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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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On Dec. 1, longtime AFRO General and Circulation Manager Edgar Brookins, 74, died at Walter Reed Medical Center in Bethesda, Maryland. Since his passing, social media tributes have been pouring in, as well as personal reflections sent to this reporter and AFRO staff.  “Farewell to Brother Edgar Brookins! He lived and Omega life to the […]

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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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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 […]

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