Lisa Price, owner, Carol’s Daughter hair and skin products.

*Fortune Magazine recently reported that African American women are the fastest rising group of entrepreneurs in the U. S. The report shows that the number of businesses owned by African-American women has grown 332 percent since 1997.

The 2015 State of Women-Owned Businesses Report was commissioned by American Express Open. It shows an enormous growth of women-owned businesses overall; and sets the percentage of growth for these businesses between 1997 and 2015 at 74 percent, which is 1.5 times the national average.

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