Bussiness
August is Black Business Month. Find some local ones to learn about.
Did you know August is National Black Business Month?
I first heard of it last year while attending the National Association of Black Journalists in Birmingham, Ala.
Nationally, Black-owned businesses contribute to the economy, entrepreneurship, diversity as well as innovation.
And according to the Center for Family and Community Engagement, Black-owned businesses employ over 920,000 people across the United States and generate more than $150 billion in sales each year, but only account for 7% of businesses in the country, even though Black Americans make up more than 13% of the population.
Over the past few years, I’ve witnessed plenty of businesses popping up in and around Saginaw, many of them Black-owned.
Stroll through the SVRC Marketplace, the unofficial hub for minority-owned companies, and you’ll see a small sample of it.
Black Business Month is an opportunity for the community to learn more about local businesses.
In Saginaw, the CMURC co-working space on the second floor of the SVRC Marketplace provides office space for around 20 Black-owned businesses.
This includes the Randle family, who employs around 150 people through three businesses: PRH Construction, I Heart Mac & Cheese and the recently opened Bloom & Blaze.
This month, while you are out in Saginaw, find a Black-owned business to support or learn more about.
There are some great ones around. You might find a new product or service to add to your favorites.