Posted inBUSINESS

Black-owned Market Fresh Gourmet strives to fight food deserts in the Baltimore-Washington Metropolitan area

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com Growing up in Seat Pleasant, Maryland, the only food that Mario Minor had access to was from corner stores and fast food restaurants. His options comprised frozen and fried meals with high sodium, fat and sugar.  While working out kept Minor looking healthy […]

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Deadline for Reimagine Main Street and The WELL’s Backing Black Business grant closes Wednesday

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com The Women’s Entrepreneur Leadership Lab (The WELL) recently partnered with Reimagine Main Street, a multi-stakeholder, cross-sector initiative focused on the recovery of small business from COVID-19, to launch the Backing Black Business grant program.  Backing Black Business will award $2 million worth of […]

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Knight Foundation study finds lack of representation in asset management industry for diverse-owned firms

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com #AFRONews@Noon The John S. and James L. Knight Foundation (Knight Foundation) on Dec. 7 released a new study about diversity in the asset management industry, which found that although diverse-owned asset management firms perform just as well as their White competitors, they manage […]

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Deluxe’s Small Business Revolution backs local journalism by revitalizing Black-owned Minnesota Spokesman-Recorder

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com #AFRONews@Noon For Tracey Williams-Dillard, running a newspaper was a birthright. Her grandfather, Cecil Newman, founded what’s known today as the Minnesota Spokesman-Recorder in 1934 to serve as a trusted voice for the African American communities living in the Twin Cities.  Today, Williams-Dillard is […]

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Enterprise Community Development launches accelerator program to benefit BIPOC, community- and faith-based developers

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com Baltimore-based Enterprise Community Development recently launched the Let’s Build Accelerator to address the equity gap in the real estate and development industries. With its initial $5 million equity investment, the nonprofit will partner with Black, Indigenous, and people of color (BIPOC) community and […]

Posted inBaltimore Community

Baltimore Together report lays out economic development strategy that prioritizes building an equitable economy for BIPOC communities

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com The Baltimore Development Corporation (BDC) recently released its final Baltimore Together report after two years of gathering insights, feedback and recommendations from over 300 diverse stakeholders.  The report serves as the city’s comprehensive economic development strategy for the next five years. A major […]

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Greenbar addresses Prince George’s County’s need for healthy food options

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com In the midst of the COVID-19 pandemic, Brandon Barksdale and Sharisse Barksdale-Lane, developed the concept for Greenbar, a fast-casual restaurant committed to providing healthy, fresh and whole foods. The brother and sister duo decided to dive into entrepreneurship with the eatery after they […]

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JPMorgan Chase and Youth Guidance partner to provide better access to economic opportunity for young men of color

By Megan Sayles, AFRO Business Writer Report for America Corps Member msayles@afro.com JPMorgan Chase and Youth Guidance announced on Wednesday that they would team up to expand their respective programs, The Fellowship Initiative (TFI) and Becoming a Man (BAM), to D.C. for young men of color. Both programs will target male students of color from […]

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