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News, Resources & More For and About Black-Owned Businesses |
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Meet Gerald Baptiste, the founder and owner of Eagle Eye Resources, a Black-owned construction company that is working diligently to restore our economy and instill a sense of normalcy in the United States. With the deployment of an air purification technology called photocatalytic oxidation (PCO), Gerald is doing his part to reduce the transmission of the coronavirus.
In 2019, Shaun Corbett made history as an ex-felon turned entrepreneur from North Carolina who opened Lucky Spot Barbershop, the first Black-owned barbershop inside a Walmart store. Now, he is making history again with the opening of two additional barbershops in two other Walmart locations. He is the first African American to accomplish this.
Gretta Jackson, who worked as a part-time server at an Outback Steakhouse restaurant for almost 20 years, is now the owner and managing partner of one of the company's franchises in Roseville, Michigan. She is the first Black woman to own an Outback Steakhouse in the Detroit area.
Chiquita Brooks-LaSure has been chosen by President Joe Biden to lead the Centers for Medicare and Medicaid Services. This means that she will become the first Black woman to serve as the agency's administrator once confirmed by the Senate. The national health insurance program spends almost $600 billion to $700 billion dollars a year on healthcare for it's members.
Many nonprofit organizations never reach their full potential due to the lack of funding. As a result, Derrick Hill, CEO of HillChase LLC, offers his newest course that enables nonprofits to rapidly increase their revenue, have maximum impact, and sustainable growth.
Dana Delane-Williams, founder and CEO of American High School, is committed to assisting other Black educators in establishing their own online/virtual schools. She recently made history as the first Black woman in the country to create an online virtual school for grades K-12. She holds a bachelor’s degree in Computer Information Systems from Georgia State University and a master’s degree in Business Administration in Aviation from Embry-Riddle Aeronautical University.
FÜ Lifestyle is the newest Black woman-owned accessories brand designed by fashion designer Eva Moore for modern progressives. With its debossed FÜ logo print, the brand’s Lifestyle bag is a bold statement for the fashion-forward and progressive-thinking alike.
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| 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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