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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:

Monday, October 15, 2018

50 Cent Signs New Deal With Starz Worth $150 Million -- The Biggest Deal in Premium Cable History!

Rapper and entrepreneur 50 Cent

Rapper and producer 50 Cent has just landed a 4-year deal with Starz worth up to $150 million. His new deal with the premium cable network will include a three-series commitment through his G-Unit Film and Television company.

Tuesday, October 9, 2018

Meet the Black Billionaire Who Adobe Just Paid Another $3 Billion For His Cloud Software

Robert F. Smith, Black billionaire

Back in 2016, African-American billionaire Robert F. Smith, founder and CEO of Vista Equity Partners, made a big bet when he paid $1.8 billion for the cloud-service company, Marketo. Well, that bet has significantly paid off... because he just sold Marketo to Adobe Systems, Inc. for $4.75 billion, which has earned him a profit of just about $3 billion - the largest acquired profit from a single company in the last 20 years.

Saturday, October 6, 2018

Largest Black-Owned Bank in the U.S. Launches Justice Visa ATM/Debit Card

OneUnited Bank Justice Visa Debit Card

OneUnited Bank, the largest Black-owned bank in the country, has released the Justice Visa ATM/ Debit Card featuring on its face a young Black woman wearing locks with her fist out in solidarity. The artwork was created by internationally celebrated muralist Addonis Parker, and was designed to bring awareness to the Trump Administration's immigration policies that affect countries like Jamaica, Haiti, Trinidad, Barbados, and all African nations.

Friday, October 5, 2018

Meet the HBCU Graduate Who Went on to Become the Youngest Chick-fil-A Franchise Owner in the Company's History!

Ashley Lamothe, the youngest franchise owner in Chick-fil-A history

At age 26, Ashley Lamothe became the youngest franchise owner in Chick-fil-A history. But her story with the company started many years before when she began working at a Chick-fil-A restaurant outside of Atlanta at the age of 15. Turned out, she liked the job, and when it came time to attend Spelman College, she began working at the Chick-fil-A restaurant near campus as a director on the leadership team.

Monday, October 1, 2018

Black Fashion Icon Wins Contract to Design Uniforms For 32,000 British Airways Employees

Ozwald Boateng, fashion designer for British Airways uniforms

Ozwald Boateng, a renowned African-British fashion designer, has been chosen by British Airways, one of the largest airlines in the world and the flag carrier of the United Kingdom, to design new uniforms for their 32,000 employees. The prestigious airline, which will be having their centennial anniversary in 2019, will highlight Ozwald's design of the new uniforms during the celebration.

Friday, September 28, 2018

Meet the First Black CEO of Chase Consumer Banking -- One of the Most Powerful Women in Banking!

Thasunda Duckett, first Black CEO of Chase Consumer Banking

Thasunda Duckett is the first African American to be CEO of JP Morgan & Chase Consumer Banking. Despite her humble means growing up, today Thasunda is responsible for overseeing a banking network with more than $684 billion in deposits and investments, nearly 50,000 employees, over 5,000 bank branches, and 16,000 ATMs.

Wednesday, September 26, 2018

How This Black Mother-And-Son Turned a Soap Business into an $850 Million Fortune

Mary and Richelieu Dennis, founders of Sundial Brands

In the 1990's, an African American mother and her son, Mary and Richelieu Dennis, launched a beauty and skincare product company now known as Sundial Brands/ Shea Moisture in their small apartment in New York City.  But recently, they sold 49% of that company to Unilever... and now it's worth $1.6 billion!



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. [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. [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. [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. [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. [Learn more...]