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News, Resources & More For and About Black-Owned Businesses |
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Former NBA star, Shaquille O’Neal, knows a lot about basketball, but he's also showing the world that he knows a thing or two about athletic footwear. He has proven his success by selling millions and millions of pairs of affordable shoes for kids at Walmart.
8-year old Zoe Oli is on a mission to inspire self-love and confidence in young girls of color with her company, Beautiful Curly Me. She has created a line of Black dolls with curls and braids, hair care products, and authored two books, all within the past two years. Her company gives 10% back to girl empowerment organizations and is launching a Gift-A-Doll program this holiday season.
A group of Black entrepreneurs from Atlanta decided to surprise several grocery shoppers at a local Kroger by taking over the cash registers to pay for their groceries. They say that they are glad to be able to give back to the community in that way.
Daily sales of Patti LaBelle’s sweet potato pies continue to soar at Walmart even five years after they first went viral. According to Food & Wine, the world's largest retailer is selling more than 36,000 of the pies every day. That's the equivalent of 1,500 pies every hour or about 25 pies per minute.
Comedian Dave Chappelle is calling for his fans to boycott his own show Chappelle's Show after revealing that ViacomCBS is licensing his show without paying him anything. He posted a video on Instagram asking his fans not to stream the show until he receives due compensation.
Noah and Treandos Thornton, who are only 5 and 8-years old, are already CEOs of their own company called T&N Bow Ties and Apparel. The Thornton family sells their bowties to raise money to buy foods and toys for children in need.
Tyshan Edwards, who has 17 years of experience in branding as the founder and CEO of 24Media, a brand and marketing agency, has relaunched his company as 24 Brandhouse. With the new launch, he is focused on a global expansion over the next three years with a particular emphasis on helping Black-owned businesses across all industries become global brands.
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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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