(April 20, 2018—CAPITOL HEIGHTS, Md.) When it comes to the highest rate of minority and women-owned businesses per capita, Maryland tops the list, according to the Baltimore Sun.
This week, the Baltimore Sun reported on a survey by Paychex, which reflected the state’s minority and women-owned businesses per capita excelled compared to nearby states.
The study provided statistics which indicated Maryland has 42 minority-owned businesses for every 100,000 residents and 17.5 businesses owned by women per 100,000 residents.
“Small business opportunities in Maryland are often boosted by the state’s proximity to Washington, D.C., and the availability of government contracts,” the report said.
Read the full article in the Baltimore Sun.