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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 19, 2021

Teen Entrepreneur to Whom Diddy Gave $25K Grant Opens 2nd Store

Trey Brown and P. Diddy

Trey Brown, a 15-year old CEO who was awarded a $25,000 grant from music mogul and entrepreneur Diddy, has opened the 2nd store of his own clothing line called SPERGO.

June 18, 2021

How Two Black Entrepreneurs Made Their First Million Out of Their Apartment Home

Joseph Evans and Brandon Patton, founders of Evan Alexander Grooming

A small apartment turned into more than living quarters for two homegrown entrepreneurs. It was the setting for a million-dollar enterprise that today is changing how Black men groom and view self-care. Evan Alexander Grooming is now an inspiring movement towards empowerment and confidence with the underlying message that dreams are attainable for Black entrepreneurs, but let’s rewind to the start.

June 17, 2021

Meet the CEO of the Newest Black-Owned Credit/Debit Card Processing Merchant Services Business

Oscar Dais, CEO of Unity Merchant Services

Oscar Dais, the CEO of Unity Merchant Services, a Black-owned credit/debit card processing business says that his company strives to give back to the community of professionals with similar interests. Their dedicated team brings an in-depth understanding of card processing services, constantly changing technology, and cash management to serve Black and Brown business owners who may be facing merchant service challenges.

June 16, 2021

First Black-Owned Bottled Water Brand to Be Available For National Wholesale Distribution

Lee Putney, founder Ase Water

Meet Lee Putney, Sr., the founder of Asé Water, the all-natural brand of alkaline water that is now the first 100% Black-owned brand of bottled water to be available nationally for wholesale distribution. The concept was launched by a team of African American executives in 2017 to counter what many felt to be a lackadaisical response to a catastrophic health crisis in Flint, Michigan.

June 15, 2021

8-Year Old CEO Launches “My Friend” Plush Line, Empowers Brown Boys Through Representation and Positive Affirmations

Lil Dee, CEO and founder of Our Brown Boy Joy

Recently, featured on the Kelly Clarkson Show, Lil Dee is an eight-year-old CEO who does not let his age get in the way of spreading positivity and building the confidence of brown boys in Ohio and beyond. Inspired to make a difference and drive positive social change, he created his own company, Our Brown Boy Joy, to inspire and empower brown boys across the country and let them know just how special they are. Lil Dee and his team are excited to announce the launch of the “My Friend” plush line, plush dolls designed to be both a tool and toy that helps brown boys see themselves positively.

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 4, 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. 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.

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...]