Yelp To Deposit $10 Million Cash Into Black-Serving Banks

Yelp announced on Tuesday that it will deposit just under 2% of its cash reserves, or $10 million, into financial institutions that support Black and underserved communities in the U.S. The $10 million will be divvied up among three banks.

Community support, Black Lives Matter movement have helped local Black-owned businesses

WESTCHESTER, N.Y. – At the start of 2020, Vivian C. Mackenzie had big plans for her small business. Mackenzie, the owner of Kathleen’s Tea Room in Peekskill, New York – known for its afternoon tea service featuring scones and finger

Entrepreneurs and corporate leaders unite in support of Black-owned businesses

When Jasper Kuria considers strategies for addressing racial inequity and social injustice in the U.S., he puts support of Black entrepreneurs at the top of the list. “It’s really about wealth inequality and opportunities for the Black community,” said Kuria.

Baltimore Ravens player Calais Campbell, Rockefeller Foundation launch Black biz fund

Rockefeller Foundation has pledged $75,000 to support the program alongside Campbell, who will be donating $125,000 This week on the Dear Culture Podcast, hosts Shana Pinnock and Gerren Keith Gaynor talk BLACK business. With a new presidency promising a lot

Coronavirus relief fund in Oregon meant to help Black-owned businesses exclusively

COVID-19 has proven to be an equal opportunity menace, killing people of all races and ethnicities. Government shutdowns put in place to slow its spread have hurt small businesses in every corner of America, but in Oregon, the state legislature

Comcast RISE Awards More Than 20 Black-Owned Small Businesses in South Florida

[SOUTH FLORIDA] – Two dozen Black-owned small businesses in Broward and Miami-Dade Counties have been selected among the first round of Comcast RISE award recipients. Comcast RISE will help thousands of small businesses impacted by the COVID-19 pandemic over the

Biden economic team faces challenge in delivering help to Black communities

Biden has received decent reviews so far for assembling an economic team that includes Black voices. If confirmed, Cecilia Rouse would be the first Black woman to head the Council of Economic Advisers and Wally Adeyemo, tapped to be the

Empowering Florida black businesses to thrive during unprecedented times

2020 has been a year that has brought many lessons, with one of the most important being the value small businesses bring to our local communities. Small businesses everywhere, especially here in Orlando, have been impacted by the pandemic, but

Stephanie Jones: New administration must do more for Black businesses

Stephanie Jones is CEO, National Blacks in Travel and Tourism Collaborative. As it appears that we will usher in a new era under a new administration in January, I am hopeful that more will be done by the incoming administration

BUSINESS ALCHEMIST: The impact of COVID-19 on minority businesses

COVID-19 has had a major impact on U.S. small businesses, especially “Main Street” establishments such as restaurants and retail stores. Black and Hispanic business owners have struggled the most. A recent study by the Bureau of Economic Research documents a

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