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Black Entrepreneur To Buy 68,000-Square-Foot Property To Create Opportunities For North Minneapolis Businesses

North Minneapolis entrepreneur and activist Jesse Ross is looking to redevelop a building that will serve as a home for small business owners in the community.

Nov 7, 2022

Kevin Hart's New Tequila Brand Will Donate A Portion Of Its Proceeds To Supporting Diverse Entrepreneurs

Kevin Hart may be ready to conquer a new industry. According to a press release, the entertainer and businessman teamed up with tequila producer Juan Domingo Beckmann to launch a new tequila brand, Gran Coramino™. The pair merged Beckmann’s knowledge of the tequila industry with Hart’s drive to produce top-quality tequila in hopes of creating community. Now, the entrepreneurial venture, which was two years in the making, has led to a “perfectly smooth and uniquely balanced Reposado Cristalino tequila” made in the oldest distillery in Latin America.

May 4, 2022

Uber And Visa Are Dedicating $1M To Small Minority-Owned Businesses

Uber and Visa have linked up to support small businesses as the new year continues to unfold. The company has announced its Grants For Growth program which will provide small businesses in 10 U.S. cities with $1 million in funding, according to a press release. The program will be led by Local Initiatives Support Corporation (LISC) with a focus on restaurant recovery and entrepreneurship. “We know that this year has been trying for many and that independently-owned businesses continue to face significant business challenges,” said Sarfraz Maredia, VP of the US and Canada Delivery at Uber in an official press release. “Uber and Visa are committed to supporting SMBs, especially through unexpected events, when they may need us most.”

Jan 10, 2022

Allow Us To Introduce You To ZmBIZI, The Smartphone That Will Turn Your Free Time Into Dollars

Imagine getting paid just for using your phone? Now you don’t have to with ZmBIZI’s new device. The Z2 is the next evolution in smartphone technology, which allows users to be rewarded in the form of ZmBIZI Coins for using partnering applications, shopping, sharing, and searching on the device. When a user has garnered enough data on their smartphone they can redeem their funds. Each ZmBIZI Coin is valued at $0.01 USD and once users reach $20, the funds will be funneled to the MBZ digital Visa Card, where they can enjoy their earnings freely. “Just being able to look at your phone and get paid is not what is happening today. What is happening today is you are looking at your phone three to 400 times a day, but Apple, Samsung, and everyone else is not giving anything back to you and they have no intention to,” Alpesh Pate, Co-founder of ZmBIZI, told AfroTech. He continued: “What we have created is a device that empowers people to become better than what they are today. We put power...

Dec 22, 2021

The United States Best And Worst Cities To Start A Business

A recent study published by NBC News revealed that North Carolina is the best state to start a business in. But which state is the worst? LendingTree provided their research to NBC News, and their studies concluded that three of North Carolina’s top cities — Raleigh, Charlotte, and Durham — offer the best places for small businesses to get started. Raleigh takes the top spot, while Charlotte is at No. 3, and Durham is at No. 4. “54.8% of Raleigh’s population is in their prime working years between ages 25 and 54, ninth-highest among the 100 metros,” reports the study. Austin, TX, meanwhile, takes the No. 2 spot. In fact, according to the study, the South holds five of the 10 top ten spots in the United States to open a small business. Aside from North Carolina, states like Idaho (with Boise, ID, coming in at No. 5) and Tennessee (with Nashville coming in at No. 9) also made the top of the list. But, which states are the worst states to open a new business in? At the top of the list...

A$AP Ferg Teams Up With Snapple To Save New York City Bodegas

A$AP Ferg is giving back to the unsung heroes of New York City by spotlighting local mom-and-pop corner stores. According to Variety, the Hip-Hop star took note of how the COVID-19 pandemic was affecting the plight of the city’s independent corner stores, so he teamed up with Snapple to develop a merchandise line and raise money for them. Funds raised from the partnership will reportedly go toward the Bodega and Small Business Group (BSBG) — a Hispanic organization that helps support small business and bodega owners located in New York. “As a native New Yorker on the pulse of music and art, A$AP Ferg was the perfect creator to collaborate with on this initiative,” Katie Webb — Keurig Dr Pepper’s vice president of brand marketing — shared with Variety. “It’s an authentic partnership that gives back to Snapple’s roots and highlights the enduring culture of New York City.” In addition to raising money, BroBible reports that Ferg also worked alongside Snapple and director Shomi Patwary...

Aug 4, 2021

Places With the Most At-Risk Businesses During the Coronavirus Pandemic

The coronavirus pandemic has crashed the U.S. economy and brought certain industries to a near standstill —  including retail, entertainment, food and accommodations. Cities that have traditionally relied on these sectors to employ their citizens may be particularly vulnerable. A new LendingTree study ranks the 100 U.S. metro areas with the most retail establishments to see which ones stand to feel the biggest pinch. Researchers found that mid-sized cities are at greatest risk. Six of the top 10 cities are in the Sunbelt. Key findings Myrtle Beach, S.C. ,  has the highest concentration — 35.4% — of local businesses in the retail , entertainment, and food and accommodations sectors (the U.S. Census Bureau groups food services and accommodations as one sector). Salisbury, Md., is in second place . Nearly one-third of all businesses here (32.3%) are in one of the affected industries. Scranton, Pa., comes in third with 28.8% of establishments in vulnerable industries . Larger cities...

Apr 23, 2020