Black Business News | Top Black-Owned Businesses

Thursday, August 15, 2019

Black-Owned Tech Company Invents Revolutionary Device to Help Manage Diabetes

Figgers Health Releases Its SMART Gluco 2 Wireless Monitoring System With Bluetooth

Freddie Figgers, founder of Figgers Health Systems, has released a one of a kind SMART glucose meter that allows for real-time accountability and monitoring with just one simple touch. Compatible with iOS/iPhone and Android systems, this FDA approved and patent pending device gathers information from test results and immediately uploads to the EHR (Electronic Health Records) for real-time, patient centered records (making information available instantaneously and securely to authorized users). This device, is the most accurate glucose meter on the market today! The entire unit with strips can be purchased directly from the company’s website at FiggersHealth.com or ordered through his/her primary care physician.

Wednesday, August 14, 2019

Meet the Car Mechanic Who Just Shifted Gears to Become a Medical Doctor at Age 47

Carl Allamby, car mechanic turned medical doctor

For over 25 years, Carl Allamby ran his own auto repair business until 4 years ago when he decided to switch careers and began studying to become a doctor. Now, at 47-years old, he just graduated from medical school and hopes to inspire more young Black people to become doctors as well!

Tuesday, August 13, 2019

This 25-Year Old Turned Down $4.4M and Now Her Company is Valued at $7.3M

Chaymeriyia Moncrief, founder of Tesix Wireless

Based in the heart of Alabama, Tesix Wireless, a fast growing Black-owned telecommunications firm, wants to provide more flexibility and feature pack plans by eliminating everything millennials hate about their wireless plans and delivering more of what they want, and this even includes zero fees and taxes.

Monday, August 12, 2019

24-Year Old Entrepreneur Launches First Black-Owned Delivery Service

David Cabello, a 24-year old entrepreneur, is making history with the launch of his own business called Black and Mobile, the first Black-owned delivery service in Philadelphia. What's more, it is the first of its kind in the whole country to focus on supporting and promoting underrepresented businesses as they exclusively deliver orders from Black-owned restaurants.

Friday, August 9, 2019

Black Consumers and Sellers Gear Up For Historic We Buy Black Convention

The second annual event plans to honor the enslaved Africans who arrived in 1619, and reclaim the power of Black commerce.

Attendees and founders of We Buy Black convention

This August marks 400 years since the first Africans reached the shores of Jamestown, Virginia where they were auctioned for sale as slaves. In remembrance of this historic event, one millennial entrepreneur is planning a different kind of sale - one that he hopes will impact the next 400 years of African-American history.

Thursday, August 8, 2019

Founder of Black Male-Owned Bridal Boutique Making History in a Female-Dominated Market

Steve Larkin, founder of Remi Raine Bridal in Chandler, Arizona

Remi Raine Bridal was founded and created by Steve Larkin in Chandler, Arizona. Perhaps the only African American male boutique owner in the United States, Steve has made his business a family-owned enterprise named after his two granddaughters Mia Raine and Remi Sophia. He prides himself being a male in a female dominated market, and he works extremely hard blazing a trail as the new kid on the block.

Tuesday, August 6, 2019

Meet the Black Lawyer Who Refuses to Cut His Locks to Make His Colleagues Feel Better

Marcus Shute Jr., a 34-year old lawyer from Nashville, raised a few eyebrows when he decided to grow his locks in 2002. But he still refuses to cut his hair in hopes to make a point that his personal appearance should not affect his professional career! In fact, Shute is a well sought-after lawyer and he runs his own law firm in Nashville, Tennessee.

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...]