Gwen Jimmere, founder and CEO of Naturalicious and the first Black woman to own a patent for a natural hair care product, is making history again as one of the first to launched a Black-owned hand sanitizer brand.
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May 25, 2020
Black Woman Entrepreneur Now Manufacturing Her Own Line of Hand Sanitizer
Gwen Jimmere, founder and CEO of Naturalicious and the first Black woman to own a patent for a natural hair care product, is making history again as one of the first to launched a Black-owned hand sanitizer brand.
May 24, 2020
Naomi Osaka Becomes Highest Paid Female Athlete in History After Earning $37M Last Year
22-year old tennis star Naomi Osaka is now the highest-paid female athlete in history, according to Forbes. She reportedly earned $34.7 million over the last 12 months from prize money and endorsements, setting a new all-time record for a female athlete that broke the previous record of $29.7 million Maria Sharapova earned in 2015.
May 22, 2020
Couple Opens New Black, Veteran-Owned CBD Store Offering Natural and Holistic Products
Radio show personalities Nikki "The Yin" and Antonio "The Yang" Carrington have launched their new company, Burning Bush Oils, and are already experiencing overwhelming success in the ever-growing realm of CBD. As users and believers of CBD, they did not know of anyone who looked like them who they could turn to get quality products or even ask the questions which matter to those in need.
May 21, 2020
Entrepreneur Helping Qualified Black Business Owners Get Access to SBA (7a) Loans
Dr. David Doriscar, CEO and founder of Doriscar Capital Group, specializes in helping qualified Black and minority-owned businesses get access to SBA 7(a) loans of up to $5 million. His company explores alternative funding sources that meet business owners' needs, and they also answer frequently asked questions, and offer valuable guidance along with practical solutions.
28-Year Old Makes History as Young Black CEO at Leading Environmental Tech Firm
Adam Roosevelt, a 28-year old politician, combat veteran, environmentalist, homeland security, and defense entrepreneur makes history as one of the first African American pioneers to be selected to lead SEM North America Inc. a leading company in disruptive environmental technologies with a global footprint.
Meet the Black Woman Entrepreneur Whose Dad Trained Her to Be a Carpenter
Adzigbli "Nana" Ama Comfort, a furniture architect and designer from Ghana, has become famous for her skills and creativity in the field of carpentry - a male dominated industry. Her dad trained her before he died, and now she is the CEO and founder of Namas Decor GH - one of the fastest growing furniture design shops in the world!
May 20, 2020
United Airlines Hires First Ever African American President
Meet Brett J. Hart from the southside of Chicago. He is the first African American to become President of United Airlines in the airline's 94-year history. Launched in the year 1926, United Airlines has grown to become one of the largest airlines in the world with over 4,900 flights a day to 362 airports across six continents.
| 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...]
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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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