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News, Resources & More For and About Black-Owned Businesses |
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Meet Dana White, founder and CEO of Paralee Boyd, an innovative walk-in-only hair salon franchise that provides a unique solution to getting women in and out in a timely manner. She owns two salons in the Detroit area but has now launched a national rollout via franchising. This makes her the first Black woman in history to ever do so.
Deborah Gladney and Angela Muhwezi-Hall, two sisters who founded an innovative career development platform called QuickHire, have raised more than $1 million in funding for the startup. They are the first Black women in the state of Kansas to ever achieve this.
Meet Terry Foster, founder and CEO of Terry Foster Consulting, a boutique digital marketing agency that helps Black-owned brands scale to 7-figures and beyond with profitable paid traffic. He started the company six years ago after getting fired from a corporate job in 2016.
Moji Onabanjo is the founder and CEO of GV Legal, an intellectual property firm in New York City that is honored to be supporting small businesses owners achieve their goals. With over 15 years of experience practicing as an IP Attorney representing and advising multinationals around the world, she is an expert on the importance of Brand Management and the protection of Intellectual Property.
HBCU graduates Aaron Michael Coad and Terrence Lavelle Low along with their partners Brandon Crump and Devin Kennedy are the founders of the newest Black-owned luxury wine brand called Michael Lavelle, making them the youngest African Americans to own such a company.
Meet Monique Glover, founder and CEO of LaMonique Cosmetics, an affordable all-inclusive luxurious, and health-conscious brand that retails mineral-based cosmetics. She is a staunch advocate of the production and usage of healthy and cruelty-free cosmetics and uses her voice to spread awareness about the side effects of toxic chemicals in makeup and personal care products.
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| Top Black Business Conferences, Workshops, and Seminars: |
Every year, many Black business conferences are held across the country that specifically cater to established or aspiring African American business owners, professionals, authors, bloggers, and more. Literally thousands of people travel to network and do business at such events. These events are usually held in cities like Atlanta, Chicago, and New York, and typically include extensive training workshops, powerful speeches, power networking sessions, grand hall expos, and more. [Find an event to attend...]
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| Top Black and Minority Business Grants and Funding Opportunities: |
From time to time, there are Black and minority business grants available to help African American and other minority entrepreneurs. Sometimes, they grants are offered by major companies, non-profit organizations, and even government agencies. Admittedly, such opportunities can be very difficult to find as many have been discontinued. Others in the past were offered as one or two year programs and did not renew. Despite this, such opportunities are real and are more often offered through local programs compared to national. [Get funded...]
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| Top Black and Minority Business Organizations: |
There are many non-profit Black and Minority business organizations that aim to be of assistance to African American business owners. They are very helpful resources that offer valuable assets including grants, seminars, literature, consulting, and professional networking opportunities. There are also several government agencies that aim to assist minority business owners, including Hispanics, Asians, Native Americans, and even women of all ethnic backgrounds. [Find the right organization for you...]
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| Top Black Business Magazines, Publications and Blogs: |
Believe it or not, there are hundreds of Black business magazines - that is, business-focused magazines that target African American readers. There are also many publications that are focused on professional career development. Some are local, some are national, and some are even international. Many are even available as digital publications via your laptop, tablet or smartphone. There are also many blogs that can be very helpful and resourceful to both aspiring and established Black business owners. [Find a publication that meets your needs...]
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| Interesting Facts & Statistics About Black-Owned Businesses: |
Black-owned businesses accounted for about 28% percent of all businesses in Washington, DC, the highest ratio in the nation. Second, was the state of Georgia, where 20% of businesses were Black-owned, and the state of Maryland, with about 19% in Illinois. The state of New York, however, has the most Black-owned firms at 204,093 but this only accounts for 10.6% of the businesses in the state. Second is the state of Georgia, third is the state of Florida, and fourth is the state of Texas with the most Black-owned businesses but not necessarily the highest ratios. [Learn more...]
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