CEBA repayment deadline marks crossroads for Black small businesses amid economic uncertainty
Seventy-five per cent of businesses owned by a visible minority applied for a CEBA loan, compared with 65 per cent of all companies.
Retail & Online Distribution
BDM covers retail business and distribution channels in Canada and the U.S.
Couple builds one of the few Black-owned supplement manufacturing companies in US
To grow the business, the husband-wife team is looking for investors to take their product to the next level.
Black Paper Party secures $250K deal with Barbara Corcoran on ABC's 'Shark Tank'
The negotiations resulted in a $250,000 investment, with Corcoran acquiring a 10 per cent equity share.
Black single mother transforms $10K investment into a $3M Amazon delivery empire
When Amazon announced its search for partners to handle local shipments, Strother, without any prior transportation experience, decided to take a chance and applied.
‘The shop was our livelihood: Owners of Tata Hot Sauce Emporium searching for answers after water main break closes restaurant in East York
Tata Hot Sauce Emporium has a GoFundMe page for those who want to support it.
Black-owned luxury pet brand plans to donate five per cent of revenues to dog charities
From chihuahuas to cocker spaniels, the first style, L’Armure, is available in six sizes to fit most small to medium-sized dogs.
The Russell Innovation Center of Entrepreneurs received $800K grant from Walmart for PayPal Retail Academy
Walmart presented the grant to RICE on Monday, Oct. 2, at the Russell Center headquarters at 504 Fair St. SW in Atlanta.
Gently Soap founder Kristen Dunning strikes deal with cupcake boss Candace Nelson on ABC's 'Shark Tank'
The deal, which she struck with Nelson for 25 per cent of her sensitive skincare brand, included a $75,000 investment and access to the specialty beauty website Thirteen Lune.
JEMS by PENSOLE unveils first shoe produced at Black-owned HBCU factory and design studio
It is the first shoe to roll off the assembly line at its new first Black-owned footwear factory in the U.S. and was inspired by Jan Ernst Matzeliger, a Black inventor known for creating the lasting machine.
National Business League secures over $100M in purchasing contracts for Black-owned vendors as part of NBSDP program
Additionally, the NBL recently welcomed its latest cohort for the NBSDP — a group of 12 Black-led or owned businesses.
The Lip Bar makeup brand announces expansion in 3,000 CVS stores
The founder and CEO of The Lip Bar has announced that her brand will now be available at 3,000 CVS stores in the U.S.
Victor George Spirits expands to 36 Total Wine & More stores in Florida
Currently distributed in 45 states, the company’s brands include Victor George Vodka, the award-winning Fort Mose’ 1738 Bourbon and Victor George Caramel Vodka. It released its first flavoured vodka in January.