Black Business News | Directory of Black-Owned Businesses

August 13, 2020

Meet the Black Woman Real Estate Investor Who Has Developed More Than $7M of Property

Melissa Wyatt, Black woman real estate developer

Serial entrepreneur, real estate developer, coach, and mentor, Melissa Wyatt, has spent decades honing her skills through multiple startups and has not stopped innovating despite COVID-19. She is the powerhouse behind MW Enterprises, LLC, a Black-owned privately managed and diversified real estate company that has developed more than $7 million in properties and is focused on building generational wealth for the next generation, uplifting women and people of color in real estate, and making transformation changes in the communities in which she invests.

August 12, 2020

This Family Just Opened a Black-Owned Drive-Thru Movie Theater in New Jersey

Siree and Ayanna Morris, founders of Newark Moonlight Cinema

Siree and Ayanna Morris, a couple from Newark, New Jersey, have opened a drive-thru movie theater called Newark Moonlight Cinema to bring entertainment to people while considering health precautions in the midst of the pandemic.

August 11, 2020

Founders of New Black-Owned Technology School on a Mission to Help Minorities Pivot Their Career in Response to COVID-19

Quawn Clark and Joshua Mundy, founders of Pivot Tech

Pivot Tech, a technology school created by Quawn Clark and Joshua Mundy, two African American entrepreneurs, empowers minorities to take advantage of a changing work landscape by providing cutting edge, comprehensive technological training.

August 10, 2020

Group of Black Entrepreneurs Plan to Purchase 8 City Blocks in St. Louis

Group of Black entrepreneurs from Black Wall Street STL

A group of Black entrepreneurs from an organization called Black Wall Street STL is planning to build a business district in North St. Louis, Missouri. They have already applied to the city's Land Reutilization Authority (LRA) to purchase over 8 city blocks equivalent to 283 lots in the area for Black-owned businesses to thrive.

August 8, 2020

Founder of College Care Club Launches ‘The People’s Box’ Powered by Black-Owned Businesses

Kamry Selley, founder of a Black-owned subscription-based care kit provider called College Care Club

Kamry Selley, the female founder of a subscription-based care kit provider called College Care Club, has announced the launch of her company's individual box called The People’s Box featuring items from Black-owned businesses.

August 7, 2020

Black Founder Launches Online Learning Academy With International Affiliates

Christopher Kelly, founder and CEO of Onyx Global

Christopher Kelly, founder and CEO of Black EdTech startup Onyx Global, has launched The Onyx Learner Academy. This world-class digital educational experience teaches people how to learn efficiently & effectively for the rest of their lives.

Woman Entrepreneur Investing $1M to Buy Up Properties in Southside Atlanta

Valaurie Bridges Lee, entrepreneur investing in Atlanta's south side

Serial entrepreneur, Valaurie Bridges Lee, has joined a host of other Black business owners that are investing in the development of Atlanta’s south side. In particular, she is bringing new life to Main Street in historic College Park. In fact, she has already purchased a series of adjacent properties with plans to make it a premier destination for unmatched service and unforgettable experiences.

Helpful Resources:

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...]

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...]

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...]

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...]

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...]