ByBlack is the first national business certification program exclusively for Black-owned businesses. The billion-dollar scheme offers opportunities for young entrepreneurs to expand beyond in-house sales.
Online platforms like Etsy and Instagram have been essential tools for young business owners to independently launch their products and services, but growing a business venture beyond the early stages can be an expensive and tricky process.
In particular, the Black community in America faces a unique set of business ownership challenges due to the country’s history of systemic racism and injustices, such as being disproportionately denied loans and receiving marginalised retail space.
To help these companies gain traction, US Black Chambers Inc. (USBC) created the first national directory of Black-owned businesses. Completely free of charge, the extensive digital platform has provided a way for American entrepreneurs to put their company on the record.
Yesterday, the USBC proudly announced it will be joining forces with financial giant American Express to increase its business support through a new program called ByBlack.
Today is the day! With the support of @AmexBusiness , we are proud to present ByBlack Platform that now includes a unique, no-cost certification program exclusively for Black-owned businesses. For more information and to submit your application, visit https://t.co/puR5SkW6Ez. pic.twitter.com/7oacQxFhFd
— USBlackChambers Inc (@usblackchambers) September 8, 2021