Over 100,000 start-up and existing entrepreneurs last year were counseled and trained through the extensive resource partners we work with such as SCORE, the Small Business Development Centers, Women's Business Centers and Veterans Business Outreach Centers.
Internet pay giant, Paypal , has now stepped forward condemning the systemic oppression and unveiled its plan to support black businesses and help them thrive. I am honored to highlight the significant role that African Americans have made in shaping our economy through entrepreneurship and community investment.
We'll also use our channels to introduce these founders, their stories, and their businesses to our community. First it was just focused on Chicago, where he lives, and Minneapolis, his hometown, but it has quickly grown to include links to support black-owned shops across the country.
Here in Detroit the only business that are still predominately Black owned are the hair salons and barber shops. At the same time in the South, African-American laborers transformed the 1889 Edison Phonograph machine into the "Jukebox," the first tool for the wide scale distribution and appropriation of independent black music.
But make no mistake, this only happens if Black-owned businesses are supported on a wider scale, not just by a few people. The most damaging inappropriate behavior faced by African-Americans is Community Division. Only 6 percent of the $16.9 billion Federal Highway Administration contract funding was given to disadvantaged businesses owned by minorities, women, veterans and the disabled.