Wellness hub, opening in Evanston, aims to nurture small Black-owned businesses
Exciting developments in Evanston are paving the way for innovation and community support! The AUX, a wellness hub dedicated to nurturing small Black-owned businesses, is set to open its doors this Saturday in a newly renovated space that once processed vegetables. This 16,500-square-foot center embodies the spirit of community and connection, proving that entrepreneurial dreams […]
Black Leaders Detroit to embark on ‘Ride for Equity’ to uplift once-thriving districts
🚴♂️ Exciting news for those passionate about community engagement and entrepreneurship! Black Leaders Detroit is launching its fifth annual Ride for Equity on May 31, embarking on a transformative 1,645-mile journey from Tulsa, Oklahoma, to New York City. This ride honors the legacy of Black Wall Street and aims to raise funds for Black entrepreneurs […]
Black Wall Street Augusta launches to boost Black-owned businesses
Exciting news for the local community! Black Wall Street Augusta is officially launching a designated Black business district aimed at fostering the growth of Black-owned businesses. This initiative celebrates the rich legacy of African American entrepreneurship while driving economic development in the area. The district will cover parts of Walton Way, Laney Walker, Broad Street, […]
Trump’s tariffs ‘really hurting’ small, Black-owned businesses in Chicago
It’s concerning to see how economic policies, such as tariffs, disproportionately impact small, Black-owned businesses, as highlighted by Bill Cooper of Inline Designs. As he navigates these challenges, many others in similar positions are hit hard by increased costs and shifting market dynamics. With only 2.8% of Chicago’s employer businesses being Black-owned, the disparity in […]
Tulsa’s 1921 Awards support Black entrepreneurs, honor Black Wall Street
✨ Exciting news for Tulsa’s entrepreneurial community! The 1921 Awards have announced funding for eight Black entrepreneurs, providing nearly $3,800 each. This initiative, organized by Build in Tulsa in collaboration with the nonprofit 1921 Sankofa, honors the legacy of Black Wall Street and aims to uplift business owners committed to community impact. As we celebrate […]
Consumer Boycott Against Target Extended Despite The Retailer Saying It Will Fulfill $2B Commitment To Black-Owned Businesses
The ongoing consumer boycott against Target, led by Rev. Jamal Bryant, highlights the repercussions of the retailer’s decision to retract its diversity, equity, and inclusion commitments. Despite pledging a $2 billion investment in Black-owned businesses, Target has faced significant backlash, with a substantial drop in both foot traffic and stock value. This situation underscores the […]
Beyoncé fan and Black business owner hopes cowboy hats become wardrobe staple
🌟 Exciting news from the world of fashion and music! 🌟 With Beyoncé’s highly anticipated “Cowboy Carter” tour on the horizon, interest in cowboy hats is on the rise—especially for Black-owned brands. Enter Mercedes Matz, a Chicago entrepreneur and passionate Beyoncé fan, who recently launched her handmade leather hat brand, Maya James. 🧢✨ Mercedes’s hats, […]
Radical resistance: Honoring the ancestors who saved their way to freedom
🌟 Celebrating Our Roots and Financial Empowerment 🌟 This National Financial Literacy Month, let’s take a moment to reflect on the incredible resilience and resourcefulness of our ancestors. Many African Americans, against all odds, saved their pennies and purchased their freedom. Their stories remind us that economic empowerment is a crucial part of our legacy. […]
Black entrepreneurship’s role in closing the racial wealth gap
Closing the Racial Wealth Gap Through Black Entrepreneurship Closing the Racial Wealth Gap Through Black Entrepreneurship As we celebrate the growth of Black entrepreneurship this Juneteenth, it’s important to recognize the profound impact that Black-owned businesses can have on closing the racial wealth gap in the United States. Recent data reveals that the racial wealth […]
Why Buying Black Is Not Enough, The Importance Of Black-Owned Banks
The Importance of Black-Owned Banks: Beyond Buying Black In an era where visibility for Black-owned businesses is on the rise, the movement to “Buy Black” is gaining traction across various communities. But as we celebrate diverse Black entrepreneurship, it is crucial to recognize that supporting these businesses alone is not sufficient. A fundamental piece of […]