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Welcome to the Black Business Directory and Blog! We help empower Black entrepreneurs by promoting relevant news, success stories, and other valuable resources that stimulate entrepreneurship in African American communities. Check out our latest posts below:

Saturday, March 23, 2019

The Story of L.A. Reid and How He Transformed the Popular Music Business

Antonio Marquis “L.A.” Reid is a label executive and record producer who changed the popular music business, discovering artists whose hits defined the last two decades. He produced and wrote songs for a variety of artists, including Avril Lavigne, Justin Bieber, Usher, Rihanna, and many more. He was even responsible for Mariah Carey and Jennifer Lopez’s comebacks.

Friday, March 22, 2019

7 Black Female Models Turned Entrepreneurs

Iman and Naomi Campbell, two Black female models turned entrepreneurs

There are numerous women out there who have made history as both models and business owners. We identify and celebrate seven Black female models turned entrepreneurs. It’s our hope that their businesses, charitable endeavors, and other accomplishments inspire you to achieve your own dreams.

Thursday, March 21, 2019

Maryland's First Black-Owned Oyster Bar to Open Soon in Baltimore

She started out selling char-grilled oysters at local farmers' markets in Baltimore three years ago, but now Jasmine Norton, an African American female chef and entrepreneur, is opening her first permanent location of The Urban Oyster in April 2019. The restaurant, which will serve oyster dishes in a more laid-back environment, will be the first ever woman-owned and Black-owned oyster bar in Maryland.

Wednesday, March 20, 2019

Meet Cynthia Marshall, the CEO of the NBA's Dallas Mavericks

Cynthia Marshall, the CEO of the Dallas Mavericks

In 2018, the Dallas Mavericks hired Cynthia “Cynt” Marshall to become the franchise’s new CEO. Cynthia grew up in Richmond, CA, and earned degrees in business administration and human resources management from the University of California-Berkeley. In addition, she holds honorary doctorate of humane letters degrees from Livingstone College and Bennett College.

Tuesday, March 19, 2019

Meet the Black Entrepreneur Who Owns 7 McDonald’s Restaurants in Atlanta

Vicki Chancellor, owner of 7 Black-owned McDonald's franchises

As a female entrepreneur, Vicki Chancellor, has experienced a lot of defeat and rejections. But despite this, she still managed to transition from a housewife and mother to a franchise owner that employs almost 500 people at the 7 McDonald's restaurants she owns and operates herself in the Atlanta area!

Monday, March 18, 2019

The Founder of the Largest Black-Owned Fundraising Firm Has Already Raised $800 Million For His Clients

Bridge Philanthropic Consulting (BPC), the first and only full-service Black-owned fundraising firm in the U.S., has proven to also be the most prosperous after raising over a whopping $800 million for their wide range of clientele in just over two years. Dwayne Ashley, its founder and CEO, is determined to keep the streak going!

Friday, March 15, 2019

Top 4 African Restaurants in the U.S. According to Us

African restaurant

African restaurants in the U.S. have recently garnered recognition on a national level. Celebrate African cuisine at some of the most famous restaurants in the U.S.

Helpful Resources:

Top Black Business Conferences, Workshops, and Seminars:
Every year, many Black business conferences are held across the country that specifically cater to established or aspiring African American business owners, professionals, authors, bloggers, and more. Literally thousands of people travel to network and do business at such events. These events are usually held in cities like Atlanta, Chicago, and New York, and typically include extensive training workshops, powerful speeches, power networking sessions, grand hall expos, and more. [Find an event to attend...]

Top Black and Minority Business Grants and Funding Opportunities:
From time to time, there are Black and minority business grants available to help African American and other minority entrepreneurs. Sometimes, they grants are offered by major companies, non-profit organizations, and even government agencies. Admittedly, such opportunities can be very difficult to find as many have been discontinued. Others in the past were offered as one or two year programs and did not renew. Despite this, such opportunities are real and are more often offered through local programs compared to national. [Get funded...]

Top Black and Minority Business Organizations:
There are many non-profit Black and Minority business organizations that aim to be of assistance to African American business owners. They are very helpful resources that offer valuable assets including grants, seminars, literature, consulting, and professional networking opportunities. There are also several government agencies that aim to assist minority business owners, including Hispanics, Asians, Native Americans, and even women of all ethnic backgrounds. [Find the right organization for you...]

Top Black Business Magazines, Publications and Blogs:
Believe it or not, there are hundreds of Black business magazines - that is, business-focused magazines that target African American readers. There are also many publications that are focused on professional career development. Some are local, some are national, and some are even international. Many are even available as digital publications via your laptop, tablet or smartphone. There are also many blogs that can be very helpful and resourceful to both aspiring and established Black business owners. [Find a publication that meets your needs...]

Interesting Facts & Statistics About Black-Owned Businesses:
Black-owned businesses accounted for about 28% percent of all businesses in Washington, DC, the highest ratio in the nation. Second, was the state of Georgia, where 20% of businesses were Black-owned, and the state of Maryland, with about 19% in Illinois. The state of New York, however, has the most Black-owned firms at 204,093 but this only accounts for 10.6% of the businesses in the state. Second is the state of Georgia, third is the state of Florida, and fourth is the state of Texas with the most Black-owned businesses but not necessarily the highest ratios. [Learn more...]