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Millions of Americans took the plunge into entrepreneurship last year, according to this Inc. article, making 2022 the second most popular year on record for Americans seeking business ownership since 2004. 

Officials touting the stats noted that entrepreneurs of color significantly contributed to the uptick in entrepreneurship and mentioned that in particular, Hispanic entrepreneurs started businesses 44 percent faster than their non-Hispanic counterparts over the last decade, citing  a meta-analysis conducted by SCORE.

WASHINGTON, Jan. 24, 2023 – This National Mentoring Month, entrepreneurs are harnessing the power of mentoring to launch their businesses to new levels of success. Entrepreneurs who work with a mentor are five times more likely to start a business – and report higher revenues and increased business growth – according to SCORE, a resource partner of the U.S. Small Business Administration and the nation’s largest network of volunteer, expert business mentors.  

WASHINGTON, Dec. 14, 2022 - Owning and operating a successful small business is challenging in the best of times, but entrepreneurs who have business plans are twice as likely to obtain capital and are more likely to grow, according to SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration.

WASHINGTON, Nov. 22, 2022 – Small businesses are the heart of every community, providing local jobs, boosting local economies and creating two-thirds of net new jobs across the United States, according to SCORE, a resource partner of the U.S. Small Business Administration. To support local entrepreneurs, SCORE is calling on consumers to shop small this Small Business Saturday, Nov. 26 and all year long.