Africans in America are assailed by deplorable conditions, such as; lowest amount of wealth, highest unemployment, lowest income, highest crime rate, and fastest death rate. However the most direct reason is the lack of business ownership in the Black community. Good Work Network has provided educational programs, technical assistance, operational support, capital access assistance, and market access services to more than 4,500 minority and women-owned businesses in the New Orleans area.
Now, seven years after TWL first launched, Nnenna has cultivated over a quarter of a million fanatic Instagram followers and a swath of celebrity supporters via the offerings on her online shop Featuring a range of wraps inspired by West African expressions of head dress, Nnenna's mission is to make the art of head wrapping accessible and easy.
Because it is more difficult for small business owners from minority communities to secure PPP loans, the pandemic will hurt them more than their white counterparts. When it comes to businesses in general, people are always hesitant about taking the next step.
Blair says it's important to not only
support black businesses, but also support the institutions that are working to address wider issues of unemployment, education and even technology gaps in poor communities, like the Black Chamber of Commerce. These businesses employed 975,052 people, an increase of 5.9 percent; their payrolls totaled $27.7 billion, an increase of 15.9 percent (not adjusted for inflation).
One of those is Manna Inc., which is ranked at number 7 on the BE 100s list of black-owned businesses, with an impressive $875 million in 2017 revenue and 19,500 staff. This small business directory will be specifically focused on the wonderful variety of Black-owned businesses, both in the UK and internationally.
This Black-owned online boutique will be your one-stop-shop for baby clothes, toys, puzzles and more. Facebook also will spend at least $100 million with Black-owned suppliers in the next year, Zuckerberg said. So join today to add your business to our Black business list or help circulate the Black dollar by patronizing one of the businesses that you find on our directory.