Chattanooga ranks high for minority-owned businesses

CHATTANOOGA, Tenn. (WDEF) – A new study reveals the top U-S metro areas for minority-owned businesses … and guess who takes the number four spot?

Drum roll please?

Chattanooga, according to financial, technology company, Smart Asset.

Chattanooga is above the national average when it comes to minority-owned businesses.

But it wasn’t always that way.

That’s why the Chamber of Commerce developed a specialized African American Business Development Program.

And just this March, Chattanooga Mayor Andy Berke signed an executive order establishing a community coalition to identify the challenges minority businesses face and propose solutions.

These city leaders say it’s a partnership across the board.

They want those already in strong businesses to share their success stories, so everyone can enjoy the economic boost down the line.