by Daniel Johnson
August 4, 2025
In recognition of Black Enterprise Month, there are occasions nationwide.
As Nationwide Black Enterprise Month highlights the contributions and challenges of Black entrepreneurs, Capital B Information reported in April that the Trump administration insurance policies have created further hurdles for Black-owned companies. The report famous that the rollback of variety, fairness, and inclusion (DEI) initiatives has had a disproportionately damaging affect on Black People, significantly enterprise house owners.
Because the Florida Courier stories, a February memo from SBA Administrator Kelly Loeffler proposed decreasing the Small Deprived Enterprise (SDB) designation goal from 15% to the statutory minimal of 5%. Loeffler argued the change would profit veteran-owned companies. Nonetheless, the SDB program has traditionally helped handle obstacles confronted by Black-owned companies, and the proposed discount might restrict their entry to federal contracts and assets.
In June, Black Press USA reported {that a} proposed settlement to dismantle the Deprived Enterprise Enterprises Program was nearing approval however was finally rejected by a federal court docket.
Regardless of the hostile setting for Black-owned companies, they proceed to push on, decided to thrive whatever the obstacles positioned in entrance of them.
In recognition of Black Enterprise Month, the Broward County Black Chamber of Commerce will host its Nationwide Black Enterprise Month Reception on Aug. 7. In keeping with the occasion’s itemizing on Eventbrite, it should honor the contributions of Black-owned companies throughout South Florida.
In Oakland, the East Oakland Youth Growth Heart held its 4th Annual Black Futures Ball on Aug. 2, an occasion that each celebrates the vibrancy of Oakland whereas elevating cash for the youth served by the middle.
In keeping with its CEO, Selena Wilson, the Ball helps the youth by “offering not solely monetary help but in addition a platform to amplify creativeness, creativity, and radical imaginative and prescient. Impressed by works like Black Panther, Ironheart, and the brand new Superman, the Ball presents an area for attendees to dream boldly, costume boldly, and picture liberating futures rooted in pleasure and Black excellence.”
On Oct. 4-5, CultureCon 2025, the most important inventive pageant for inventive entrepreneurs, creators, and cultural influencers, is about to descend upon the Brooklyn borough and can characteristic community-building, hands-on workshops, a profession honest, and immersive activations.
Entrepreneurs like Mississippi’s Kenesha Lewis are offering hope and altering the narrative in areas which can be extra related to historic disenfranchisement than Black folks thriving.
As she advised NPR, “I’m actually excited for the younger folks to stroll in, and so they say, who’s the proprietor, and so they’re like, what? I had any person try this to me. Our Black individuals are waking up; they know that they’ll do that. I feel that we now have helped them to know that they’ll do that, they’ll succeed on this period.”
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