We've read stats showing that Blacks have a buying power of $1.2 Trillion dollars and that Black women are starting businesses at a faster rate than any other group, but is this enough to change the economic inequalities that plague Black neighborhoods?
Mandy Bowman discusses how it's time to focus on creating and supporting Black businesses to build long term/generational wealth.
Many of the SBA programs offering Small Business Grants, Loan Programs and Counseling Programs for women are offered through state agencies.
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.
Homejoy, an affordable home cleaning service that caters to a broad audience and connects people with professional home cleaners online, has announced the recent establishment of its Homejoy Foundation. The foundation will provide financial grants to veterans and military families in need.