Gregory Lowe II, an African American entrepreneur from New York City, launched 100 Coconuts in 2018 after he learned about the many health benefits that coconut water has. From that point forward, he became the first and only Black owner of a coconut water brand. Coconut water is known for its several nutrients that can help increase […]
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There have been plenty of times when I was walking through the airport or through a hotel and it dawned on me that I’d forgotten something important at home. Whether it’s lash glue or my electronic toothbrush, there always seems to be something that gets left behind that I need on my trip. Thankfully, serial […]
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8 out of 10 Black-owned businesses fail within the first 18 months. Lack of funding prevents most businesses from staying open long enough to be profitable. Government contracting offers opportunities for entrepreneurs to secure mid- to long-term contracts that will guarantee cash inflow. In 2014, cybersecurity expert, Lonye Ford, co-founded Arlo Solutions, a professional services company that provides cybersecurity and management consulting services to […]
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Uncle Nearest Premium Whiskey, the most-awarded American Whiskey or Bourbon of 2019, 2020, and 2021, has been ranked among the top 1,000 companies honored on the 2022 Inc. 5000 list. With growth of more than 3,000 percent since its first year, and nearly 700 percent during the capture period of this Inc. 5000 list, Uncle […]
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Byron Allen’s Allen Media Group (AMG) proudly announces the hiring of Michele Ghee to the position of president of Multicultural Advertising. In this newly-created role, Ghee will help AMG’s senior advertising and marketing executives to strategically work with brands for significant partnerships with the AMGportfolio, including theGrio digital, broadcast, and television network platforms, as well as the HBCU GO streaming appand […]
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Loyalty Bookstore, founded by Hannah Oliver Depp, is a space where Black people, people of color, and queer people can build community through their shared love of diving into books. While Good Morning America highlighted the Black and queer bookseller’s bookstore for Black Business Month, her mission is to champion Black and diverse voices each day it […]
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Venus Williams has received backing from some heavy hitters for her plant-based superfood nutrition company. According to a press release, Happy Viking has raised $2 million in an investment round led by Venus Williams, Serena Williams, Kevin Durant and Rich Kleiman’s 35V, Peloton Vice President of Fitness Programming Robin Arzón, professional golfer Michelle Wie West, soccer champion Megan Rapinoe, […]
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Swizz Beatz and Timbaland are suing Triller for breach of contract. The music producers and founders of Verzuz claim that the social media company has not paid them $28 million for the sale of the music series. The two multi-platinum music producers sold Verzuz, the popular online music competition series, to Triller in January 2021. […]
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When the business idea stems from your own need for something the market does not provide, it’s bound to be a hit! For 13-year-old Aaliyah, the idea for Awesomeliyou came from her own need to have a heating pad on the go due to the effects of her menstrual cycle. “One day I was on my period […]
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Black Girl Sunscreen is becoming more accessible to the masses. Founder Shontay Lundy leads the brand on a mission to formulate skincare products geared toward the Black community. As previously told you in an exclusive interview with AfroTech, Lundy had plans to expand into additional stores. “We will be accessible in a couple more stores which is great […]
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