OXC – Owned By Color (Pronounced “Oxy”)

In the United States, people of color represent 40% of the population, but only 20% of the nation’s 5.6 million business owners with employees.*

The demographic disparity in business ownership is troubling. Business ownership has long been proven to be a positive factor in closing the wealth gap and building community and family wealth for people of color. Our mission is to build the biggest community of BIPOC-owned (Black, Indigenous and People of Color) businesses in the world. We aim to create visibility for every business—big and small—owned by an entrepreneur of color and inspire future entrepreneurs of color.

Our method is simple, but our message is powerful: BIPOC-owned businesses are essential to the global economy.

*Liu, S. (2020, April 14). Businesses owned by women and minorities have grown. Will COVID-19 undo that? Brookings Institution.