WeBuyBlack The Largest Marketplace For Black Owned Businesses

Searching for the right companies to do business with is sometimes like looking for a needle in a haystack. Whether a black owned business directory listing is for a black lawyer in Peoria, Ill., or an international cosmetic products company, the traffic these listings can send toward a company or firm is generally very targeted. The government has been providing small business loans and grant money for decades, but now it has programs specifically designed to help women and minorities obtain the financing they need to achieve their entrepreneurial dream.

Now, seven years after TWL first launched, Nnenna has cultivated over a quarter of a million fanatic Instagram followers and a swath of celebrity supporters via the offerings on her online shop Featuring a range of wraps inspired by West African expressions of head dress, Nnenna's mission is to make the art of head wrapping accessible and easy.

She's noticed that this has been happening to fellow Black creators as well, and hopes that this isn't just a moment," but rather, a shift to a more continued appreciation for Black-owned businesses. Not surprisingly, the demise of so many black-owned businesses this year also highlights the legacy of racism in America.

South African investment company Peotona Capital was founded in 2005 by four women—three black, one white—and now runs a successful portfolio of investments. It's important to support Black-owned businesses year-round, but the increased focus on supporting Black-owned businesses now is a meaningful form of economic protest," Giwa says.

Joining a Caribbean business directory is not the only way to market a company on the Internet, but it is a great way to realize very focused traffic. By making it easy to find products, services and events from historically marginalized communities, Katika is focused on increasing the visibility and accessibility of these businesses.

And while the wealth gap is a major factor, research is also showing that even in households with similar financial resources, home equity does not translate equally into start-up capital for Black and white homeowners. Blacks were nearly twice as likely as whites to be unemployed, the median household had only 59 cents for every dollar of income in the white household, and African Americans were three times more likely to live in poverty than whites.

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