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As the country’s self-proclaimed oldest and largest trade group for Black businesses, the National Business League has announced new optimistic growth plans for the future that include building up one million Black businesses by the year 2025, according to Black Enterprise . After celebrating their 120th anniversary recently, the D.C.-based business advocacy group — founded by famous American educator Booker T. Washington — has recognized the importance of uplifting Black-led businesses during this time, Stupid Dope reports and is actively working to expand their reach. “Booker T. Washington’s vision is more relevant today than it was 120 years ago, as a new generation of unapologetic Black leadership takes the helm,” said NBL President and CEO Ken L. Harris, Ph.D., in a press statement . “The revolution won’t be televised; it shall be digitized.” According to Black Enterprise , the organization has developed a plan that includes taking their membership drive from 120,000 people to...
As part of the union of companies creating funds to assist Black businesses impacted by COVID-19, Comerica Bank is making a move to pledge $1 million over the next four years to the National Business League. According to a press release , the Dallas-based bank’s commitment is a part of a national partnership called the Black Capital Access Program, an “initiative to support Black businesses across the country.” Comerica Bank is proud to announce its $1 million commitment to the @NBL1900 as part of a national partnership that will launch the Black Capital Access Program that will help support Black-owned small businesses. https://t.co/klKf8kQM2B #ComericaCares #RaisingExpectations pic.twitter.com/ouHPbgq4nL — Comerica Bank (@ComericaBank) June 19, 2020 The new program — described as being a “one-stop online platform for Black-owned businesses” — is set to pilot over the next three months and will touch its five primary markets in Texas, Arizona, California, Florida, and Michigan, the...
The National Business League is ready to go digital and lead the charge in helping Black businesses transition into the online business sector. The COVID-19 outbreak has forced many businesses to develop new online savvy models, and NBL is following suit. The NBL has raised $1.8 million from several national tech firms to create a digital platform for Black businesses’ digital needs. Black Enterprise reports that top investors were Computech CXL, a business enterprise technology firm and — MPS Group, a manufacturing firm. Chairman of MPS Group, Charlie Williams feels honored to invest in a historic company that continues Booker T. Washington’s legacy. “It is an honor to help launch the National Business Leagues 120-year-old legacy founded by Booker T. Washington into the technology age, as the nation’s premier digital solutions provider for black businesses throughout the globe,” Williams told Black Enterprise. According to Black Enterprise, the NBL has a new website and mobile...