Economy

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Economy

Black Founder Raises $5.1 Million to Revolutionize Manufacturing Procurement

Will Drewery, the founder and CEO of Diagon, a Black-owned tech platform that is transforming the manufacturing procurement industry, is celebrating having raised $5.1 million. Their innovative procurement platform promises a simpler, faster process for businesses seeking to build or expand their operations.The funding round was led by The Westly Group with support from Valia Ventures, Techstars, Foster Ventures, Foxe Capital, Anthemis Group, Ventures Together, and REFASHIOND Ventures: The Industrial Transformation Fund, according to Shoppe Black.Setting up new manufacturing facilities […]

todayMay 7, 2024

Economy

Two Founders Launch Black-Owned Academy Teaching Entrepreneurs How to Raise Capital

Meet Sean Teamor and Kyle Freeman, the dynamic duo behind Capital Raising Academy, the ultimate destination for mastering the art of funding and accelerating business growth. The academy has an 8-week program designed to equip entrepreneurs with the expertise to navigate the intricate world of capital raising successfully.Both Sean and Kyle have developed a comprehensive program that was meticulously crafted by seasoned professionals with decades of experience in finance, investment banking, and entrepreneurship. Attendees learn everything from crafting compelling pitches […]

todayMay 6, 2024

Economy

Black Couple Launch Fastest-Growing Education Platform Teaching Financial Literacy and Real Estate

Meet J. Whit and his wife, Joy, the founders of Ask Whit, a groundbreaking Black-owned education platform that is dedicated to providing essential resources and knowledge to empower African Americans in personal credit, business credit, and real estate. Based in Charlotte, North Carolina, this entrepreneurial couple is very passionate about financial empowerment, and they built their platform to help bridge the gap in financial literacy and economic empowerment.The launch of Ask Whit will unfold in three phases, each focusing on […]

todayMay 3, 2024 1

Economy

Black Motivational Speaker Redefines Success in Business and Life Through Martial Arts Principles

Willie "The Bam" Johnson, a respected African American figure in the martial arts, business, and motivational realms, proudly introduces his high energy and groundbreaking Warrior Mindset motivational speaking sessions. Drawing from his incredible life from “street kid” to incarceration and homelessness to global recognition and success, combined with his extensive experience as a martial artist, coach, and mentor, Johnson aims to equip individuals, teams, and business and non-profit organizations with the mental fortitude and resilience needed to overcome the competition, […]

todayMay 2, 2024

Economy

This Black Entrepreneur’s Dog Grooming Business Makes $1.3M a Year

Gabriel Feitosa, a Brazilian dog grooming artist based in San Diego, California, and the owner of Gabriel Feitosa Grooming Salon, has turned his passion for grooming into a thriving business, making headlines for his artistic transformations of dogs.Originally from São Paulo, Brazil, Feitosa ventured into the booming global pet grooming market, which now exceeds $1.3 billion. His salon, staffed by 10 employees, handles around 20 dogs daily and 500 dogs monthly, with each pet receiving a personalized makeover rather than […]

todayApril 29, 2024 5

Economy

3 Black Siblings Make History as Possibly the Youngest CEOs Ever in the State of Maryland

Meet the Smith sisters — 5-year-old Tatiyana, 8-year-old Danyelle, and 10-year-old Jyniah — three African American siblings who are the youngest rising stars in Maryland, bringing a new energy of entrepreneurship and innovation to the youth landscape as members of a Youth Investment Program (YIPs1) offered by G1 Investment, LLC. These young stars have learned the essential components of taking a dream or a vision and turning it into a reality that will produce fruit for many years.These young business […]

todayApril 25, 2024 2

Economy

Black Tech Founder Teams Up with Stadiums to Fight Food Waste and Hunger Using AI

Aneshai Smith, founder and CEO of GO See The City, has spearheaded a game-changing partnership with Levy Restaurant Group, marking a significant milestone in the fight against food waste and hunger. Leveraging GO See The City’s Hariet.AI enterprise platform, this partnership has enabled GO See The City to divert surplus food from major stadiums, including Paycom Center Arena, home of the NBA’s Oklahoma Thunder, and now Oklahoma University's Memorial Stadium, where unused food from Oklahoma Sooners football games is being […]

todayApril 24, 2024 1

Economy

3 Formerly Incarcerated Men Launch Black-Owned Ready-to-Eat Meal Prep Company

Dave Lewis, Jarrette Atkins, and Fritz Georges, the founders of MacroBites, have made history after launching what is the first national Black-owned ready-to-eat meal service company. All three men were formally incarcerated, but are now successful entrepreneurs as their Asbury Park, New Jersey-based company paves the way in the industry of nutritious cuisine.When Lewis, who spent his twenties in prison, was released in 2013, he was determined to make positive changes, not just for himself but for his community. Teaming […]

todayApril 23, 2024 1

Economy

Meet the Black Dentist Helping Dental Practice Owners Break Free from the Grind

Dr. Evelyn Samuel, an African American distinguished dentist and efficiency expert, is leading a revolution in the dental industry, offering a lifeline to professionals overwhelmed by the demands of practice ownership. With a powerful combination of personal experience, expertise, and business acumen, Dr. Samuel is on a mission to empower dentists nationwide to reclaim their passion and build thriving practices.From childhood dreams of dentistry to the harsh realities of practice ownership, Dr. Samuel's journey is one of resilience and determination. […]

todayApril 22, 2024 1