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Tag: black businesses

5 Actions You Should Take to Support Black Owned Businesses

In a society where dialogue is heavily immersed in social justice and the continuous rallying efforts of #BlackLivesMatter, the black race is receiving an impressive, impactful platform to voice our concerns and fight for equality and representation. As Jesse Williams reminded the nation at June’s BET Awards, “Just because we’re magic doesn’t mean we’re not real.” And with this realness comes a multitude of real struggles, even beyond the realm of social justice and political activism. The Black population needs a stronger push for economic stability and unity.
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The Benefits of Being A Minority-Owned Business

Businesses that are certified as minority-owned can take advantage of special government programs, including increased access to government contracting opportunities that can help them grow quicker. Find out whether your organization may qualify for this designation, how to become certified and how this might help your business.
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Free Money! The Top 10 Grants Available to Black, Minority Business Owners

Every year billions of dollars are awarded in the form of free money and other types of funding. Most people know this money exists, but just don’t know where to apply, how much they qualify for, or even where to get an application.
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11 realities faced by Black-owned businesses

“You know how your cousins are.” Sound familiar? You have either heard or said this about a janky product or poor customer service at a Black-owned business (BOB). All businesses encounter common issues, but the impact is greater for BOBs. Our history is filled with the reality of facing stereotypes, unfair biases, and unethical and illegal practices. Growth continues, but numbers and profits still lag behind businesses owned by other races. White-owned companies account for 81 percent of U.S. businesses, while Asian and Hispanic-owned are at 9.7 and 5.8 percent, respectively.
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