It would only be fair to invite bids from black-owned businesses. However, the fact remains that although African-Americans represent 13.4% of the total US populace, only 5% of businesses are owned by them and they account for hardly 0.5% of the total business in financial terms. These figures become even more offensive keeping in view that other minorities in the US do not suffer as much. For example, Hispanic-Americans, accounting for 11.9% of the US?s total population, own as much as 7% of businesses. Asians too, who account for 4.5% of the total US?s population also own 4.5% of the businesses. African-Americans face more challenges and fewer opportunities than any other ethnic groups in this country. Therefore, as long as more American businesses do not come forward to buy from black-owned business and embrace a greater degree of supplier diversity, African-American entrepreneurs will continue to face the same dim future in the American business sector. Another interesting characteristic of the American business sector happens to be the failure of black-owned businesses in their first four years of business. This trend amounts to almost 20% more in comparison to white-owned businesses. Black-owned businesses also get lesser capital help as compared to white-owned businesses and are almost four times more vulnerable to credit denial. In addition to this, there is no such possibility for the African-Americans to benefit from multigenerational families, other business and social tie-ups that often result in corporate partnerships in the US. In corporations, one frequently discussed topic is supplier diversity, but it is seldom achieved. The federal government has also announced a mandate for the federal agencies to do business worth 8% with disadvantaged and other minority-owned businesses, including black-owned businesses. This was done way back in 1978.