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Ep. 29 Season 2: The Value of Support
In 1969, the Minority Business Development Agency was established, under the Nixion administration. This decision impacted the loans given to minority-owned businesses, which increased by 24%. Additionally, a variety of programs were developed with the intent to alleviate the effects of systematic racism.
While many people view the support of Black-owned businesses as just an act of altruism, Black businesses also drive the economy. According to the DBA, Black businesses create more than a million jobs per year and generate 44% of the country's economic activity. Want to #MakeAnImpact in your community? Support Black- Owned Businesses. In today's discussion on the #MarketingMcCants podcast, I will go in-depth and share the value of supporting Black-owned businesses.
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By Cheryl McCants - Your Marketing Momma
5
44 ratings
In 1969, the Minority Business Development Agency was established, under the Nixion administration. This decision impacted the loans given to minority-owned businesses, which increased by 24%. Additionally, a variety of programs were developed with the intent to alleviate the effects of systematic racism.
While many people view the support of Black-owned businesses as just an act of altruism, Black businesses also drive the economy. According to the DBA, Black businesses create more than a million jobs per year and generate 44% of the country's economic activity. Want to #MakeAnImpact in your community? Support Black- Owned Businesses. In today's discussion on the #MarketingMcCants podcast, I will go in-depth and share the value of supporting Black-owned businesses.