FOUNDER OF BLACKWOMAN.BIZ COMMUNITY TO INFUSE $6 MILLION INTO BLACK WOMEN-OWNED BUSINESSES

Nationwide -- BlackWoman.Biz is tackling the low sales revenues of Black women-owned businesses with an online community to learn, mentor, buy, and sell. The new program for Black women entrepreneurs will launch with 10,000 member businesses that make a commitment to give and get support. The goal this year is to create thousands of transactions and at least $6 million directly for Black women-owned businesses.
More than 2.4 million Black women-owned businesses make up 20% of all women-owned businesses. These numbers seem reason to celebrate, but the average sales revenue for a Black women business is the lowest at less than $25k per year according to American Express and the U.S. Census Bureau.
"With billions in buying power, Black women can help ourselves and change the game by buying from each other's businesses. It can be as simple as buying at least one item per month from a Black woman business," says Founder Natasha Taplin. BlackWoman.Biz members are encouraged to spend at least $50 per month at another member's business.