The hurdles that black business owners face with lenders can be more subtle than outright denial of loans, Orr noted. The Small Business Administration also aids in the development and funding of small businesses. A lack of knowledge about documentation or back-office work shouldn't be misconstrued as a lack of business acumen, said Williams of OneUnited, which is also a community development financial institution.
EatOkra: Featuring over 1,700 businesses, this app allows users to search for Black-owned restaurants in D.C. and in other major U.S. cities. In addition to these resources for donating, learning, and joining the fight, an important step you can take today is to provide monetary support and amplification to these businesses that are Black-Owned and Black-Operated.
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.
Ideal Cleaning Services, LLC is located in New York City and is a woman-owned residential and commercial cleaning company. The point IS to highlight black owned businesses, and to differentiate them from others. In an effort to highlight just a handful of brands we love, we've compiled a list of 19 Black-owned businesses that you can support today and every day.
When Glossier launched in 2014, we were fortunate to be one of the rare female-founded businesses to successfully raise venture capital; that year, only 3.1% of venture dollars raised by US-based companies went to women We are also keenly aware that a Black woman with the very same vision likely would not have received the same support.