I’m very moved by the Black Lives Matter movement and was disappointed to learn how much harder it is for black-owned businesses in the US.
“More than half of companies that have black owners were turned down for loans, a rate twice as high as white business owners. The report found that while black-owned firms were the most likely to have applied for bank financing, less than 47% of these applications were fully funded. Even when black business owners get approved, their rate of failure to receive full financing is the highest among all categories by more than 10%.” [Source: The Guardian]
With that said, what are some local Black-owned businesses to support in the area?