Black Business News | Directory of Black-Owned Businesses

July 31, 2020

13-Year Old Launches Her Own Hair Care Collection Called Superfood For Kinky Curly Hair

Sky Bynum, 13-year old founder of Kakebi hair care products

When 13-year old entrepreneur Sky Bynum from North Brunswick, New Jersey realized that her natural hair had amazing results when she used some of the top superfood ingredients such as pumpkin oil, ginger, rosemary oils, she decided to launch her own hair care collection called Superfood for Kinky Curly Hair. Now, women all over the world are able to benefit from chemical-free products that truly moisturize and strengthen curly kinky hair with amazing results.

July 30, 2020

Black-Owned Cognac Brand Returns with a New Look to Celebrate Black Excellence

After a highly successful launch that left shelves bare, Rivente' Cognac has fully restocked with a more refined look, feel, and message. Their Juneteenth release was both intentional and symbolic as the brand encourages cognac lovers to have it "Your Way" while envisioning a "New American Dream."

12 Black Women Become Published Authors After Completing Unique Signature Program

Twelve Women of Color Impart Stories of Healing, Hope, and Survival

12 women of color authors who completed the T.A.L.K. Publishing program

In a historic feat, twelve women of color are now published authors after completing T.A.L.K. Publishing’s signature program, MyAuthorLab. The 90-day program serves as a creative incubator for individuals who aspire to share their story — raw yet refined.

July 29, 2020

Entrepreneurs Kick Off National Campaign to Fund Black Businesses and Bridge the Black Wealth Gap

The 10K Project is an economic movement to create a 100% Black-owned crowdfunding platform

Cheree Warrick, a co-founder and CEO of The 10K Project

As part of a national movement to bridge the Black wealth gap, a group of entrepreneurs has launched The 10K Project™ - a 100% Black-owned equity crowdfunding platform to create a new generation of Black businesses.

July 28, 2020

HBCU Grads Launch Vegan Burger Company With Nationwide Delivery

Everything Legendary, a Black-owned vegan burger company co-founded by 3 friends who graduated from Historically Black Colleges and Universities, has been creating flavorful yet healthy alternatives to meat products since last year. To serve more people amidst the pandemic, they switched to e-commerce and began delivering plant-based burgers nationwide.

July 27, 2020

Black Entrepreneur on Fast Track to Becoming a First Generation Millionaire

Tristan Herbert “Art” is a self-taught celebrity artist who pummeled his way into the art world by virtue of the internet. As a budding entrepreneur currently overseeing three separate operations and having ownership in two additional corporations, Herbert uses social-media sites to get his designs in front of the public.

July 24, 2020

These 91 Black-Owned Businesses Worked Together to Generate $49M in Sales in One Year

Traffic Sales and Profit mastermind cohort proves that Black-owned businesses can thrive despite the COVID-19 crisis.

Black business owners and members of Traffic Sales and Profit

Traffic Sales and Profit (TSP), a powerful network and Facebook group of almost 14,000 purpose-driven African American entrepreneurs, has announced that 91 of the Black business owners in their tribe have worked together to collectively generate $49 million in sales within just one year (from July 2019 to July 2020). Led by its founder, Lamar Tyler, the members of TSP are owners of everything from brick-and-mortar stores to e-commerce brands to service and product-based businesses.

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...]