The notion of black capitalism, or circulating wealth within the black community, is an idea that originates from early black leaders such as Booker T Washington and Marcus Garvey, and continues to be championed by contemporary activists such as Killer Mike. More about the history of this subject can be read in this article.
Monetta White and David Lawrence are the owners of Black Bark BBQ. Black Bark BBQ is a quick serve barbecue restaurant in San Francisco’s Fillmore District. They offer Texas-style BBQ that emphases good quality, excellent service, affordable prices, and comfort food. Black Bark BBQ is known for their brisket, and in fact their restaurant is…
In 2017 Chris and Maurion joined Main Street Launch’s Entrepreneur in Residence program to grow their knowledge and expertise on the business part of their business. “We jumped in head first when we opened the store, learning the ins and outs as we went. Now we have a better understanding about why things work…
This post was written by Main Street Launch’s Manager – Data & Online Content. The Runway Project is attempting to solve the deep infrastructural problem that African American entrepreneurs lack access to seed money for their businesses. There are many crowdfunding programs around the United States that are attempting to lend to all entrepreneurs.…
For decades, a wealth gap has persisted between blacks and whites. The racial wealth gap has grown in recent years, with white Americans having 12 times the wealth of black Americans. While a quick fix to trim the gap remains absent, a new report suggests black entrepreneurship perhaps is the answer. African-Americans are looking…
Karen Roberts opened HauteButch in April 2012 after she had been having a hard time finding clothes that she actually wanted to wear. She is filling a huge need that has yet to be satisfied by providing gender neutral and masculine clothes that are made to fit women.
Calvin Andrews, owner of Lena’s Soul Food Cafe, opened the restaurant because he wanted to share the cooking that he grew up on. The cafe is named after his mother who taught him and his three siblings how to cook.
McMullen, owned by Sherri McMullen and supported by her three employees, is a boutique that offers designer and high end clothing to women in the Oakland area. The focus of McMullen is to help women feel and look their best offering a range of designers, mostly emerging female designers from around the world. In…
Walter E. Allen, a Navy veteran, started Acumen Building Enterprise in 1994 to help pay for graduate school. That small one-person consulting firm became a corporation in 2002. Acumen now has 40 employees and works with major transit agencies across the country to provide transit and transportation infrastructure development coupled with strategic technology solutions designed…
Luxurious Nail Boutique prides itself on being culturally diverse, clinically clean, and client-centric. Their staff of professional technicians are friendly and provide top-of-the-line work. The business opened in January 2017, and now has three employees. Richard offers advice to aspiring entrepreneurs: “When you ask for money, make sure you can answer any question about…