BIPOC stands for Black, Indigenous, and People of Color. A BIPOC business is a business that is owned or operated by someone who is a member of one of these groups. The term is often used to refer to businesses that are owned by people who have historically been marginalized and discriminated against due to their race or ethnicity. These businesses may face additional challenges in starting up and growing, due to systemic barriers and discrimination. However, there is a growing movement to support and promote BIPOC-owned businesses as a way of promoting economic empowerment and helping to address inequality.
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