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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.
Wish’s $500 to $2,000 grants for minority-owned businesses can cover rent, inventory costs and more. Eligible U.S. businesses must be black-owned and have no more than 20 employees, an annual ...
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. Over 3. ...
15 Percent Pledge. The 15 Percent Pledge is a US-based non-profit organization that encourages retailers to pledge at least 15 percent of their shelf-space to Black -owned businesses. The foundation conducts audits, shares its database of Black-owned businesses, and offers business development strategies to participating companies.
Business for Good is a portfolio of companies, comprising a 501 (c) (3) non-profit foundation and for-profit businesses, based in Saratoga Springs, New York. [1] It was founded in 2020 by philanthropists Ed Mitzen and Lisa Mitzen. [1] Business for Good's goal is to address inequities that impact underserved communities in the Capital District ...
— 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 ...
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