[Black Business\COVID-19]
Reuters: “Though Black Americans make up 22% of New York City residents, they account for only 2.1% of business owners.”
Photo: Twitter
Black business
Black Hair Company “Kinkistry” is Breaking Stereotypes in Beauty Industry
[Kinkistry Hair Company]
Angela Fité is Founder and CEO and created Kinkistry to provide alternative hair styling options for women of color who have embarked upon their natural hair journey.
Photo: Kinkistry
Beyoncé and NAACP Partnering to Help Black Businesses
[Beyoncé &NAACP\Black Business Grants]
Daily Mail: “The fund – providing grants in the amount of $10,000 – ‘will be offered to Black-owned small businesses in select cities to help sustain businesses during this time.”
Photo: YouTube
CEO: Wall Street Discounted Me Because of My Black Skin
[Eddie C. Brown\Brown Capital Management]
Brown: “I founded Brown Capital Management in Baltimore, which now employs predominantly African-American professionals…no amount of wealth, education or prestige has distracted me from the discrimination, prejudice and segregation of opportunity.”
Photo: Twitter
Congress Pressured to Fund Black Businesses Struggling from COVID-19
[Black Businesses]
Politico: “One widely cited economic analysis showed that Black-owned businesses were slammed the most by Covid-19, with the number of owners plunging by 41 percent from February to April.”
Photo: YouTube
Blackout Day Protests Encourages Economic Support for Black Businesses
[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 Businesses See Sales Surge Amid Racism Reckoning
[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: We Are Talking Steps to Address Workplace Allegations
[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 Awards $10M in Grants to Support Minority-Owned Businesses
[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 Lives Matter Movement Driving Customers to Black Businesses
[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
