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Driving prosperity: How Black-owned businesses fueled recent economic growth
Editor’s note: This report was updated on March 26, 2025, to reflect the accurate figures for the amount of revenue Black businesses added to the
Inside the Largest Black-Owned Bank Merger in U.S. History
Here are the stats you must remember: $1.3 billion. Ten locations across North and South Carolina. One historic merger. Two notable southern banks, Optus and
The big economic impact of black-owned small businesses
February is Black History Month, honoring the legacy of Black Americans and their vast contributions to American society. African Americans have contributed greatly to the
Funding Black-owned businesses facts and statistics
Key takeaways Black-owned businesses in the U.S. employ more than 1 million Americans. Studies show that Black entrepreneurs face more challenges than their white counterparts
Blapp: The App Connecting People To Black-Owned Businesses Nationwide
Blapp is changing the way Black-owned businesses connect with their communities and attract new clientele. Blapp: Bridging the Gap for Black-Owned Businesses Jon Laster, a
Black-owned business loses Blue Angels contract after more than four decades serving the Navy
Pensacola’s Sewing Box says it was not notified before the Navy awarded a new contract to another company. After dressing the U.S. Navy’s Blue Angels
FLAGS USA – Women-Owned, Family-Owned, and Black-Owned Company – Office of Advocacy
by Region 5 Advocate, Darryl DePriest There were roughly 12 million women-owned businesses in 2017. According to an Office of Advocacy study, the demands on
Why don’t more Americans work for Black-owned firms? Implications for increasing well-being
Summary Black Americans hold much less wealth than white Americans and other groups, as noted in benchmark data from the federal government.1 Business ownership plays
7 Black-Owned Business Grants To Help You Thrive in 2024
1. Power Forward Small Business Grant For: Black-owned businesses in New England Grantor: Boston Celtics United, VistaPrint and NCAAP Amount: $25,000 The Power Forward Small
U.S. Cities With The Most Black-Owned Businesses
The African American community is no stranger to entrepreneurship. According to the U.S. Small Business Administration, Black Americans own 3.5 million businesses, employing over 1.2 million