[Black Business\Black Economics]
Jason Dunn, Board Chair of African American Chamber: “The African-American Chamber is working purposefully to create long-lasting and thoughtful partnerships that are beneficial to all. We will re-energize our efforts to elevate the power and influence of our members, our African American businesses and our community of consumers.”
Photo: Rich Walburg
Article: Small Business
Small Business
BANKING BILL TO PROTECT BLACK AND MINORITY-OWNED BANKS PASSES HOUSE CONGRESS
[Black & Minority-owned Banks]
Rep. Beatty: “Minority-owned banks play a vital role in our economy, providing customers the necessary resources to start a business, achieve their dreams of homeownership, and even save for retirement. Yet, too many minority-owned banks are closing up shop. My bill will reverse this troubling trend.”
Photo: Facebook
ON MLK HOLIDAY TRANSPORTATION COMPANY ANNOUNCES NEW COOPERATIVE EDUCATIONAL DIVERSITY WORKFORCE INITIATIVE
[Employment\Job Training\”New Flyer of America”]
Dwayne Sampson, Founder and CEO TDC: “On King Day, as we reflect on the life and work of Dr. Martin Luther King, Jr., we remember his legacy not only for civil and human rights but also for workers’ rights.“In that tradition, TDC will lead the direction and implementation of this framework with the New Flyer of America team.”
Photo: Facebook
NEW YORK CONGRESSWOMAN VELASQUEZ: LACK OF DIVERSITY HURTING INVENTION, INNOVATION AND ECONOMIC GROWTH
[Patent Diversity\Innovation]
Rep. Nydia Velázquez: “Applying for and obtaining a patent allows small firms to gain access to capital, find licensing deals, and level the playing field with larger competitors—all of which are vital to creating jobs and fostering economic growth.”
Photo: Facebook
ONEUNITED BANK INTRODUCES REVOLUTIONARY BANK BLACK X CAMPAIGN TO CLOSE RACIAL WEALTH GAP
[Black Business News\OneUnited Bank]
White Americans have seven times the wealth of black Americans who hold just 3 percent of the nation’s total wealth, despite being 13% of the population. The median family wealth for white Americans is $171,000 compared to just $17,600 for Blacks.
Photo: OneUnited Bank
NAACP’S “HER IDEA” ANNOUNCES HBCU TOUR TO PROMOTE EMPOWERMENT OF BLACK FEMALE BUSINESSES
[Black Business]
The NAACP recognizes the hurdles faced by Black women, and to bridge the resource gap through community building, the organization created Her Idea.
Photo: