President Joe Biden recently signed the PPP Extension Act of 2021 into law, extending the Paycheck Protection Program an additional two months to May 31, 2021, and then providing an additional 30-day period for the SBA to process applications that are still pending.
The newly enacted child tax credit, which will put an average of $221 per month into the pockets of families earning $150,000 or less with children, would make housing go from unaffordable to affordable for roughly half a million American families.
A new CBD wellness line of products by Cannabelo Inc., which is a black female-owned company and founded by Steph Cence, recently launched its online store, www.ilovepurely.com, highlighting all natural, vegan, gluten-free CBD gumdrops – derived from hemp. Cannabelo, Inc. says the secret to making CBD products that work is using real ingredients + quality hemp.
Popular TV shows like “Shark Tank” and “The Profit” have put angel investors front and center. But, according to Dr. Shanté Williams, angel investing is not only for the rich and famous sharks. Her highly-anticipated book “Black Angels: The Wealth Edition” is a practical guide that reminds readers that they don’t have to be millionaires to start angel investing.
Meharry Medical College President and CEO Dr. James Hildreth has been named by President Joe Biden as a member of his COVID-19 Health Equity Task Force.
In her first year, Chicago City Treasurer Melissa Conyears-Ervin’s office revolutionized the way cities invest in, and contract with, financial institutions.
The recently launched BLQK Coffee is serving caffeine with a cause, having committed to pouring 25 percent of their profits into the support of social justice initiatives. Coffee lovers can now purchase the coffee online at BLQK.Coffee.
As we honor notable accomplishments of trailblazers from the past during Black History Month, it’s also important to recognize the leaders who are blazing trails today.
The National Women’s Business Council (NWBC) has released its 2020 #LetsTalkBusiness Roundtable Series Report, a collection of testimonials from women entrepreneurs on current challenges and opportunities associated with access to capital, childcare, and patenting and trademark
Boys & Girls Clubs of America has named H Walker as its new Diversity, Inclusion and Equity Officer, underscoring the organization’s ongoing commitment and legacy of building opportunity and great futures for kids and teens. Walker will be charged with building upon the diversity, equity and inclusion strategy and creating new initiatives for Boys & Girls Clubs nationwide and key organization partnerships.
UNest, the first-of-its-kind mobile app that helps parents invest in their children’s future financial wellness, has announced the results of a survey that it commissioned focused on family
savings through the pandemic. The survey, conducted by The Harris Poll and Caliber Intelligence on behalf of UNest, has shown that despite new financial strains from COVID-19, parents conclusively place their children’s future as their most pressing savings goal.
Goalsetter, a Black-owned kids and family finance app that provides a next-generation, education-first banking experience for U.S. kids and teens, recently announced its seed capital raise of $3.9 million.
Damien Dwin, a Black American businessman, philanthropist and veteran investor, recently announced the official launch of Lafayette Square Holding Company (“Lafayette Square”), an impact-driven, minority owned investment platform.
A new study released recently by Xiaomi, a global leader in smart devices, found that since March 2020, 70% of consumers have reported making changes in their living environment due to spending more time at home during the pandemic, and more than half (51%) have reported purchasing at least one smart device during that period.