Did you know that August is National Black Business Month? That’s right! August is a time to acknowledge, celebrate and support Black-owned businesses in the United States.
The history of Black-owned businesses in the United States stems back to the 1700s, when free and enslaved African Americans opened small businesses. The ‘golden age’, which spanned from 1900-1930, was a time when the growth of Black-owned businesses doubled. Today, those numbers have risen to approximately 3.12 million, generating $206 billion in revenue.
But those figures only represent 2.4% of the nation’s businesses, while white-owned businesses account for 86.5%, even though Blacks represent 12.8% of the population.
This is one of many reasons why supporting Black-owned businesses – all year long – is so important.
Here is a list of some of our CEO’s favorite local Black-owned businesses we encourage you to check out.
- ZeroTwoFour – elevated home fragrances, @discover024
- Moshood – designs of traditional Afrikan tailoring with a taste of western flavor, @moshoodofficial
- Kente Royal Gallery – art gallery for artists from the diaspora, @kente_royal_gallery
- Tonnie’s Mini’s – delicious homemade cakes and cupcakes, @tonniesminis
- Quiaufa’s Kitchen – vegan soul food caterer, personal chef, @quiaufaskitchen
Join us on our social media pages to tell us some of your favorite Black-owned brands and businesses!