black business Archives - Black Enterprise

Oakland Entrepreneurs Launch $1 Billion Investment Fund For Black Businesses Impacted by COVID

Dana GivensSeptember 3, 2020September 3, 2020

by Dana GivensSeptember 3, 2020September 3, 20204281

Elisse Douglass and Trevor Parham, the founders of the Oakland Black Business Fund, launched a $1 billion investment fund for Black businesses affected by COVID....

News Politics

Powerful Black Business Leaders Endorse Joe Biden and Kamala Harris

Derek T. DingleSeptember 2, 2020September 2, 2020

by Derek T. DingleSeptember 2, 2020September 2, 20203600

The Black Economic Alliance endorsed the Democratic ticket to defeat President Trump and ensure “strong leadership at this pivotal turning point in our nation’s history.”...

Entrepreneurship Technology

Google is Making it Easier to Search for and Support Black Businesses

Selena HillJuly 31, 2020July 31, 2020

by Selena HillJuly 31, 2020July 31, 20202596

Google introduced a new badge that allows businesses to identify themselves as Black-owned....

COVID-19 Entrepreneurship Politics

Democratic Senators Introduce Bill to Protect Minority Businesses Amid COVID

Jeffrey McKinneyJuly 15, 2020July 15, 2020

by Jeffrey McKinneyJuly 15, 2020July 15, 20203674

The Minority Business Resiliency Act would expand the MBDA's scope and provide more resources and funding to invest in minority businesses....

Entrepreneurship

My Black Receipt Campaign Generates $5 Million For Black Businesses

Dana GivensJuly 9, 2020July 9, 2020

by Dana GivensJuly 9, 2020July 9, 20203293

The My Black Receipt Movement has now raked in over $5 million in revenue for Black-owned companies, with 18,000 consumers participating in the initiative....

Entrepreneurship

Black Woman Creates Juneteenth Shop Black Virtual Experience That Generated Over $1 Million in Sales

Charlene RhinehartJune 25, 2020June 25, 2020

by Charlene RhinehartJune 25, 2020June 25, 202021567

Cynthia Daniels' Juneteenth Shop Black Virtual Experience helped more than 100 Black businesses generate over $1 million in combined sales within 72 hours....

Entrepreneurship

Retired Harvard Business School Professor: Black Businesses, Please Take The PPP Money!

Derek T. DingleMay 13, 2020May 13, 2020

by Derek T. DingleMay 13, 2020May 13, 20206040

Retired Harvard Business prof. Steve Rogers encourages black business owners to apply for funds through the SBA's Paycheck Protection Program....

COVID-19 Entrepreneurship

Black-Owned Businesses Cannot Be Left Behind In Coronavirus Economic Relief

Derek MajorApril 14, 2020April 13, 2020

by Derek MajorApril 14, 2020April 13, 20201274

The government is trying to keep businesses alive with its $2 trillion coronavirus relief package, but black-owned businesses cannot be left behind....

Entrepreneurship

The SBA’s Paycheck Protection Program May Be Harming Black Business Owners

Dana GivensApril 13, 2020April 13, 2020

by Dana GivensApril 13, 2020April 13, 20201136

Black business owners are saying the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) isn't helping to keep their doors open....

COVID-19 Entrepreneurship

New Bill Would Distribute $3 Billion to Support Minority Firms Affected By COVID-19

Jeffrey McKinneyApril 8, 2020April 8, 2020

by Jeffrey McKinneyApril 8, 2020April 8, 20201879

Minority firms, including black-owned businesses, could get a whopping $3 billion equity infusion to help deal with the fallout from the coronavirus crisis under a...