Blackowned
The owner of Marcus Book Store, the oldest Black-owned bookstore in the U.S., talks with her employee about a shop display in Oakland, California, in December 2021. (Amy Osborne/The Washington Post via Getty Images) More than one-in-five Black adults in the United States say owning a business is essential to financial success, according to a […]
HOUSTON — The smell of a flat iron and the sound of clippers, words of wisdom and belly-deep laughter — beauty salons and barber shops have long been a sacred space for Black women and men to commune about everyday life. For 109 years, one family has been investing in that space through the Franklin […]
Courtesy of photo Tru Pettigrew Minnesota Timberwolves fans have until the end of March to check out Northside Black-owned local businesses and organizations. The Community Cultural Experience Tour, a partnership between the NBA franchise and U.S. Bank, was launched earlier this month to highlight local talent, businesses, and organizations and create more awareness and education […]
Black-owned businesses also have greater representation in enterprises dealing with transportation and warehousing, and less representation in retail trade, construction,
Venture capital funding for African American-owned startups plummeted in the U.S. last year, with metro Atlanta seeing one of the worst declines, according to data released Thursday by data firm Crunchbase. VC funding for Black-owned businesses fell 71% nationally in 2023 compared to 2022. In the Atlanta area, such funding declined by 79%, Crunchbase found.
Creating and supporting more Black-owned businesses is one step to reducing the racial wealth gap in the US, according to a new study. Around 70% of Americans work for small businesses that employ people in their communities. And while
North Dakota small business owners are some of the strongest, most creative, and resilient people you will ever meet. In recent years, our small business community has weathered a global pandemic, persistent supply chain issues, sometimes volatile prices, and a tight labor market. Black-owned businesses in our state have faced disproportionate impacts from these pandemic […]
In New Orleans, a city rich in history and culture, a father-son duo is working to make the future wealthier for all.Alden McDonald Jr. says he didn’t come from money but was rich in other ways.”I developed a lot of skills, working skills and personal skills back then because we had to hustle. We had to […]
Family behind largest Black-owned bank in US hoping to share the dream Elk Valley Times Source link
In New Orleans, a city rich in history and culture, a father-son duo is working to make the future wealthier for all. Alden McDonald Jr. says he didn’t come from money but was rich in other ways. “I developed a lot of skills, working skills and personal skills back then because we had to . . […]