Black Businesses Archives - Black Enterprise

Business

Atlanta, Houston, and New York City Top List of Cities With Large Number Of Black Businesses Opening During Pandemic

Jeffrey McKinneyJuly 8, 2021July 8, 2021

by Jeffrey McKinneyJuly 8, 2021July 8, 20211208

Relatively fresh research from university economists disclosed that several cities with predominantly Black populations saw their rate of new businesses take off during the pandemic....

Business

Global Automaker Stellantis Teams With National Business League To Launch Black Supplier Development Program

Jeffrey McKinneyJune 21, 2021June 21, 2021

by Jeffrey McKinneyJune 21, 2021June 21, 2021930

Giant automaker Stellantis is partnering with the National Business League to create a one-stop portal for Black businesses to sell goods and services to potential...

COVID-19 Entrepreneurship

Chambers of Commerce Partner with Customers Bank to Help Black Businesses Get Access to Second Round of PPP

Anthony QuinonesFebruary 18, 2021February 18, 2021

by Anthony QuinonesFebruary 18, 2021February 18, 20212089

Customers Bank and the Chambers of Commerce created a PPP white-label solution for small businesses that couldn’t get funding in the first round of PPP....

COVID-19 Entrepreneurship

Survey: 53% of Black Business Owners’ Revenues Drop By Half Amid COVID Pandemic

Jeffrey McKinneyFebruary 17, 2021February 17, 2021

by Jeffrey McKinneyFebruary 17, 2021February 17, 20211147

Some 53% of Black business owners have seen revenues fall by 50% or more since the onset of COVID-19 compared with just 37% of white...

COVID-19 Entrepreneurship

Poll: Small Business Will Continue to Face Closures in 2021 Due to COVID

Jeffrey McKinneyFebruary 2, 2021February 2, 2021

by Jeffrey McKinneyFebruary 2, 2021February 2, 20211184

Small businesses are expected to revamp their business models and cut employee hours this year as a result of the COVID-19 pandemic....

COVID-19 Entrepreneurship

Russell Center for Innovation and Entrepreneurship Is Raising $20 Million To Empower Black Businesses

Jeffrey McKinneyJanuary 6, 2021January 5, 2021

by Jeffrey McKinneyJanuary 6, 2021January 5, 20213026

The Russell Center for Innovation and Entrepreneurship is making big moves this year to help Black Americans open or expand their business....

COVID-19 Entrepreneurship

How SCORE Is Helping Black Small Businesses Combat COVID-19 Obstacles

Jeffrey McKinneyDecember 28, 2020December 28, 2020

by Jeffrey McKinneyDecember 28, 2020December 28, 20201357

A SCORE report reveals Black entrepreneurs are less likely to gain extended lines of credit or outside funding and have difficulty attracting investors....

Business Entrepreneurship

$290 Billion Would Be Created in Black Wealth if The Revenue Gap Between Black and White Businesses Was Equal

Jeffrey McKinneyDecember 2, 2020December 2, 2020

by Jeffrey McKinneyDecember 2, 2020December 2, 20204366

A whopping $290 billion would be created in Black wealth if the revenue gap between what Black-owned and white-owned businesses generate were equal....

Business

Black Power Clothing Releases The Ultimate Black-Owned Businesses Guide

Cedric 'BIG CED' ThorntonNovember 26, 2020November 25, 2020

by Cedric 'BIG CED' ThorntonNovember 26, 2020November 25, 20203700

Black Power Clothing has just announced that they have published The Ultimate Black-Owned Businesses Guide which includes over 350 businesses...

Entrepreneurship

Courvoisier Pledges $1 Million to National Urban League to Support Black Businesses and Communities

Cedric 'BIG CED' ThorntonNovember 3, 2020November 3, 2020

by Cedric 'BIG CED' ThorntonNovember 3, 2020November 3, 20203598

Courvoisier Cognac has announced a partnership with the National Urban League to empower Black and other underserved communities....