The State of Small Black-Owned Businesses

Here in Philadelphia, many of the black owned businesses are in health care, hospitality and retail, and the most impacted by the pandemic. Many of these businesses are going to go out of business, and those who survive will require more assistance both technical and capital than never. And while triaging the existing businesses from the scorching effect of the pandemic, we must not lose sight of what to do to help those who have been forced to close their businesses and thinking long term by laying the infrastructure to train and power the next generation of sustainable, scalable and reputable black businesses.

The event goal was to share available resources and to provide accessible tools to small business owners in the City of Philadelphia that will allow the opportunities to reimagine, rebuild, and expand within local communities. To discuss and develop a funding blueprint to address the underinvestment in black businesses in the city.