Tag: BLAC Finance

Chemico, the largest veteran-owned, minority-owned chemical management firm in the nation, has received the prestigious 2022 Overdrive Award from General Motors.

There are more Black-owned businesses than ever before. Here's a list of 10 publicly traded companies that you may not have heard of, but should.

Black and Abroad® is changing the way the world sees Black travelers by celebrating our roots, culture, and innovation. Traveling the world with purpose

There has been a noticeable rise in Black business ownership since the beginning of the pandemic, and Black women are fueling it.  At the start of the pandemic, Black-owned businesses suffered. Between February and April 2020, Black business ownership dropped by more than 40%, the most significant drop of any...

A new survey from customer experience automation platform, ActiveCampaign, conducted by Dynata research shows that there has been a shift in consumers who want to make purchases or use the services of Black-owned businesses. And some of that shift has absolutely nothing to do with expensive online marketing campaigns.   ActiveCampaign engaged...

Talk and hashtags are not the answer in helping Black-owned businesses. After the deaths of George Floyd, Ahmaud Arbery and Breonna Taylor, the hashtag #shopBlack began appearing on social media as the country started a discussion about systematic racism.  But LaToya Williams-Belfort wanted Black businesses to show more tangible results as...

Procurement organizations are ramping up their supplier diversity programs following social unrest in the country last year.  According to a 2020 Gartner survey, 74% of procurement organizations said they intend to expand their use of diverse suppliers over the next 12 to 18 months.  Some believe that beginning a supplier...

While we can see some strident changes in many aspects of minority business ownership, from funding to start-up loans and assistance, commercial real estate remains a stark reminder that racial inequality in some sectors is alive and well.  Commercial real estate ownership remains a white male-dominated field, in part because...

Hedge funds usually generate some pretty intense yet risk-reward returns over the long run and it's not for the faint of heart.  And while we typically think of stocks like Etsy (NASDAQ: ETSY) sharing some bearish thoughts for investors.  Some of the top hedge-friendly stocks have seen an average of ...

With 38 states already legalizing cannabis in some form and many additional states looking at ballot measures later this year, legal cannabis continues to be a booming industry.  But the cannabis ownership landscape is anything but booming for people of color.  According to the Drug Policy Alliance, less than 1% of...

The pandemic has not been kind to businesses in every demographic and industry category, but a study from the University of Houston Hobby School of Public Affairs and the Houston Hispanic Chamber of Commerce (HHCC) found that it has been especially rough on Hispanic businesses.   The survey revealed that more...

The growth and future of Latin-owned businesses continue to look bright, according to a new report on Latino entrepreneurship from the Stanford University Graduate School of Business.  The school’s 7th annual report once again showed that Latin-owned businesses have weathered economic and COVID-related storms and outperformed white-owned companies in several...