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Houston is internationally renowned for its world-class restaurants and cuisines and black owned restaurants play a big part in that. [118] For two weeks every year, many black-owned restaurants and black culinary professionals participate in this event that highlights their contributions to the city's food scene. [119] [120]
When Nickerson died in 1945, Houston assumed leadership of the company. At that time, Golden State Mutual Life Insurance Company was the seventh largest black insurance firm in the United States and the largest black-owned business west of the Mississippi. [2] [4] With Houston at the helm, Golden State Mutual continued its growth and expansion.
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.
In 2023, the US Census reported that there were 161,031 Black-owned businesses employing more than 1.4 million people in the US. Black-owned businesses have been growing rapidly since before the ...
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.
E.W. Taylor was a prominent 19th-century merchant who had served many years as president of the Houston Cotton Exchange Board, [1] and also brokered in slave trade. [6] Ann George, a 21-year-old black slave who was purchased by Edward Wyllys in 1856, was charged with overseeing young Edward's care. [1]