The bad news is that the share of rural African American, Latino, and Native American–owned businesses is far lower than their national population shares.[24] Led by Virginia Democrat Tim Kaine and Mississippi Republican Roger Wicker, a bipartisan group of U.S. senators has twice introduced the Reaching America’s Rural Minority Businesses bill, which would authorize the Department of Commerce to establish small-business training centers at Historically Black Colleges and Universities (HBCUs) designed specifically to stimulate small-business development among rural minorities.[25]
...more

