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Welcome to the #1 Online Resource for Black-Owned Businesses! Our news site empowers Black entrepreneurs and CEOs by promoting relevant news, success stories, and other valuable resources that stimulate entrepreneurship in African American communities. Check the latest news below:

June 14, 2021

Black Woman Founder of Hangover Recovery Drink Making History, Being Eyed By Coca-Cola

Lia Lee, founder of Unlit beverages

Meet Lia Lee, the founder of UNLIT™, an all-natural, vegan, hangover recovery beverage line that uses superfood ingredients to detox and restore your body. Just recently, her company was selected as a semifinalist in the BevNET 2021 New Beverage Showdown, a pitch competition hosted by Venturing and Emerging Brands (VEB) - the Coca-Cola business unit that identifies and develops a portfolio of brands with billion-dollar potential.

June 7, 2021

This Black-Owned Plant-Based Ice Cream Brand Now Delivers Straight to Your Door

Dwight Campbell and Nicole Foster, founders of Cajou Creamery

Cajou Creamery, a plant-based handcrafted ice cream brand founded by Chef Dwight Campbell and his wife Nicole Foster, is now shipping its products nationwide. Based in Baltimore, Maryland, they are the nation's fastest-growing Black-owned dairy-free ice cream brand with exotic flavors like baklava, Mexican cacao, and sweet potato pie.

June 3, 2021

Founder of Black-Owned Podcast Network Launches Newly Designed Mobile App to Over 3 Million Users

Bennie Randall, founder and owner of Bshani Radio

Meet Bennie Randall, the mastermind behind Bshani Radio which has been named as one of Feedspot.com’s Top 20 Independent Podcast Networks. Just recently, Bennie has proudly launched a new version of the company’s mobile app for iPhone and Android devices. Users can get the app for free from the company’s official website or download it directly from the Google Play Store and Apple's iOS App Store.

May 30, 2021

Introducing Britain's First Ever Black Billionaire

Strive Masiyiwa, first Black Billionaire in Britain

Strive Masiyiwa, a 60-year old Zimbabwe-born telecommunication tycoon who moved to London in 2010, has officially been named as the UK's first Black billionaire, according to the Sunday Times' Rich List. He also serves as the African Union's special envoy helping secure COVID-19 vaccines for various countries throughout the continent of Africa.

May 26, 2021

19-Year Old HBCU Student Opens Vegan Bakery in Washington, DC

Chanice McClover-Lee, founder of Baked By Chanice

Chanice McClover-Lee, a 19-year old Black woman who is a student at Howard University, has opened her own vegan bakery called Baked by Chanice in Washington, DC that offers gourmet vegan treats such as cookies and custom cakes.

May 25, 2021

Meet the Black Woman Helping Entrepreneurs Open Franchise Businesses at No Cost

Tamika Franklyn, founder of Precision Franchise

Tamika Franklyn, founder and CEO of Precision Franchise, is the owner of one of very few Black woman-owned franchise brokerages in the nation. 77% of franchise business owners are white males, but Tamika aims to change this by providing knowledge, resources, and access to people of color. She has created a strategic path for entrepreneurs to find and secure proven business models at no cost to them.

May 20, 2021

Woman Entrepreneur Debuts the First Ever Black-Owned Plant Fertilizer Brand

Alexis Sims, founder and CEO of Leaf Me

Alexis Sims, founder and CEO of Leaf Me, an online houseplant boutique, has announced her biggest accomplishment yet since she launched back in March 2020. Her company has just released the first-ever Black-owned plant fertilizer brand. It's called The Growth Elixir.


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...]