Support Black Businesses
Big companies have a history of oppressing small businesses and putting a heavy burden on low-income communities, including Black communities and Black-owned businesses.
6 reasons why we should support black businesses
Closes the Racial Wealth Gap
We can trace the origins of today’s racial wealth gap to Jim Crow-era practices like redlining and job discrimination which segregated African Americans from higher paying jobs and homeowner ownership opportunities that ultimately prevented wealth building.
Holds other Companies Accountable
Strengthens Local Economies
When small businesses flourish, so do their communities. But banks often hinder that prosperity by discriminating against African American and other entrepreneurs of color seeking small business loans. A 2017 study by the National Community Reinvestment Coalition actually found that banks were twice as likely to provide business loans to white applicants than Black ones and three times as likely to have follow-up meetings with white applicants than more qualified Black ones.
Fosters Job Creation
Celebrates Black Culture and Serves Communities
Visibility and Representation in the Green Economy