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Key statistics. There are over 161,000 Black-owned businesses in the U.S., according to the Census Bureau.. Black-owned businesses employed 1.4 million employees in 2021.
The expanded Child Tax Credit included in the American Rescue Plan was a game-changer for Black small business owners and their employees. Child poverty rates for Black children dropped by 17.1% ...
In the United States, black-owned businesses (or black businesses), also known as African American businesses, originated in the days of slavery before 1865.Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
The National Negro Business League (NNBL) was an American organization founded in Boston in 1900 by Booker T. Washington to promote the interests of African-American businesses. [ 1 ] [ 2 ] [ 3 ] The mission and main goal of the National Negro Business League was "to promote the commercial and financial development of the Negro."
This list of U.S. cities by black population covers all incorporated cities and Census-designated places with a population over 100,000 and a proportion of black residents over 30% in the 50 U.S. states, the District of Columbia, and the territory of Puerto Rico and the population in each city that is black or African American.
As Black Friday arrives some Black entrepreneurs say they hardly feel the enthusiasm of 2020's #BuyBlack movement.
The National Black Chamber of Commerce (NBCC) was incorporated as The National Black Chamber of Commerce, Inc., in 1993. It is a nonprofit, nonpartisan, nonsectarian organization dedicated to the economic empowerment of African American communities. Additionally, the organization indicates that it represents the views of its members regarding ...
Maggie Lena Walker. Walker held many civic and business leadership positions in her life, but she is most well known for founding the Virginia-based St. Luke Penny Savings Bank in 1903, making her ...