Corbett hosted a number of community programs, including his handing out of turkeys to families in need each Thanksgiving, after-school tutoring sessions for the kids and a backpack drive for students headed back to school in the fall. The local leader is perhaps best known for his acclaimed Cops & Barbers program, which aims to build trust between police and the communities they serve.

Continue on the Atlanta Black Star to read the complete article.

11-year-old ballerina dances into history as 1st black lead in NYC Ballet’s ‘The Nutcracker’

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Charlotte Nebres smiling holding a large Nutcracker

Four years ago, Misty Copeland became the first African American woman to be promoted to principal dancer in the American Ballet Theatre’s 75-year history. Now, an 11-year-old girl is also breaking barriers as the star of the New York City Ballet’s holiday production of George Balanchine’s “The Nutcracker.”

In a story first reported by The New York Times, Charlotte Nebres, a student at the School of American Ballet, danced her way into ballet history as New York City Ballet’s first black Marie, the young heroine of a show that dates back to 1954.

The annual production also includes a diverse cast of other young leads this season, including Tanner Quirk, Marie’s Prince in the ballet, who is half-Chinese; Sophia Thomopoulos, the ballet’s second casting of Marie, who is half-Korean and half-Greek; and Kai Misra-Stone, Sophia’s Prince, who is half-South Asian.

“It’s pretty amazing to be not only representing S.A.B., but also representing all of our cultures,” Nebres told “The New York Times.” “There might be a little boy or girl in the audience seeing that and saying, ‘Hey, I can do that too.'”

Charlotte, who was just 6 years old when Copeland became the first female African American principal at American Ballet Theater, recalled being inspired when she saw Copeland perform for the first time.

“I saw her perform and she was just so inspiring and so beautiful,” she told The New York Times. “When I saw someone who looked like me on stage, I thought, ‘That’s amazing.’ She was representing me and all the people like me.”

Charlotte Nebres in Ballet outfit holding on to ballet bar with her coachCharlotte, whose mother’s family is from Trinidad while her father’s side of the family is from the Philippines, is becoming a trailblazer herself with the role of Marie.

For Charlotte’s mother, Danielle Nebres, the experience for her daughter is a meaningful one, because she was also a dancer growing up.

Nebres, who described Charlotte as quiet and artistic, said, “You don’t know what people are seeing in your child, and they are definitely seeing something in her.”

Although Charlotte is making waves being cast as Marie, the 11-year-old is just enjoying the moment and doing what she loves most: dancing.

Continue on to ABC News to read the complete article.

JAY-Z Is the First Hip-Hop Artist to Become a Billionaire: Inside His Fortune

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JAY-Z in blue suit and white collared suit on stage before performance

When JAY-Z rapped “I’m not a businessman, I’m a business, man” on Kanye West’s 2005 track “Diamonds From Sierra Leone,” he really meant it.

According to a new report released by Forbes on Monday, the rapper turned mogul has become the first hip-hop artist to amass a billion-dollar fortune with his impressive investments across liquor, art, real estate and companies like Uber.

Before becoming a musician, JAY-Z, 49, was a drug dealer in his hometown of Brooklyn. In 1996, he started his own label, Roc-A-Fella Records, to release his debut album, Reasonable Doubt. Since then, he has earned 14 No. 1 albums, 22 Grammy wins and a reported $500 million in pretax earnings, according to the outlet.

In order to calculate JAY-Z’s net worth, Forbes says they first looked at his stakes in companies like Armand de Brignac champagne (which he owns 100% of) and applied their customary discount to private firms. They then added up his income and subtracted “a healthy amount to account for a superstar lifestyle.” Additionally, they say they ran the numbers with a roster of outside experts to ensure that the estimates were “fair and conservative.”

Since its launch in 2006 in JAY-Z’s music video for “Show Me What You Got,” Armand de Brignac is estimated by Forbes to now be worth $310 million. JAY-Z’s cognac D’Ussé, which is a joint venture with Bacardi, is estimated to be worth $100 million.

JAY-Z is also estimated to have $220 million in cash and investments, including a stake in ride-share service Uber which is estimated to be worth $70 million itself.

JAY-Z’s music-streaming service Tidal — which launched in 2015 with a number of celebrity investors including his wife, Beyoncé, Kanye West and Calvin Harris — is estimated to be worth $100 million.

Continue on to Yahoo entertainment to read the complete article.

The Best And Worst States For Entrepreneurs In 2020

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black man looking excitedly at his laptop

There might be an ongoing trade war and recession worries, but small businesses in the United States continue to flourish. According to a report by Guidant Financial, 78 percent of small businesses are reporting profits, with both confidence and happiness indices ranking among the highest in recent years. Approval rates for small business loan applications at big banks rose from 26.7 percent in Sept. 2018 to 27.9 percent in Sept. 2019, according to Biz2Credit.

Thus, the overall small business climate looks favorable for an enterprising entrepreneur. However, one fundamental factor that can change business climate is geography. Depending on the state — not to mention the city — where you want to start a business, these overall conducive conditions can change dramatically.

Seek Capital conducted a study of all 50 U.S. states to determine which ones were the best and which ones were the worst for entrepreneurs wanting to start and maintain a successful business. The study analyzed states in terms of 21 factors, ranging from socio-economic factors such as the five-year increase in working-age population, unemployment and labor force participation rates, to factors more specifically focused on entrepreneurial activity, such as the rate of new entrepreneurs, the opportunity share of new entrepreneurs (the percentage of entrepreneurs who said they started their business out of opportunity rather than necessity) and startup survival rates, sourced from the Kauffman Indicators of Entrepreneurship.

There are definitely some geographic patterns that emerged from the results of the study. The list of the top-10 best states are a combo of states located in the U.S. West and South regions, as designated by the Census Bureau. Midwest states are scattered across the middle of the rankings. And among the 10-worst states, the list of states includes those located in the South and the Northeast, the latter being the most unfavorable region in general for starting a business.

Here are the top-10 best states for starting a business:

  1. Utah
  2. Florida
  3. Texas
  4. Colorado
  5. California
  6. North Carolina
  7. Idaho
  8. Oklahoma
  9. Georgia
  10. Wyoming

Each of these states saw sizable injections of venture capital into new companies in 2018. California startups received the most money, with 2,869 companies getting $77.3 billion in venture capital funding, for an average of $26.9 million per company. No. 6 North Carolina was no slouch either, with $2.6 billion in venture capital funding going to 173 companies, for an average of $15.1 million per company. Not coincidentally, these 10 states had very active entrepreneurs. Florida has the highest rate of new entrepreneurs with 0.46 percent of its population starting businesses, followed by 0.45 percent in California and Wyoming.

The 10 Worst States for Entrepreneurs in 2020

The states that made up the worst states for entrepreneurs shared several traits. One of them mentioned is geographic: Six out of the 10 worst states are located in the Northeast — Pennsylvania (41st overall), New Hampshire (44th), Maine (47th), New Jersey (48th), Connecticut (49th) and Rhode Island (50th). The remainder of the 10 worst states are located in the South.

Declining working-age populations was shared by all of the 10 worst states with the exception of Arkansas. In absolute terms, Pennsylvania lost the most, suffering a decline of 148,126 working-age people from 2013 to 2018. In percentage terms, Louisiana and Maine lost the most, down 2.2 percent and 2.3 percent, respectively, over the last five years. Business taxes in these states are also mediocre to outright unfavorable

Here are the bottom-10 worst states to start a business, with No. 1 being the worst:

  1. Rhode Island
  2. Connecticut
  3. New Jersey
  4. Maine
  5. Alabama
  6. Maryland
  7. New Hampshire
  8. Arkansas
  9. Louisiana
  10. Pennsylvania

Continue on to Forbes to read the complete article.

 

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