According to the 2023 Annual Business Survey (ABS) published in December 2024 by the U.S. Census Bureau, the Tallahassee Metropolitan Statistical Area (MSA) ranks #14 nationally for the highest percentage of Black-owned businesses. The ABS, which reflects data from 2022, found approximately 7,828 employer firms in the Tallahassee MSA, of which 549 (7%) were Black or African American-owned. This figure is twice the national average, highlighting Tallahassee-Leon County’s commitment to fostering Black entrepreneurship. To support this growth, our community provides various programs and financial opportunities to advance minority- and women-owned small businesses.
OEV actively supports minority- and women-owned businesses (MWBEs) through various initiatives to foster economic inclusion and opportunity.
These organizations provide training and consulting on business plans, bid preparation, strategic planning, marketing, accounting, and procurement strategies.
Tallahassee-Leon County funds local microlending programs to diversify the capital pool for minority businesses:
Tallahassee-Leon County’s commitment to empowering Black-owned businesses and fostering economic diversity showcases our community’s dedication to inclusive growth. With resources like OEV, the FAMU SBDC, and various local organizations offering technical assistance and access to funding, entrepreneurs have a robust support system to navigate the challenges of starting and growing their businesses. As we celebrate the achievements of Black entrepreneurs in the region, it is essential to continue promoting initiatives that nurture their success and strengthen the local economy for years to come.
The Tallahassee-Leon County Office of Economic Vitality (OEV) is pleased to announce the calendar of events for the 33rd Annual Big Bend Minority Enterprise Development (MED) Week, scheduled to take place from October 3 to 8, 2025. This week-long celebration features workshops and networking opportunities designed to empower entrepreneurs, foster economic growth, and connect participants […]
The Office of Economic Vitality is proud to join Florida State University’s newly formed Magnetic Capital Research Advisory Council, a strategic group of business, industry, finance, and community leaders working to strengthen the region’s position as a global hub for magnetic technologies and innovation. This council will advise FSU’s Office of Research on initiatives that […]