About Black Business Month
Founders John William Templeton and Frederick E. Jordan Sr. started the national holiday back in 2004 “to drive the policy agenda affecting the 2.6 million African American businesses,” according to the official website.
During the 31 days of August, Jordan and Templeton want local government officials, community leaders, and venture capitalists to focus efforts on creating a more hospitable environment in which black-owned businesses can grow. Jordan believes that supporting black business is the best way to lower the high rate of African American unemployment. “Economically, we’re way behind our ethnic counterparts, says Jordan, who sits on the board of California’s small business council and is president and chairman of the San Francisco African American Chamber of Commerce. “Most African Americans are still in a dire economic situation.Find out more
Other Observances on August 1st 2021