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In 2013 the Congressional Black Caucus Foundation invested $1 million in certificates of deposit at the bank to spur lending to the African American community. The number of African American banks fell during the Great Recession and Industrial Bank was the last African American-owned bank in Washington D.C. [5]
Title Beginning End Frequency Call numbers Remarks The Washington Afro-American / Washington Afro-American and Washington Tribune (1984–2015) [1] / The Afro-American: 1932 [2] or 1937 [3]
The following list shows companies with headquarters in Washington, D.C. Fortune 500's 2022 list of largest companies includes 16 with headquarters in the D.C. region. [ 1 ] Companies based in Washington D.C.
By May 2022, Afro Unicorn became the first Black-owned business to own a licensed character brand in major retail. Aside from haircare, the brand also offers apparel, accessories and toys. Shop Now
Black-owned brands on Amazon | Black-owned clothing brands | Black-owned soap companies | Black-owned gift ideas. Alaffia. Popular product to check out: EveryDay Shea Shampoo and Conditioner, $35.
The founders were James and Gustav Lansburgh. The company was known initially for supplying the black crepe used for the funeral of President Abraham Lincoln. [1] Lansburgh's installed the first elevator (wooden) in a commercial building in the District of Columbia. The company remained family owned until its acquisition by City Stores, Inc. in ...