funding

SheaMoisture has teamed up with Angela Yee for the creation of a grant program for Black entrepreneurs using their businesses to drive community impact.

In February, President Barack Obama announced an initiative to respond to the economic, employment, and educational disparities that young men of color face as they enter their adult lives. He said the five-year, $200 million cause would be “an interagency effort to improve measurably the expected educational and life outcomes for and address the persistent opportunity […]

Last month, the Centers for Disease Control and Prevention allocated an estimated $115 mil to 21 organizations around the country that support HIV/AIDS awareness, treatment and prevention. Not one of the organizations that received the funds is black-operated. Roland Martin and a panel of guests discussed the disparity on his Tuesday “NewOne Now” show. Martin […]

Monday, the “NewsOne Now” panel discussed a recent Wall Street Journal report that found black-owned businesses receive just 1.7% of the $23.09 billion in total SBA loans. According to the WSJ: Black entrepreneurs have largely missed out on a rebound in federal small-business lending since the financial crisis ended. More than four years into the […]