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(Black PR Wire) August marks Black Business Month, a time to recognize and celebrate the achievements of Black-owned businesses and entrepreneurs. From local shops and service providers to tech startups and creative powerhouses, Black entrepreneurs continue to shape industries, create jobs, and build generational wealth. According to the U.S. Small Business Administration Office of Advocacy, Black business owners own 3.5 million businesses and employ more than 1.2 million people.
Black Business Month serves as a reminder of the importance of economic empowerment and the role that Black businesses play in building stronger, more vibrant communities. By supporting Black-owned businesses, we can help create jobs, stimulate economic growth and foster a more equitable society.
Here are a few ways you can support Black businesses:
- Buy from Black-owned brands – whether online, in-store or in your neighborhood.
- Spread the word – word of mouth goes a long way, so share your favorite Back-owned businesses on social media, and with a family member or friend.
- Network and collaborate – connect Black-owned businesses with new opportunities.
As we celebrate Black Business Month, we honor the hustle and achievements of Black entrepreneurs, and call on our community to shop Black, share Black, and invest in Black excellence.
https://advocacy.sba.gov/2024/02/01/facts-about-small-business-black-ownership-statistics-2024/