
Center For Black Economic Development
BUY BLACK
Currently, black owned businesses are vastly underrepresented, accounting for less than 7% of all small owned businesses, even though we account for 13% of the population. African Americans certainly have an entrepreneurial spirit as we are more likely to start a business relative to other racial groups. But, limited access to resources (e.g., capital, clientele, etc.), increase our businesses’ likelihood to close its doors. Research suggests that communities’ generational economic empowerment is linked to entrepreneurial success. Therefore, if we are serious about improving our communities, improving our schools, providing jobs (black businesses are the 2nd highest employer of African Americans after the government), we must advance and strengthen black owned businesses.
You may be thinking “what if there are no black owned businesses near me? What if the prices are too high? Well this is the purpose of our BUY BLACK PROGRAM. We have compiled a list of black-owned companies and businesses from all industries and business sectors.
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- LEGAL
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- RETAIL
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- CULTURAL
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If you own or know of a black-owned business that needs to be added to our list please feel free to contact us below.