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 extra hurdles for Black-owned companies. The report famous that the rollback of variety, fairness, and inclusion (DEI) initiatives has had a disproportionately destructive affect on Black People, significantly enterprise house owners.
Because the Florida Courier experiences, a February memo from SBA Administrator Kelly Loeffler proposed lowering 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 tackle boundaries confronted by Black-owned companies, and the proposed discount may restrict their entry to federal contracts and sources.
In June, Black Press USA reported {that a} proposed settlement to dismantle the Deprived Enterprise Enterprises Program was nearing approval however was in the end rejected by a federal courtroom.
Regardless of the hostile surroundings 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 accordance 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 Middle 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 accordance with its CEO, Selena Wilson, the Ball helps the youth by “offering not solely monetary assist but additionally a platform to amplify creativeness, creativity, and radical imaginative and prescient. Impressed by works like Black Panther, Ironheartand the brand new Supermanthe Ball presents an area for attendees to dream boldly, gown boldly, and picture liberating futures rooted in pleasure and Black excellence.”
On Oct. 4-5, CultureCon 2025, the biggest inventive pageant for inventive entrepreneurs, creators, and cultural influencers, is ready to descend upon the Brooklyn borough and can function 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 informed NPR“I’m actually excited for the younger folks to stroll in, they usually say, who’s the proprietor, they usually’re like, what? I had someone try this to me. Our Black individuals are waking up; they know that they will do that. I feel that we now have helped them to know that they will do that, they will succeed on this period.”
RELATED CONTENT: Report Reveals Limitations Black Entrepreneurs Face, Regardless of Development And Financial Promise
