Sebrae: Black people make up the majority of Brazilian entrepreneurs

Survey

The study reveals that of the 29.3 million small business owners in the country, formalized or not, around 15.2 million declare themselves black and mixed race.

Black entrepreneurs account for 52% of business owners in the country, according to a survey carried out by Sebrae based on data from the National Household Sample Survey (PNAD) from the third quarter of 2023. The study reveals that of the 29.3 million of small business owners in the country, formalized or not, around 15.2 million declare themselves black and mixed race, while 13.7 million (46.8%) are white and 418 thousand (1.4%) belong to other races, such as yellow and indigenous.

The survey on entrepreneurship by race and color focusing on the segment of self-declared black people also indicates that the diversity of occupations in this group is lower, where the 10 main activities account for 78% of the universe of entrepreneurs.

These entrepreneurs lead, in terms of participation in agriculture and construction. Around 13.9% of black business owners (black and brown) are in agriculture and 15.9% in construction. These proportions are higher than those found, for example, among white people (13% and 10.1%, respectively).

For the president of Sebrae, it is necessary to increasingly invest in actions to include and rescue the largest entrepreneurial segment in the country to help change the reality outlined by the study.

“By supporting businesses owned by black people, we are creating opportunities and building a more inclusive future. The action is focused on promoting equality and growth for a significant portion of the population”,

said the president of Sebrae Nacional, Décio Lima.

Research conducted by Sebrae reveals that the proportion of black and brown entrepreneurs in more traditional and simple activities – which require less qualifications and generate lower financial returns – is higher than that of white owners of small businesses.

The study, based on the PNAD, shows that despite being the majority in the Brazilian entrepreneurial universe, black owners of micro and small businesses are those with the lowest level of revenue (77.6% of them receive up to two minimum wages per month) and the lowest level of education (45.1% only have primary education).

*With information from consultancy

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