If current trends continue
It will take 228 years for the average black family to reach the level of wealth white families own today. In comparison, for the average Latino family, it will take 84 years to reach the same level.*
“Other races can live their entire lives without patronizing one Black-owned business in America. Black Americans do not have that same option with respect to non Black-owned businesses. Black Connect is dedicated to creating equal opportunity for Black people to be self-reliant and self-sustaining.”
History
Founded on June 3, 2019, Black Connect was launched shortly before the pandemic and has remained dedicated to developing an entrepreneurial ecosystem. Through the provision of programs, services, and networks of business support, the Black Connect ecosystem provides its members in the United States with access to capital, knowledge, and resources that advance their professional and entrepreneurial careers. With an emphasis on low and moderate income communities, Black Connect's holistic approach fosters the socioeconomic growth and empowerment of the Black community. The organization has expanded to operate local chapters in New York City, Tampa, Atlanta, and Tulsa.
Black Connect is the charitable arm of Blackconnect.com, the only Black- owned business and social networking platform created to enable entrepreneurial activities and promote the socioeconomic growth and empowerment of the Black Community. Blackconnect.com is the most comprehensive Black-owned business and social networking platform with members across the United States, Caribbean, Africa and the United Kingdom.
Black Connect is where people and businesses collaborate, educate, incubate, and innovate.
Our Mission
Black Connect is dedicated to eliminating the racial wealth gap in America by increasing the number and success rate of Black-owned businesses and advancing pathways to build Black wealth.
Our Vision
We envision thriving Black communities across every state in America and throughout the African diaspora.
* Prosperity Now, The Ever-Growing Gap: Without Change, African-American and Latino Families Won't Match White Wealth for Centuries, August 2016