Before Crisis Hit, Minority- and Female-Owned Businesses Boomed
(Washington Post) — Emogene Mitchell spent two decades in the cocoon of a multinational research institute, rising to vice president in charge of events planning. Then the economy tanked, and the workload shriveled. In the heart of the Great Recession, Mitchell was ready to join the soaring number of minorities and women who are starting their own businesses and are expected to fuel much of the job growth over the next decade.
During a meeting on cost-cutting last year, Mitchell, who is African American, told her bosses they should axe her position and replace her with a contractor — Mitchell’s Meetings and Events, the company she runs out of a home office in Arlington County with her husband, La Mont. Her old firm is now one of her main clients.