Monday, April 7, 2025
50-Year-Old Black-Owned Construction Firm Choates Family of Companies Makes History in Kenya
Sunday, April 6, 2025
Black Girls Defense Fund Launches Mini-Grants for $2K
The Southern Black Girls and Women’s Consortium (SBGWC) announces the opening of its Black Girls Defense Fund: Resistance and Resilience Grant Application, providing financial support to organizations fighting against dehumanization and protecting the fundamental rights of Black girls and women in the South.
With grants of up to $2,000, this funding opportunity is designed to strengthen community-led efforts addressing the unique challenges Black girls face that include adultification, dehumanization, and violence. Black girls are in need of legal support, protection, and advocacy in a world that robs them of their innocence as children.
Wednesday, January 1, 2025
Black Entrepreneur Robert Smith Gets Proposed Financing For $100M
Serial entrepreneur Robert Smith who owns Champion Media Worldwide and Robert Smith Communications today announced that it has received an Engagement Letter from EF Hutton, a top investment bank.
Smith will enter into an Engagement Letter in which the bank has agreed to proposed terms to finance up to $100 million for acquiring manufacturing, engineering, e-commerce, and marketing agencies.
Smith bought his first franchise in 1996 at age 22 and grew to become number 1 in his territory. Since then, Smith has acquired nearly a dozen companies and is a 5-time award-winning entrepreneur.
Saturday, December 21, 2024
Get The Scoop On Why Now Is The Time To Start A Side Hustle
Why Now Is The Time To Start A Sidehustle By Pierre Clark
The election is over. Trump is in office. And the challenges and issues we face in igniting wealth-building and wealth creation in our communities continue. What policies will the new administration contribute and support in terms of solutions to this age-old dilemma? We’ll have to see.
But for as long as we - the disinvested and under-resourced community residents - have been here we know that we have to continue to be the change we seek. And that is why there has been a surge in entrepreneurial development and side-hustle creation in our communities in the last five years.
Sunday, October 20, 2024
Get The Scoop On How Divergent CRO is Driving Diversity in Pioneering AI Solutions in Clinical Research
Monday, September 16, 2024
Get The Scoop On Minority Enterprise Development Week 2.0 1st Day of Activities
Saturday, July 13, 2024
Get The Scoop On How Blacks In Chicago and Increasing Other Cities Can Change Our Zero Net Worth Dilemmas
By Pierre Clark The talk in Chicago about increasing economic opportunity for African-Americans in Chicago and around the country rings hollow in the face of a report from the Chicago Community Trust that Black families in Chicago have a median net worth of $0 dollars while white families in contrast have a median net worth of $210,000.
A report from McKinsey and Company and reports from the Pew Foundation indicate that it might take hundreds of years - 228 years, according to one report - to address and fix the disparities. Most of us living now will have been dead and gone for 9-10 generations by that point in time.
What can be done now and in the immediate future about addressing and reversing these depressing findings? And as reports also say the GNP of African American community is over $1 trillion, how can the net worth of those same families in Chicago be $0? And how can we start capturing and recapturing that wealth?