However, despite the uncertainty and the personal financial hardship, Black-owned businesses have been finding ways to sacrifice to support their community — and contribute to a better society. These stories of a Washington D.C. sewing center, a Chi...
Data fromCrunchbase,which tracks venture capital investments,showsBlack-founded startups received only 1.1% of all venture funding in 2022. The Carters, when they couldn’t get credit, did what many Black-owned businesses do in that situation, according to the Federal Reserve Bank’s survey. Th...
32% of small businesses are owned by women. Although at 68% the majority of small businesses in the United States are owned by men, 32% are now female-owned. According to Guidant Financial and the Small Business Trends Alliance, there have been more female small business owners in the past...
Grants for Black-Owned Businesses Access to funding and resources can make all the difference when building a business; if you're a Black entrepreneur looking for grants, mentorship or tools, check out these programs. Jessica WalrackFeb. 24, 2025 Trump's IRS Layoffs and Your Taxes The...
For many businesses, building a brand is the result of a long, organic process; however, with the right intentions—from developing the right concept tocreating a logo—you can jump start your brand building. Let’s dive in to how you can build your brand in just ten simple steps: ...
3. Understand the obstacles black-owned businesses face.According to data from theUS Federal Reserve, black business owners are twice as likely to be denied loans as their white counterparts. As such, black entrepreneurs are more likely to rely on personal savings or credit cards rather than out...
leading to a reduction in the number of public facilities available to all, and a reduced quality of life for many. Take swimming pools. While in 1950, only 2, 500 U.S. families owned pools, by 1999 this number wa...
“A lot of businesses ultimately end up being in a different place from their initial starting point,” says Luis Ramos, director of business advising at Accion Opportunity Fund, a nonprofit small business lender. "That’s why I always stress the importance of getting out there and testing ...
Black CapitalismCivil Rights MovementSmall BusinessesAfrican American BusinessesCivic ParticipationMartin Luther KingJr.Andrew BrimmerA large literature has detailed the seminal roles played in the Civil Rights Movement by activists, new political organizations, churches, and philanthropies. B...
Subsequent posts showed Keke visiting Black-owned businesses across the United States and talking to the owners. Use this Google campaign to inspire you to think outside the typical Black Friday discount box. Consider using the hype around the shopping period to bring attention to your new offers...