STN’s Post

The recently released 2024 State of Black Business report, sheds light on the ongoing challenges faced by Black entrepreneurs in America.  Produced by the Alliance for Entrepreneurial Equity, a partnership of the National Urban League and Third Way, the report underscores the persistent obstacles that hinder the growth and success of Black-owned businesses. Despite some … Continued #buyblack,#blackownedbusiness,#blackexcellence,#blackownedbrand

Support for Black Entrepreneurs in Portland 🤝🏿🌱 Portland is taking significant steps to uplift Black entrepreneurs, addressing historical disparities and fostering a more inclusive business environment. This article explores initiatives aimed at providing resources, funding, and mentorship to Black-owned businesses. Highlighting local organizations and community leaders, it showcases success stories and emphasizes the importance of supporting diverse voices in the entrepreneurial landscape. By focusing on collaboration and empowerment, Portland is paving the way for a more equitable economy, ensuring that all entrepreneurs have the opportunity to thrive. #BlackEntrepreneurs #Portland #SupportLocal #Equity https://lnkd.in/dStGRMnW

The journey of entrepreneurship is challenging, but for Black entrepreneurs, these challenges can be amplified due to systemic barriers that have persisted for generations. As a community, rallying behind initiatives that empower and support Black entrepreneurs is crucial. Please read my latest Forbes Business Council article on Strategies For Overcoming Obstacles In Black Entrepreneurship. https://lnkd.in/e9QeddeY

Did you know this week is National Entrepreneur Week? While facing unique challenges, Black entrepreneurs have consistently demonstrated remarkable resilience and innovation, paving the way for progress in our communities and beyond. Here are some great resources that support Black Entrepreneurship👇 https://lnkd.in/dZUppgX #blackhistorymonth #blackentrepreneurs #blackownedsmallbusiness #smallbusinesses  

Here are some grant opportunities for Black entrepreneurs

Excellent article from WABE on how Atlanta, GA has become the #1 economic hub for Black-owned businesses! According to a Lending Tree report, Georgia’s capital is home to over 10,000 black-owned companies - about 9% compared with other markets. Factors include, the city’s growing black middle class, HBCU culture, and the plethora of African American entrepreneurs have been key contributors to the growth. This comes despite a slight decline in the Black population, both in Atlanta and across the U.S. Read more: https://ow.ly/KeAf50QFUze #blackowned #entrepreneurship #smallbiz #microbiz

Right to Start Founder and CEO Victor W. Hwang was quoted today by the Detroit Regional Chamber. At the Mackinac Policy Conference that wrapped up yesterday, Victor discussed the challenges that entrepreneurs face, including childcare, education, and healthcare, with a particular focus on the lack of supportive policies for small businesses. 82% of entrepreneurs believe the government favors big businesses over them, underscoring the need for a comprehensive approach to support small businesses. 🤝 Despite these hurdles, there is strong bipartisan support to improve the business environment. Victor told the audience, “People across both parties [want entrepreneurs to succeed] … there are people that have seen how the system doesn’t work. ...It’s just very powerful to see. And often, they’ll say 'This is the first time we’ve worked so closely on things together.'” 🏁 Read the full debrief here: https://lnkd.in/eKkPzTJE Song Foundation #MPC24 #LetUsStart #BuildYourDreams #entrepreneurship

Let's kick off 2024 with a focus on amplifying black-owned businesses! 🎉 The Louisville Urban League's CEO has laid out ambitious goals to uplift entrepreneurs and drive positive change. In this article the CEO states that one of his goals is to help black businesses in Louisville to access capital. And he states, “we have started that. We started, just at the end of last year, awarding grants to some of our participants, our entrepreneurs in our Center for Entrepreneurship, $5,000 grants. This year, we're going to roll out a loan program thanks to an investment by the Community Foundation of Louisville that's going to allow us to do some low-interest, zero-interest loans to businesses and entrepreneurs. That is going to help infuse capital into their businesses, up to $15,000.” Read more of this article to get more insights on the plans and strategies being put up to help black owned businesses to thrive this year. https://lnkd.in/gnZGRa94 #EmpowerEntrepreneurs #BlackOwnedBusiness #BusinessGoals #DiversityInBusiness"

As a Black entrepreneur, you'll need help navigating the essential steps of starting and growing your business. Luckily, plenty of organizations and programs offer education, support, funding, and grants specifically for Black-owned businesses. Check out this great set of resources for your business. https://lnkd.in/ecyHah_M #BlackHistoryMonth #BlackBusinessOwner #BusinessResources #BlackEntrepreneur #BlackOwnedCLT

AT&T & The Hispanic Heritage Foundation Launch the GROW YOUR CHISPA, $10K Grant Prize for Hispanic-owned Small Businesses! Link: https://lnkd.in/gnP_7FZc What is the GROW YOUR CHISPA contest: AT&T is proud to announce their partnership with the Hispanic Heritage Foundation and the creation of the Grow Your Chispa program – giving Hispanic owned small businesses the opportunity to not only get off the ground, but also flourish. This initiative aims to recognize and support the incredible journey of Hispanic entrepreneurs who have not only carved their path to success but are also paving the way for future generations. WHO CAN APPLY? Hispanic entrepreneurs making a direct impact in their communities, and whose small business are located in one of the following cities: Dallas, Miami, Los Angeles, Houston, and Phoenix. If you have an Hispanic owned small business in mind who is based in one of these cities, please send them the link and have them apply directly here: Grow your Chispa - Hispanic Heritage Foundation WHAT DO YOU WIN IF SELECTED? One winner will be selected from each city to receive a grant of $10,000 (for a total of five grants). The last day to submit nominations is February 16 and winners will be announced in March.   WHY IS THIS IMPORTANT? Hispanic-owned small businesses are a driving force in our economy, contributing significantly to innovation, job creation, and the overall prosperity of local communities. Hispanic led small businesses have grown by 36% in the last ten years, whereas all small businesses have only grown by 1%. AT&T acknowledges the vital role these entrepreneurs play in shaping our economic landscape. We believe that investing in Hispanic entrepreneurs is an investment in the future, fostering an ecosystem where innovation and community development can flourish. By empowering these individuals, AT&T and HHF aim to contribute to the sustained success of Hispanic-led businesses and, in turn, fortify the backbone of our economy.