Black Business Month
Why it matters
CELEBRATE BLACK BUSINESS
Join us in recognizing the vital role of Black-owned businesses in our economy.
THE STORY
Black Business Month was established to recognize and celebrate the contributions of Black entrepreneurs in America. It serves not only as a reminder of the challenges faced by these business owners but also highlights the importance of supporting them. This observance encourages communities to promote economic growth and engage in discussions about equitable opportunities in the business landscape.
During this month, various events are hosted nationwide, ranging from networking events to educational workshops that focus on entrepreneurship and financial literacy. These gatherings aim to empower current and aspiring Black business owners by providing them with valuable resources and support. Recognizing the historical significance of Black entrepreneurship helps to foster a sense of community and solidarity.
A significant aspect of Black Business Month is the emphasis on economic empowerment. By focusing on supporting Black-owned businesses, communities can work towards closing the economic gap that has persisted for generations. This month is not just about celebration but also about taking actionable steps that lead to sustainable growth and opportunity.
As we celebrate Black Business Month, it is essential to reflect on the achievements of prominent Black entrepreneurs throughout history, such as Madam C.J. Walker, who became the first female self-made millionaire in America. Her legacy continues to inspire countless individuals today. By honoring these pioneers, we can motivate future generations to pursue their entrepreneurial dreams.
Supporting Black-owned businesses is not just a trend; it's a commitment to economic justice.
WORTH KNOWING
Shop Local
Explore your community and shop at Black-owned businesses. Every purchase supports economic empowerment and helps create jobs.
Educate Yourself
Read books and articles about the history of Black entrepreneurship. Understanding the past can inspire future innovation.
Network and Support
Attend events and workshops designed for Black business owners. Networking can lead to valuable partnerships and collaborations.
Celebrate Success
Share stories of successful Black entrepreneurs on social media. Highlighting their achievements can inspire others to follow in their footsteps.
AROUND THE WORLD
DID YOU KNOW?!
First Black-Owned Bank
The first Black-owned bank in the U.S. was founded in 1888 in Richmond, Virginia.
Black Women Entrepreneurs
Black women are the fastest-growing group of entrepreneurs in the U.S., with a 164% increase in business ownership.
Historical Impact
Black-owned businesses played a crucial role during the Civil Rights Movement, providing jobs and resources.
National Black Chamber
The National Black Chamber of Commerce was founded in 1993 to advocate for the interests of Black businesses.
Significant Growth
From 2002 to 2017, the number of Black-owned businesses grew by 90%.
Major Contributions
Black-owned businesses contribute significantly to job creation, employing over 1 million people.
Cultural Heritage
Black businesses not only contribute economically but also preserve and promote rich cultural heritage.
READ MORE
The Color of Money
Katherine M. Franke · 2021
This book explores the intersection of race and finance in America, shedding light on the historical challenges faced by Black entrepreneurs.
Black Business Secrets
Ilene A. B. Arkin · 2020
A guide filled with strategies and insights from successful Black business leaders, providing a roadmap for aspiring entrepreneurs.
Our Black Year
Shelia Williams & A. S. Williams · 2018
This book chronicles a year-long effort to support Black businesses and highlights the impact of collective spending.
The Rise of the Black Entrepreneur
Marvin A. Smith · 2019
A compelling account of the journeys of notable Black entrepreneurs and their contributions to the economy.
PAIR IT WITH
Black entrepreneurs are making waves not just in the U.S., but worldwide.
Supporting Black businesses empowers communities and fosters economic justice.
Black-owned businesses are often at the forefront of innovation in various industries.
Local support for Black businesses strengthens community ties and resilience.
Support Black Businesses
Take part in Black Business Month by supporting local Black-owned businesses and sharing their stories.