Father and Son Launch Wig and Extension Line After Acquiring From Asian Owners

A 41-year-old Dante Lee, and his 15-year-old son, DJ, have made history as the first African American father and son duo to own their own line of wigs and extensions. With their recent acquisition of from its previous Asian owners, they have established themselves as key players in a multi-billion dollar industry where very few Black entrepreneurs have ownership. Lee […]

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The Athlete's Foot

Founder of Black-Owned Shoe Brand Signs Deal with The Athlete’s Foot

After shattering all the rules by becoming the first sneaker company ever owned by a woman athlete, Santia Deck, founder and CEO of Atlanta-based TRONUS, is now celebrating a new deal that makes her line of Black-owned shoes and slides available in-store at multiple locations of The Athlete’s Foot shoestore chain across the country. This is […]

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5 Black-Owned Tech Companies Looking For Investors

With thousands of Black-owned businesses left standing at the end of a very long line, Covid-19 PPP relief only served to further subjugate marginalized businesses in communities that depended on that program as a last hope. Two of the main industries affected are tech and venture capital firms, with a disproportionate 90% of available angel […]

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Historical Black Brazilian Community Produce Açai Pulp to Sell in Formal Market

Known for being touted as a so-called superfood, Açaí berry is predominantly cultivated in Brazil’s Amazon rainforest. With dark skin, ranging from purple to black, this tiny round berry is born in 20-meter trees and, mostly, in humid and wet soil. The fruit is cultivated by Indigenous people of the Amazon for nearly one thousand years, […]

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Black Athletes

5 of the Most Decorated Black Athletes Turned Entrepreneurs

What do all of theses Black athletes turned successful entrepreneurs all have in common? More than you think…let’s explore! #1. LeBron James: A Winner’s Mindset As rare of a generational talent as they come, LBJ is coming up on two decades as an NBA superstar. However, it is widely known that off the court “The […]

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Five to Nine

Black Women Founders Raise $4.25M for their Software Company, Five to Nine

Raising $4.25 million, co-founders of Five to Nine, Jasmine Shells and Denise Umubyeyi, are two of 250 Black women to raise more than $1 million in venture capital. According to a press release, their software company Five to Nine closed a seed round led by Black Ops Ventures with participation from Slack Fund and Cleveland Avenue. To […]

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Vending Machine

A Vending Machine Business Has Made This Gen Z Entrepreneur $119K

Maya Ray is what we call post-grad goals.  During her time as a college student, the Gen Z entrepreneur brainstormed a business idea that would have her financially set post-grad. A month after graduating from Georgia State University, the alumna launched FYC Vending — a vending machine company — which has generated $119,000 in sales, according to Business Insider. How […]

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Uncle Nearest

Uncle Nearest Premium Whiskey Invests $5M in Fellow Black-Owned Cocktail Company

In an effort to diversify the cocktail sector, Hella Cocktail Co. has received $5 million in funding from Uncle Nearest Ventures. A Partnership Created From A Shared Believe To Create An Inclusive Cocktail Experience According to a press release, the investment from Uncle Nearest Ventures fulfills Uncle Nearest Premium Whiskey’s mission to empower minority-founded, owned, and led […]

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Mental Health

Black Couple Launches Mental Health Clinical Practice in Tennessee

Meet Ben Roberts, LPC-MHSP, and his wife, Dr. Erica Roberts, EdD, the owners of Purposed Life, LLC, a Black-owned clinical practice in Gallatin, Tennessee, that addresses the mental, emotional, and social health of individuals and organizations in the Black community through innovative, evidence-based, and culturally relevant methods. Originally launched as Purposed Life Counseling back in 2017, […]

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Investment Fund

Black Investment Fund Raising $50 Million for Acquisitions That Will Help to Close Racial Wealth Gap

An emerging Black-led investment fund, Apis & Heritage Capital Partners (A&H), intends to raise $50 million to build its pipeline of acquired companies to help close the nation’s racial wealth gap. Started on Juneteenth 2021 by founding partners and Morehouse College graduates Todd Leverette and Phil Reeves, they hope to compile the money this year. Plans call […]

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