With more than $250 million in annual revenue, Indiana-based Millennium Steel Service is a worthy entrant on this list of black-owned business. Go online and find a few foreclosure cleanup businesses - in your area. Amid protests focusing the nation's attention on systemic racism, Black-owned small businesses will have to weather what could be the worst economic downturn in recent memory caused by the COVID-19 pandemic.
The U.S. is home to roughly 2.5 million black-owned businesses, according to the Census Bureau. Among states, Georgia had the largest total number with 256,848 black-owned businesses and accounted for 9.9 percent of the nation's black-owned businesses, followed by Florida, with 251,216 black-owned businesses (9.7 percent).
Fewer than five percent of black owned businesses even apply for these minority business grants. Black-Owned Shops in D.C. Years later, African-Americans gained access to public schools and Whites treated us horribly. Businesses that are selected will also have the opportunity to connect with relevant team members at Glossier for 1:1 advisory support and monthly calls with domain experts (think supply chain, packaging, content strategy, etc).
Of the 2.6 million black-owned businesses in 2012, 109,137 had paid employees, an increase of 2.2 percent from 2007. Prioritizing Black-owned small businesses is a small but meaningful decision that allows you to vote with your dollars and help bring about lasting change.
Black-Owned Restaurants in Washington, D.C. Harry Alford, co-founder of humble ventures, a venture development firm focused on diverse founders," says there's a strong business case for companies to follow through on these promises. Now you can add your business to the Katika Directory for free to market your services.
UC Santa Cruz professor Robert Fairlie said many black owners will face considerable obstacles resurrecting their business after the pandemic eases, citing the huge wealth gap between black and white Americans. Robinson started The Nile List to "make buying black normalized." Spending money at black-owned businesses is a way to address racial inequities long after protests are over.