COLUMBUS — The Ohio Chamber of Commerce Research Foundation released the Ohio Black-Owned Business Economic Impact Study, a report detailing the economic contributions and challenges of Black-owned businesses across the state.

The study was unveiled at the inaugural State of Ohio Black Business event, which launched what will become an annual tradition to measure progress, celebrate achievements and address barriers facing Black entrepreneurs.

The Ohio Chamber partnered with the Baldwin Wallace University Community Research Institute to produce the report, which combines economic modeling with survey data from 268 Black business owners across Ohio.

Key findings show that Black-owned businesses:

• Generate $12.5 billion in value-added contributions to Ohio’s economy;

• Support nearly 1

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