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— The National Negro Business League Historian Juliet Walker calls 1900–1930 the "Golden age of black business." According to the National Negro Business League, the number black-owned businesses doubled from 20,000 1900 and 40,000 in 1914. There were 450 undertakers in 1900 and, rising to 1000. Drugstores rose from 250 to 695. Local retail merchants – most of them quite small – jumped ...
Black-owned businesses have been growing rapidly since before the onset of the pandemic. Between 2017 and 2020, the number of Black businesses grew by 13.6%, according to the Brookings Institution ...
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
Today, Black-owned businesses span a range of industries, with healthcare social assistance services being the most common. In 2021, Black-owned businesses provided jobs for around 1.4 million ...
In 2021, Black- or African-American-owned businesses brought in an estimated $183.3 billion in annual receipts, according to data from the U.S. Census Bureau.
Backbone Digital Leaders. Black Catholic Messenger. Black Enterprise. Black Garnet Books. Black Sands Entertainment. Black Star Line. Black Swan Records. African-American bookstores. Broadway Federal Bank.
Black-owned companies of the United States (1 C, 52 P) E. Early black-owned record labels (7 P) R. Black-owned restaurants (1 C, 2 P)
That restricts Black-owned businesses' ability to get big enough to be competitive with larger majority-owned firms. Supporting Black-owned middle market companies will require stronger public ...
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