[Black Business\Blackout Day]
USA Today: “Tuesday, July 7, has been designated Blackout Day, a call to action and “day of solidarity in America where not one Black person in America spends a dollar” outside of businesses owned by Black people.”
Photo: YouTube
[Black Business]
According to Google, searches for “Black-owned businesses near me” reached an all-time high last month in the U.S.
Photo: YouTube
[ESSENCE Magazine\Workplace]
ESSENCE: “ESSENCE is in the process of hiring law firms and other independent external experts to assess and review the company’s policies and practices and conduct comprehensive employee interviews.”
Photo: YouTube
[MBDA\CARES Act]
The U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the deployment of $10 million in CARES Act funding to the network of MBDA Business Centers and national minority chambers of commerce.
Photo: MBDA
[Black Business]
Of the 5.7 million US firms with paid employees, about 124,000 — or a little more than 2% — were Black-owned in 2017, according to a Brookings Institution analysis of the Census Bureau’s most recent survey of US businesses.
Photo: YouTube
[Earl Graves Sr.\Black Businesses]
Keith Clinkscales: “Graves did more than chronicle successful Black businesspeople — he created a blueprint for brand-building in a multimedia world.”
Photo: YouTube
[Black Business\Earl G. Graves Sr.,]
Graves was widely considered to be the ultimate champion of Black business, launching Black Enterprise in 1970 to not only chronicle the rise of African American entrepreneurs, but also provide the tools for African Americans to succeed in business.
Photo: YouTube
[COVID-19\Black Business]
Black people are approximately 22% of NYC’s population, yet we own only 2% of NYC’s businesses and we receive less than 2% of contracts from NYS and NYC agencies.
Photo: YouTube
[Black & Minority Businesses\ Chicago’s NOF Program]
Mayor Lightfoot: “Today’s announcement of additional funding builds on our commitment to drive transformative inclusive growth in neighborhoods with the greatest need. Our efforts to reform the Neighborhood Opportunity Fund grant process will support more local businesses and entrepreneurs, sending a clear message that every community in Chicago is open for business.”
Photo: Facebook
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