Study finds Illinois ranks #10 in the U.S. with most minority-owned businesses

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A new study has ranked Illinois #10 in the nation for having the most minority-owned businesses.

According to the Business Owner Diversity Study from Paychex, Illinois also ranks #10 for having the most minority female-owned businesses in the country.

Chicago ranks #4 for U.S. cities with the greatest average of minority-owned businesses.

The Illinois Senate recently passed a piece of legislation that would rule 20% of all state contracts awarded by Constitutional Officers go to businesses owned by minorities, women and individuals living with disabilities.

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