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Wednesday, December 7, 2016

Television Academy Gets First Black CEO In Its 70 Year History

 Hayma Washington, CEO of Television Academy

Hayma “Screech” Washington has been elected as chairman and CEO of The Academy of Television Arts & Sciences, also known as the Television Academy. Washington is the first African-American to hold the position of CEO in the organization’s 70 years of existence.

Monday, December 5, 2016

22-Year Old Entrepreneur From Madagascar Wins $25K in Business Competition

Meet Heritiaina Randriamananatahina, a 22-year-old agriculture entrepreneur from Madagascar, who had to drop out of school in the 6th grade but went on to become a successful entrepreneur. Randriamananatahina was the top winner in this year's Anzisha Prize, presented by The African Leadership Academy and MasterCard Foundation.

Tuesday, November 29, 2016

The First Black Woman in Space is Also a Successful Entrepreneur

Dr. Mae C. Jemison
Dr. Mae C. Jemison, entrepreneur and the first Black woman to go to space

You might say, 'The sky is the limit' when it comes to Dr. Mae C. Jemison. Not only was she the first woman of color in the world to go into space, but she is also a successful entrepreneur, having founded two technology companies and a non-profit organization.

Monday, November 28, 2016

Nigerian Entrepreneurs Find Sweet Success Selling Bottled 100% Raw Sugarcane Juice

Sugarcane Island founder

Three Nigerian entrepreneurs, based in New York City, have created a new, healthy 100% raw sugarcane juice beverage that they say is better for you than coconut juice. The unique beverage is cold pressed from carefully selected farm-fresh sugarcane stalks with no added sugar.

Thursday, November 24, 2016

African Billionaire Launches $100 Million Dollar Program for Black Entrepreneurs

Billionaire Tony Elumelu and other African entrepreneurs
Billionaire Tony Elumelu with other African and African-American entrepreneurs

Tony Elumelu, a Nigerian billionaire and philanthropist, has designed an entrepreneurship program that will disburse $100 million dollars in financial assistance to African and African-American entrepreneurs throughout the U.S and Africa.

Tuesday, November 22, 2016

Former NBA Star Jamal Mashburn Now Owns More Than 80 Franchises


Success on the court doesn't always lead to success off the court for many professional NBA players who retire from the sport. But for this former NBA player, it lead to owning 80 franchise locations and five car dealerships.

Monday, November 21, 2016

First Ever Black Female Doctor to Receive a Patent For a Medical Invention

Patricia Bath, First Ever Black Female Doctor to Receive a Patent For a Medical Invention

Dr. Patricia Bath is the first African-American female doctor in U.S. history to receive a patent for a medical invention, but in actuality. In 1986, she invented the Laserphaco Probe which helps treat patients with cataracts in their eyes.

Revolutionary Black-Owned Craft Beer Company Wins $200K Funding Competition

Ayla Bystrom-Williams, founder of Honeymoon Brewery

Being Black and a female did not stop Ayla Bystrom-Williams from beating out 13,000 competitors to win this year's Miller Lite Tap the Future competition in Chicago. Her company, Honeymoon Brewery, co-founded with her business partner/ boyfriend, James Hill, won the competition's $200,000 award.

Friday, November 18, 2016

How to Do Business in Africa -- and Why You Should Get Started Right Away!

Entrepreneur doing business in Africa

There are a lot of reasons why you should want to do business in Africa, which by the way is made up of 55 countries and home to 1.2 billion people.

First of all, U.S. trade to and from Africa has tripled over the past decade, and U.S. exports to sub-Saharan Africa has now topped $21 billion. Secondly, Africa is home to six of the ten fastest-growing countries in the world. And finally, the International Monetary Fund projects sub-Saharan Africa to grow between 5 and 6 percent each year over the next two years.

Tuesday, November 15, 2016

Entrepreneurs Create Mobile App That Pays Students for Getting Good Grades -- Already Has 500,000 Downloads

Founders of the Kudzoo app
Trevor Wilkins and Logan Cohen, co-founders of the Kudzoo app
Based in Pennsylvania, African American entrepreneurs Trevor Wilkins and Logan Cohen have created an amazing app called Kudzoo that motivates students to do well in school. The app, which is free to download, allows students to upload their report cards and be rewarded with deals, giveaways, scholarship opportunities, concert tickets, and once in a lifetime experiences based on their grades and achievements.

Monday, November 14, 2016

Fashion Entrepreneur Reveals How She Funded Her Idea to Target Plus-Sized and Curvy Women

Camille Newman, founder of Pop Up Plus
Camille Newman, founder of Pop Up Plus

Camille Newman, is the founder of Pop Up Plus, a very successful online fashion business that sells dresses (and confidence) to plus-sized and curvy women. Born to Jamaican parents, but raised in the United States, she learned the value of hard work, good work ethic, and pursuing business dreams.

Friday, November 11, 2016

Black-Owned Restaurant Facing Boycott After Catering a Trump Event

Chef Don Studvent taking a photo with some customers in his restaurant
Chef Don Studvent, a Black business owner in Detroit, Michigan, is under fire for catering an event for Donald Trump's son. His 7-year old restaurant, the 1917 American Bistro, serves well-prepared dishes ranging from grilled shrimp, salmon and chicken to blackened or deep-fried catfish. But they are facing a potential boycott by other African Americans and other protestors against Donald Trump's presidency.

Wednesday, November 9, 2016

The Newest Black-Owned Grocery Store on the Block -- Owned By a Former NFL Player

Tyrone Legette, founder of Black-owned grocery store

Former NFL superstar, Tyrone Legette, played for the New Orleans Saints and several other teams before retiring in 1998. Now he is another kind of superstar -- he is an entrepreneur who recently opened his own grocery store in Baton Rouge, Louisiana.

Monday, November 7, 2016

Teaching Black Entrepreneurs How to "Buy The Block" -- New Program Makes Real Estate Investing Easier Than Ever!

Lynn Da, founder of Buy the Block
Lynn Da, founder of Buy Black Economics and Buy The Block

Having successfully launched Buy Black Economics (the World’s Largest Digital Info Product Store dedicated to Black Businesses) as well as numerous other ventures, Lynn Da is excited to announce the creation of Buy The Block, an initiative that will allow individuals and groups to pool funds, share knowledge, and vote on properties in which to invest!

Saturday, November 5, 2016

Two Black Entrepreneurs Win Over $500K in Funding For Their Start-Ups

Su Sunni, co-founder and CEO of WeDidIt and Angel Rich, founder and CEO of the Wealthy Factory

Two Black entrepreneurs recently won over $500,000 in combined funding as part of the annual 43North Business Pitch Competition. Every year, an organization called 43North hosts a business pitch competition in which over 500 companies around the nation can pitch their business ideas in an effort to win up to $5 million in funding and investment capital.

Friday, November 4, 2016

8 Black-Owned Businesses That Make A Lot of Money During the Winter Season

Sonnia Shields and Rena Williams, founders of SoRen Tea; and Pattie Labelle, founder of Patti's Good Life Cakes

During the winter season, billions of dollars are spent in the United States on vacationing, buying food, and more. Companies like Walmart, Target, and even generate hundreds of millions of dollars in revenue during this time of the year.

Tuesday, November 1, 2016

Young Artist/ Entrepreneur Finds Success Transforming School Backpacks Into Art Masterpieces

Preston Mitchell, a young entrepreneur based in Nashville, Tennessee, has found huge success with his company Tatpack™, which offers a new innovative way of capturing creativity and artistic expression on backpacks. The company creates original, hand-painted, and customized backpacks so that his customers can not only wear a piece of art, but a piece of history in the making! He charges $150 to $300 per bag.

Monday, October 31, 2016

Black Entrepreneur Brings the Party With Her New Bus Franchise

Lenesia Cooper, founder of GoGo Party Bus

You might say that Lenesia Cooper is in the transportation business, but she is also in the event planning business. What exactly does she do? She has a family-owned business in Atlanta, Georgia that uses buses to bring the party to her customers. It's called GoGo Party Bus, and in many ways, it's a muvh better alternative to renting a limousine.

Friday, October 28, 2016

13 Amazing Black-Owned Software and Technology Companies

Black-owned software and technology company founders
Jibril Sulaiman, founder of Pay Sell Co; Ama Marfo, founder of Airfordable; and Jide Ehimika, co-founder of Noirbnb
There are hundreds of software and technology companies in the U.S. Some of the top well-known ones include Facebook, Twitter, Microsoft, and Google -- But there are also many successful technology companies in the U.S. that are Black-owned.

Tuesday, October 25, 2016

Woman Entrepreneur Makes $1.5 Million a Year Selling Chicken Wings

Tina D. Howell, entrepreneur and Wingstop Franchisee

Tina D. Howell, a mother of three and a former school teacher, realized that you don't have to reinvent the wheel to be a successful entrepreneur. So in 2003, she decided to open a Wingstop franchise in Miami, Florida. She went on to open a total of four franchises, and later divested interest in two of the locations. Now, as an award-winning entrepreneur, she generates about $1.5 million in annual revenue - making her one of the top production franchisees for the chain.

Monday, October 24, 2016

Lionel Richie Launches New Line of Luxury Home Accessories

Lionel Richie Home Collection

In addition to being a hit songwriter, producer and singer, 67-year old Lionel Richie is also now a designer of luxury home accessories. His new company, The Lionel Richie Home Collection, produces high-quality but reasonably-priced home decor items including dinnerware, glassware, barware, stemware, and even fragrant candles.

Sunday, October 23, 2016

Childhood Trips To Prison Gave This Entrepreneur a Very Profitable Idea!

Kristal Bush, founder of Bridging the Gap Transportation

Entrepreneurs often start businesses in order to fill a need or to solve a problem. That was the case with Kristal Bush from Philadelphia, PA. Her idea came from a very unlikely source - years of traveling to prison to visit her father.

Friday, October 21, 2016

Actress Keke Palmer Releases Two New Shoe Collections

Keke Palmer's shoe collections with Shoe Dazzle

Actress, singer, songwriter, and television personality Keke Palmer is up to her heels in style. In addition to all her other accomplishments, she has just unveiled her new shoe collection with Shoe Dazzle.

Monday, October 17, 2016

First Ever Black Woman-Owned Full-Service Security Firm Was Launched With Just $500 -- But Is Now A Multi-Million Dollar Enterprise!

Mary Parker is the genius entrepreneur that founded All-N-One Security - a thriving, multi-million dollar security enterprise with a workforce of more than 200 employees. Based in Atlanta, Georgia, her company is the first ever Black woman-owned full-service security firm, and one of the nation’s largest and most experienced, fully-certified security firms.

Friday, October 14, 2016

$62 Million Dollars Gone -- Another NBA Player Files For Bankruptcy

Darius Miles, former NBA player

Darius Miles, a former player for the L.A. Clippers star, has filed for bankruptcy. The 6 ft 9 in professional basketball player was the 3rd overall pick in the 2000 NBA draft and played for the Los Angeles Clippers. His nine-year contract earned him $62 million, but now it's gone. It's hard to comprehend $62 million gone so quickly. What happened?

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