Meet Utlwanang Mmeti, a 17-year-old student from South Africa who is the founder and CEO of his very own sneaker brand called Dapper Shooz.
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News & Inspiration For and About Black-Owned Businesses |
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August 3, 2022
HBCU Student Once Abducted From Campus Now Owns a Thriving Black-Owned Real Estate Firm
During her sophomore year at college, Lisa Grant was abducted at gunpoint near a female dorm at Hampton University in Virginia. As the perpetrator asked for directions, he forced her into the car, held a gun to her head, and drove off campus. Lisa pled for her life and jumped out of the moving car onto a busy highway.
July 25, 2022
Mom and Daughter Open 2nd Black-Owned Apparel Store in Century City Mall, 5 Minutes From Beverly Hills
Entrepreneurs Lakeisha Jackson and her daughter, Katelyn, the owners of lifestyle athleisure brand SGH (Sweat. Grind. Hustle) Apparel, have made history again with the opening of their second apparel store. This time, their newest location is located at Westfield Century City Mall in Century City, California just five minutes away from Beverly Hills.
July 21, 2022
Husband and Wife Open Newest Black-Owned Cutting Edge Beauty and Wellness Store in Hollywood, Florida
Stacey and Martin Clarke have long used their sales and business development skills to help clients create successful companies across South Florida. Now the husband and wife team have used their expertise to work for themselves as the new owners and operators of Asili Beauty and Wellness store located in Hollywood, Florida, where they offer cutting-edge, sustainable, carbon-neutral beauty and wellness products from around the world.
July 11, 2022
Former Intern is Now the Owner of San Diego's Only Black-Owned Chick-fil-A Restaurant
Amber Thomas, who was an intern at Chick-Fil-A just five years ago, is now the owner of her very own Chick-Fil-A restaurant franchise in her hometown of Spring Valley, California, a suburb of San Diego.
July 10, 2022
Meet the Formerly Homeless Mom of Two Who is Now the CEO of 8 Successful Companies
Janay White, affectionately known as “The GOAT” of entrepreneurship is the CEO of eight successful companies including J White Enterprises. A mother of two from Jacksonville, Florida, Janay cultivates and creates opportunities for individuals to attain financial freedom and become prosperous in generational welfare.
July 6, 2022
HBCU Grad Makes History, Acquires Fuddruckers Brand and All 92 Restaurants For $18.5 Million
Nicholas Perkins, a graduate of both Howard University and Fayetteville State University, has made history as the new owner of the international Fuddruckers restaurant brand. He was formerly one of the company's largest franchisees, but now has full ownership of all 92 of the company's restaurants in the United States, Canada, Panama, and Mexico.
| 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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