August is Black Business Month, a time to acknowledge and appreciate Black-owned businesses and what they represent in the effort for diversity and equality.
MONTGOMERY , Ala. - Black entrepreneurs play a valuable role in the nation’s economy. According to the U.S. Census Bureau’s most recent estimates, the United States has more than 161,000 Black-owned businesses, bringing in over $183 billion annually.
That comes out to about 10% of all American businesses. Nearly 40 percent of those businesses are in industries like health care, social work, repair and maintenance, beauty salons, and restaurants.The City of Montgomery is kicking off the month with a special event this weekend at the Montgomery Museum of Fine Arts.
On Saturday, Aug. 3, the Alabama Collective and Access Montgomery are kicking off Black Business Month with a Garden Party. The proceeds go to the MGM S.E.E.D. Grant. MGM S.E.E.D. is a grassroots initiative designed to empower and uplift small and minority-owned businesses by providing financial assistance along with essential resources such as mentorship, networking opportunities, and business development training to ensure the long-term success of its beneficiaries.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
“First ever Bolivian Fest DC Saturday, August 3 + Casa Kantuta returns Thursday, August 8”Welcome to the beautiful life
Read more »
What’s new in August 2024: 7 upcoming games to play this monthThe number of high-profile game launches heats up this August with games like Star Wars Outlaws, Visions of Mana, and Black Myth: Wukong.
Read more »
City of San Diego declares August Transgender History MonthSan Diego City Councilmember Jennifer Campbell said the proclamation stands against 'the rise in anti-trans hate.'
Read more »
3 reasons to open an 18-month CD before AugustThe opportunity to open a high-earning CD could soon be gone. Here's why you should open an 18-month CD before August.
Read more »
Westlake City Council wraps up zoning, other business ahead of August recessAs Westlake City Council heads into its August break, the July 18 meeting was a busy one, with council passing nine ordinances and scheduling a public hearing on another.
Read more »
Lollapalooza 2024: Here's what you need to knowThe four-day festival runs from August 1 to August 4 in Chicago's Grant Park.
Read more »