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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:

Thursday, November 15, 2018

Meet the 13-Year Old Founder of Curlanista Hair Care Products (She Just Won $25K in Funding From Sally Beauty!)

Lexi Proctor, founder of Curlanista

At just thirteen years old, Lexi Proctor launched her own hair care line, Curlanista, because she wanted girls to feel empowered to wear their natural curls proudly. Her brand most recently received the top honor in the Sally Beauty Cultivate Program where they won $25,000 in funding and support to help grow their business.

Monday, November 12, 2018

Black-Owned Coffee Brand to Open 100 Cafés in China

Bethlehem Alemu, founder of Garden of Coffee

Bethlehem Alemu, an Ethiopian entrepreneur and one of Africa's most successful women, is unstoppable. After founding two very successful global businesses, Alemu has most recently launched Garden of Coffee in hopes of allowing the rest of the world to taste hand-roasted Ethiopian coffee. She is planning to expand to China where she is already set to open over 100 cafés!

Thursday, November 8, 2018

Ice Cube and LL Cool J Are Planning to Buy 22 Regional Sports TV Networks Worth Billions


Rap legends turned actors, Ice Cube and LL Cool J, are joining forces, this time not as musicians, but as part of a dynamic group of investors hoping to place a bid on 22 regional sports television networks that the U.S. Justice Dept is forcing Disney to sell after their previous $71 billion acquisition of 21st Century Fox.

Wednesday, November 7, 2018

Meet the Founder of Black Girl Ventures, Which Raises Capital and Funds For Black Women-Owned Businesses

Shelly Bell, founder Black Girl Ventures

Serial entrepreneur, Shelly Bell, launched Black Girl Ventures (BGV) because she wanted to create place-based initiatives to provide access to capital for Black and Brown women entrepreneurs. Her organization's mission is to use entrepreneurship support and training as a vehicle for poverty alleviation and wealth building. Black and Brown women founders are underserved, unbanked and underfunded... and Shelly says its time to change that!

Monday, November 5, 2018

Remy Ma Launches New Apparel Line to Benefit Incarcerated Women

Remy Ma

Recording artist and television personality Remy Ma has unveiled a new apparel line called the Remy Ma by Vim Vixen collection. "I'm really excited about this collection with Vim Vixen, not only because it has my name on it and the clothing is fly but because of what it stands for," states the "All The Way Up" rapper who is also preparing for the release of her sophomore album.

Friday, November 2, 2018

Meet the Creator of "Buy The Block," the Only Black-Owned Platform of its Kind Fighting Gentrification


Buy the Block, created by entrepreneur Linda (Lynn) P. Smith, is the only Black-owned crowd-investing platform that is helping Black communities build wealth while determining the direction of development in their communities. Developers go where the money is, and it’s an unfortunate fact that Black communities often lack that single wealthy investor who can back projects that will serve the community without changing the community.

Tuesday, October 30, 2018

$500 Million Later, Tyler Perry Finally Decides to End the Madea Franchise

Madea and Tyler Perry

Tyler Perry’s A Madea Family Funeral, which will be released in March 2019, will be the last film of the Madea franchise, according to Tyler Perry himself. The award-winning filmmaker made the announcement earlier this week during an interview on Sirius XM. “I just don’t want to be her age [still] playing her,” he said.



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...]