Black Business Logo News & Inspiration For and About Black-Owned Businesses
Home News/ Blog Events Publications Organizations Grants/ Funding

Search results for Finance & Investing:
Showing posts with label Finance & Investing. Show all posts

March 28, 2022

Meet the 2 Women Giving Black-Owned Businesses a Winning Edge Through Free Digital Marketing Training

Danielle McGhee and Tee Wilson of Black Business Boom

Danielle McGee, the founder and CEO of a social entreprise called Black Business Boom, and Tee Wilson, the company's Creative Director and Chief Marketing Officer (CMO), have formed major partnerships to launch a training initiative that provides entrepreneurs with the strategies and services to not just survive but thrive in today's digital economy.

March 11, 2022

Black Mompreneur Gives Her 16-Year Old Son Three Homes and $10K to Teach Him Business

Charlise Freeman and her son

Charlise Freeman, a single mother and an entrepreneur from Cleveland, Ohio, gifted her son three properties and $10,000 cash for his 16th birthday to help set up his generational wealth. A video she posted of the moment when she surprised him has since gone viral has been well-praised by people on social media.

March 4, 2022

Two Cousins Launch Black-Owned Academy and Entrepreneurship Bootcamps to Help 10,000 Minorities Start a Business

Dovev Weaver and Elliot Martin, founders of Closer To Our Dreams LLC

Meet Dovév Weaver and his cousin, Elliot Martin, the co-founders of Closer To Our Dreams LLC, a business development and marketing consulting company based in St. Petersburg, Florida, that is on a mission to help 10,000 aspiring Black entrepreneurs successfully launch a business this year. Their company will be mentoring and coaching success-oriented individuals for 12 weeks through their Dreams to Reality Academy, and also taking their entrepreneurship bootcamps to ten states across the country.

February 9, 2022

Founders of Black-Owned Plant-Based Food Manufacturer Close $6M Series A Funding Round

The investment round will fuel their revolutionary, plant-based food company’s rapid expansion.

Duane Myko Cheers and Danita Claytor, founders of Everything Legendary

Meet Duane “Myko” Cheers and Danita Claytor, the co-founders of Everything Legendary, a Black-owned plant-based food brand with legendary flavor, that have just closed $6 million dollars in Series A funding. The round was led by CircleUp Growth Partners with additional investments from the venture capital arm of General Mills, 301 INC, and Mark Cuban. Also, International Entrepreneur and Record Executive, Russell Simmons joined the all-star team as a Senior Advisor.

January 17, 2022

Black Entrepreneurs Raise $1.4M for New Plant-Based Hair Startup

Founders of Rebundle

Meet Danielle Washington and Ciara Imani May, the founders of Rebundle, a St. Louis-based Black-owned startup that creates and sells plant-based hair extensions. They have recently raised $1.4 million in a pre-seed round and the funds will be used to invest in the startup's supply chain to meet the high demand for the products.

January 11, 2022

Black-Owned Animation Studio Secures $500K Deal on Shark Tank With Kevin Hart and Mark Cuban

Founders of Black Sands Entertainment on Shark Tank

Black Sands Entertainment, a Black-owned comic publishing house and budding animation company founded by married couple Manuel and Geiszel Godoy and their associate, Teunis De Raat, were able to successfully close a $500,000 deal with comedian Kevin Hart and serial investor Mark Cuban on a recent episode of Shark Tank.

November 24, 2021

Two Siblings Become First Black Women in Kansas to Raise $1M in Capital

Founders of QuickHire

Deborah Gladney and Angela Muhwezi-Hall, two sisters who founded an innovative career development platform called QuickHire, have raised more than $1 million in funding for the startup. They are the first Black women in the state of Kansas to ever achieve this.

November 10, 2021

15-Year-Old and His Mom Land $300K Deal on Shark Tank With Daymond John

Trey Brown and his mom on Shark Tank

Trey Brown, the 15-year old founder and CEO of clothing brand Spergo, recently pitched his business idea on Shark Tank and inked a deal with businessman and investor Daymond John for $300,000.

October 27, 2021

11-Year Old Black Entrepreneur to Teach Financial Literacy in His Newly Acquired School Bus

Caden Harris has purchased a 54-seat passenger bus and is now raising funds to convert it into a mobile financial literacy center that will visit schools and create a money educational experience for young people.

Caden Harris

At just 11-years old, Caden Harris from Atlanta, Georgia, has already amassed a wealth of knowledge. His supportive parents nurtured his natural gifts and helped him launch his first business at seven years old. They encouraged him to write his first book by age eight. Caden recently purchased a 54-seat passenger bus that he is raising funds to convert the bus into his financial literacy traveling mobile unit to visit schools and create a money educational experience for area youth.

September 12, 2021

Black-Owned Company, Novae, Named One of Inc. Magazine’s Fastest Growing Companies in America

Novae team

It’s been a big year for Novae, LLC, the first Black-owned FinTech company to offer 'Buy Now Pay Later' services for small businesses nationwide. In July, the company was recognized by Black Enterprise and Yahoo Finance, and the company’s CEO, Reco McCambry was named to Marquis Who’s Who in America and Who’s Who in Business and Finance over the summer. And earlier this year, Mr. McCambry received a proclamation naming January 19th Mr. Reco McDaniel McCambry Day in his hometown of McDonough, Georgia for his business accomplishments and contributions to the community.

August 30, 2021

Rapper Young Thug to Build His Own City on 100 Acres of Land in Atlanta

Young Thug

Rapper Young Thug plans to build his own city with the 100 acres of land in Atlanta that was gifted to him by his manager Geoff Ogunlesi when he turned 30-years old.

August 2, 2021

The First Black-Owned FinTech Company to Offer 'Buy Now Pay Later' Services to Small Businesses Nationwide

Founders of Novae LLC

Meet the founders of Novae LLC, the first Black-owned fintech company to offer Buy Now, Pay Later services to online and offline merchants under the brand Novae Financing. CEO Reco McCambry believes that these services — which are designed to fight inequality faced by minority entrepreneurs by drastically increasing sales for these partner merchants — are the first of their kind.

July 19, 2021

Meet the HBCU Grad Who Just Bought the TV Station Where She Once Worked as an Intern

April Ross, reporter turned TV station owner

Meet April Ross, an HBCU graduate of Alabama State University who is now the owner of WJCN TV-33, a local television station based in LaGrange, Georgia. As an entrepreneur, she is especially proud of her success because she used to work at the same station as an intern!

July 15, 2021

Gayle King Surprises 14-Year Old Black CEO With $50K Investment

Gabby Goodwin, a 14-year old girl from Columbia, South Carolina who is the CEO of and founder of GaBBY Bows, is extremely grateful after receiving an investment worth $200,000, of which $50,000 is from broadcast journalist Gayle King.

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.

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 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 11, 2021

Founder of Black Woman-Owned Streaming Network on a Mission to Raise $15M From Investors

Regina D. Braggs, founder and CEO of Applause Network TV

Regina D. Braggs, Founder and CEO of Applause Network TV, Inc., is raising $15,000,000 with a Reg D 506 (c) through accredited investors. Incorporated in 2010, Applause Network TV has been providing streaming services consisting of original videos, live shows, and on-demand content created by a talented production team and Board of Directors with 40+ years of combined experience.

May 10, 2021

Meet the Owner of the First Ever Black-Owned 7-Eleven Store in Las Vegas

Johnathan Lacy, owner of Black-owned 7-Eleven

30-year old Johnathan Lacy has made history as the first-ever African American owner of a 7-Eleven franchise in the state of Nevada and in the city of Las Vegas. He says that he was able to do it with his own money and without any other investors!

May 4, 2021

Meet the Black Women Raising Capital to Roll Out Six New Vending Machines That Sell Footwear

Dawn Dickson and Danielle Shortt of Flat Out of Heels

Two entrepreneurial Black women — Dawn Dickson-Akpoghene, founder, and Danielle Shortt, CEO of Flat Out of Heels — continue to make history in technology and innovation. Their company, which uses advanced automated retail technology to sell stylish, machine-washable flats from innovative vending machines, is now raising at least $250K in capital to support the rollout of six new machines to scale operations.