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39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
In the United States, black-owned businesses (or black businesses), also known as African American businesses, originated in the days of slavery before 1865. Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
However, they remarkably bounced back even faster, opening 28% more businesses than pre-pandemic. Black-owned businesses in the U.S. are major contributors to the economy, generating $206 billion ...
Pages in category "Black-owned companies of the United States" The following 61 pages are in this category, out of 61 total. This list may not reflect recent changes .
The 15 Percent Pledge is a US-based non-profit organization that encourages retailers to pledge at least 15 percent of their shelf-space to Black-owned businesses.The foundation conducts audits, shares its database of Black-owned businesses, and offers business development strategies to participating companies.
In 2021, Black- or African-American-owned businesses brought in an estimated $183.3 billion in annual receipts, according to data from the U.S. Census Bureau.
The National Negro Business League (NNBL) was an American organization founded in Boston in 1900 by Booker T. Washington to promote the interests of African-American businesses. [ 1 ] [ 2 ] [ 3 ] The mission and main goal of the National Negro Business League was "to promote the commercial and financial development of the Negro."
Gurley bought 40 acres of Greenwood land in 1905 and, between then and the 1921 Tulsa Race Riot — during which many Black-owned businesses were destroyed and hundreds of area residents were ...