There are over 5000 ALANA firms in Minneapolis with $1.3 billion in revenue. There are over 700 employer firms employing over 10,000 people with an annual payroll of $326 million. (Source: Survey of Business Owners, 2007). I shared this information at the OneMinneapolis conference at the Minneapolis Convention Center today.
The Dynamic Power of Ethnic Capital (visit www.ethnictrends.info for data on the ethnic markets)
Friday, December 02, 2011
ALANA Buying Power $ 2.4 billion in Minneapolis
ALANA (African Latino Asian and Native American) buying power is an estimated $2.4 billion in Minneapolis. The ethnic economy can be a powerful engine of economic growth in Minneapolis. I shared this information at the OneMinneapolis conference at the Minneapolis Convention Center today.
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