BOC

Facts

More than three million businesses are minority-owned, and the number is growing
More than 9.1 million businesses are women-owned—which represents more than a third of all U.S. companies—and the number is growing
Small businesses—firms with less than 500 employees—represent 99.7% of all American employers
Small businesses employ 53% of the private workforce
Small businesses create three out of four new jobs
Small businesses contribute 47% to all sales in the country
A small business with 100 employees adds to an area:

Small businesses are responsible for 50% of the private gross domestic product
Small firms produce 55 percent of all innovations and generate twice as many product innovations per employee as large firms, including employees of firms that do not innovate

Over 45% of BOC Network clients are new entrepreneurs
BOC clients have accessed over $23 million dollars in small business financing
More than 8000 small business owners and would-be entrepreneurs have been individually assisted by BOC Network staff and many more have attended entrepreneurial workshops and networking events