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.

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

Cartoon Network and Black-owned animation studio launch awards show honoring Black animators

Cartoon Network Studios is partnering with animation house Black Women Animate to establish the Black in Animation Awards Show. The online event will be held Sunday and aims to recognize Black creatives who have left a tremendous mark and continue

Arizona’s only Black-owned brewery launches this week. Say hello to Kitsune Brewing

Corrections & Clarifications: A previous version of this article omitted that Beast Brewing Company in Bisbee was also a Black-owned brewery. Home brewer Tyler Smith first connected with north Phoenix’s Simple Machine Brewing Company in June. He was hoping to

Streaming Service Philo Donates $1 Million In Ad Impressions For Black-Owned Businesses and Social Justice Organizations

(Image: Philo) Entertainment and lifestyle streaming TV service Philo has just announced an initiative that will place $1 million in ad impressions for over 20 Black-owned businesses and social justice organizations. Philo, in a commitment to support various Black-owned businesses

Support Black-Owned Businesses With Facebook’s #BuyBlack Friday Gift Guide

After announcing the #BuyBlack Friday campaign in the US earlier this month, Facebook is now promoting a #BuyBlack Friday Gift Guide. Black-owned businesses have been closing at twice the rate of other small businesses in the United States, making them

Asheville goes from ‘race-neutral’ to ‘race-conscious’ business policy; Black businesses had 0.5% of contracts: study

ASHEVILLE – Following a study showing 0.5% of city contracts went to Black businesses, the City Council has said it will move from a “race-neutral” policy to a “race-conscious” one that sets goal for minority businesses contracting. The new business

Facing pressure and anger, Emory student government agrees to purchase 400 copies of anti-racism book

The Student Government Association at Emory University has approved a measure to purchase up to 400 copies of an anti-racism book from a Black-owned bookstore in Atlanta after facing pressure and backlash for stalling the decision. The bill, an edited

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