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• In 2018, there were over 2.9 million businesses in Texas, of which more than 1.3 Million were minority-owned firms.

• Minority-owned firms in Texas employed over 1.2 million people in 2018.

• Minority-owned firms represented 48.2% of all firms located in the state.

• The number of minority owned firms in Texas increased 7.2% between 2017 and 2018.