While justice-demanding protests and Instagram blackouts have taken center stage this week, if change is going to happen, support of the Black community can't stop there. Black Americans, just as we did 400 years ago, spend more time arguing and justifying separate goals than we do working on common goals. Black consumers wield an enormous amount of purchasing power, yet Black women have received only0006 percent of the $424.7 billion raised in venture capital since 2009.
From graphic designers advising a Black skin-care brand against using a Black woman in the logo, to realtors who feel they have to omit their pictures from For Sale" signs, many Black business owners feel pressured to hide who they are to be seen as capable of providing quality products and services.
Lauded by Forbes, the White House, CNN, and the World Economic Forum, the organization now works with over 1,000 entrepreneurs per year across six cities in New Jersey. Potential customers and clients interested in black business directory listings will find they offer a great deal of information on just about any kind of online business imaginable.
Once Blacks began to integrate, we abandoned our businesses, schools and communities, we also lost disposable income that was redistributed to White communities, and we even lost our middle-class Black role models, who followed Whites to the suburbs.
For instance, the class A shares of Urban One (ticker: UONE), a multimedia company that operates radio broadcasters targeting primarily African-American listeners, increased nearly 20-fold in the past week, to $36.30. Trading volume surged as high as 57 million shares Thursday; a month ago, fewer than 10,000 shares changed hands on an average day.
Once you have some funding behind your business, you not only show that your business was solid enough to command grant money, this money can be used to assist your company in producing an income, thus making you more attractive to
mouse click the up coming post bank for an SBA loan to even further grow your business.
Please add Ecoslay to your list of excellent black-owned businesses. Shoppe Black is a global resource that has lists on Black-owned businesses such as tech-companies, farms, vintage shops, plus so much more. Facebook announced that it is committing $200 million to support Black-owned businesses, Black creators, and nonprofits serving the Black community.