[Black Business\Maggie Anderson]
Marketplace: “Anderson stuck with the project to “expose how few Black businesses there still are, to refute negative stereotypes about Black-owned businesses…”
Photo: Maggie Anderson
Black businesses
Black Businesses Band Together to Start Market in North Carolina
[Black Business Market]
The Chronicle: “Karen Bonner, Ellen Forbes, Michelle Young and other business owners banded together to start a market for customers to buy from local Black business owners.”
Photo: YouTube
Black Businessman Ebbie Parsons and Netflix’s $100 Million Lending Agreement
[Black Businesses\ Netflix]
AJC: “Yardstick Management, founded by Ebbie Parsons in 2012, has been consulting with Netflix for months on how it can add more minorities to its executive ranks. He also introduced the video-streaming giant to Black business leaders.”
Photo: Yardstick Management
Black Businessman Hosted Texas Charity Benefit Promoting Black Artists
[Solomon RC Ali]
Mr. Ali is CEO of NDR Energy Group, one of the largest minority-owned energy companies in the United States, and CEO of Revolutionary Concepts which is the exclusive owner of multiple technology patents.
Photo: YouTube
Black Businesses Suffering the Most From COVID-19 Crisis
[Black Business\COVID-19]
Times: More than 40 percent of Black business owners reported they weren’t working in April, when businesses were feeling the worst of the pandemic’s economic consequences. Only 17 percent of white small business owners said the same.
Photo: YouTube
Campaign Encourages Consumers To Spend $5 Million With Black Businesses By July 6
[My Black Receipt]
One initiative is hoping to push that momentum even further by motivating consumers to spend $5 million at Black-owned businesses by July 6 and turn it into more than a one-time purchase.
Photo: YouTube
Facebook Announces $200 Million Commitment to Support Black Businesses
[Facebook\Black Business]
Today Facebook announced: A commitment of $200 million to support Black-owned businesses, Black creators and nonprofits supporting the Black community – building on earlier investments and part of a broader $1.1 billion investment.
Photo: YouTube
COMMUNITY FINANCIAL INSTITUTIONS INVOLVEMENT IN SMALL BUSINESS COVID-19 RELIEF FUNDING IS CRITICAL
[SBA COVID-19 Relief Loan Funding]
Velazquez: “To expand opportunities for women-, minority-, and veteran-owned businesses, we must increase the role of mission-based lenders, those who are deeply embedded in their communities, such as community banks, community development financial institutions, and SBA microloan intermediaries.”
Photo: YouTube
BLACK COMPANIES: 90 PERCENT OF COVID-19 RECOVERY RESOURCES GOING TO WHITE COMPANIES
[COVID-19 Recovery Resources]
The question is – will NY’s elected officials continue to ignore the economic health of the Black community, or will they put measures in place that will ensure the growth and sustainability of Black-owned businesses in NYC during and after the current COVID-19 crisis?
Photo: Facebook
