AfroTech Oct. 28, 2021 Samantha Dorisca The NAACP has sealed a partnership with Hello Alice, and it’s a pinnacle moment for Black entrepreneurs. In hopes of creating a new future for Black businesses, the civil rights organization will be acquiring an ownership stake in …
Continue ReadingCategory Archives: Racial Justice and Economic Equity
$750,000 Knight Foundation grant to expand pilot Wi-Fi initiative in Detroit’s North End
Crain’s Detroit Business Oct. 29, 2021 Sherri Welch A grant from the John S. and James L. Knight Foundation will help expand high-speed Wi-Fi access in Detroit’s North End neighborhood. The $750,000 grant to the Equitable Internet Initiative will support …
Continue ReadingVH1 Explores What it Means ‘Growing Up Black’ in Detroit for Digital Series
The Detroit News Oct. 26, 2021 Maureen Feighan An array of Black artists, poets and entrepreneurs are sharing their experiences growing up in Detroit on the latest installment of VH1’s Youtube series, “Growing Up Black.” “Growing Up Black: Detroit” premieres at …
Continue ReadingKresge Foundation Among First Annual City of Detroit Arts and Culture Honorees
Detroit Free Press Oct. 27, 2021 Duante Beddingfield Detroit Mayor Mike Duggan commemorated International Artist Day this week with an announcement of the inaugural Detroit ACE Honors, which salute achievement by artists and arts patrons who have contributed more than …
Continue ReadingReport: Black Women Most Likely to Take Advantage of Educational Options Offered By Employers
Knowledge really is power, especially in the workplace. Fortunately, Black women are well aware of this and are taking full advantage of the resources needed to advance their careers, a new survey says.
Continue Reading$50 Million Minority-Owned Cannabis Facility Breaks Ground in Detroit
Former NBA All-Star Chris Webber broke ground on a $50 million cannabis operations and training center in Detroit’s trendy Corktown neighborhood. Players Only, a Black-owned business that Webber co-founded with entrepreneur Lavetta Willis, will focus on cannabis cultivation and retail, brand partnerships …
Continue ReadingPanel: How Black- and Diverse-Owned Small Businesses Can Access Funding
Key Takeaways Start building a relationship with financial institutions and lenders before you need capital. According to Jones, “waiting until you need capital to build that relationship is too …
Continue ReadingMichigan Awarded Economic Development Grant from U.S. Commerce Department
On Oct. 21, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) has begun awarding its historic $3 billion in American Rescue Plan funds to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks.
Continue ReadingStellantis, National Business League Launch Black Supplier Development Pilot
Crain’s Detroit Business Kurt Nagel Stellantis and the National Business League have started a supplier development program intended to boost 13 Black-owned businesses initially and 3 million in the long term. The pilot of the National Black Supplier …
Continue ReadingMichigan Women Forward’s Annual WomanUp & Pitch Competition Returns, Apply by Nov. 10
Michigan Women Forward (MWF), the only public, statewide foundation devoted to Michigan women and girls’ economic and personal well-being, is looking for women entrepreneurs who want to start or grow an existing for-profit business that is at least 51% women-owned. …
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