This week (October 14), it was announced that the BIG3 basketball league has been certified as a Black-owned and operated business by ByBlack and US Black Chambers, Inc. The announcement makes the BIG3, an innovative 3-on-3 competition, the first and only sports league to receive such official acknowledgment. The league was launched back in 2017Continue reading “Ice Cube’s BIG3 Officially Certified As First Black-Owned Sports League”
Tag Archives: BLACKOWNEDBUSINESS
Instagram launches labels for Black-owned businesses
The new initiative is part of Instagram’s recently formed equity team’s ongoing investment in creating more economic opportunity for Black-owned businesses. Instagram is making it easier for people to discover Black-owned businesses directly on its platform. This week, the popular social media giant with over 1 billion monthly users launched a “Black-owned” label for companies on itsContinue reading “Instagram launches labels for Black-owned businesses”
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IPSY Provides Update To Its $5M Investment Into Black-Owned Beauty Brands
Essence.com HERE’S HOW THE ‘BEAUTY AMPLIFIED’ PROGRAM HAS HELPED THESE BUSINESS OWNERS. Black beauty business has all eyes on its market due to the monetized value our community brings in. Last year, we saw a well-needed boost of support from Black-owned brands and this summer IPSY – the largest beauty subscription service, made a commitment that theContinue reading “IPSY Provides Update To Its $5M Investment Into Black-Owned Beauty Brands”
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Pharrell Williams launches Black ambition non-profit initiative
“With Black Ambition, the goal is to help strengthen the pipeline of talented entrepreneurs and close the opportunity and wealth gaps derived from limited access to capital and resources,” Pharrell Williams said. Pharrell Williams has announced Black Ambition, a non-profit initiative that aims to provide a bridge to success for Black and Latino entrepreneurs who are launchingContinue reading “Pharrell Williams launches Black ambition non-profit initiative”
Two Black-Led Banks Merge to Form a $1 Billion Lender
A merger announced Wednesday will create the nation’s largest Black-controlled bank and the first with assets of more than $1 billion. Broadway Federal Bank, a Los Angeles-based commercial lender founded in 1946, will combine with City First Bank in Washington, which opened in 1998. Brian E. Argrett, chief executive of City First, will be chiefContinue reading “Two Black-Led Banks Merge to Form a $1 Billion Lender”
A black female-owned company was flooded with hate speech and 1-star reviews after it was featured in a Target commercial
A black female-owned feminine hygiene company was bombarded with negative reviews and online abuse after it was featured in a Target commercial, but its founder says the experience has “turned out to be a really beautiful thing.”The ad showcases The Honey Pot Company and has been running since early February, but it got thousands of one- andContinue reading “A black female-owned company was flooded with hate speech and 1-star reviews after it was featured in a Target commercial”
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