Announcing: The State Of Black Entrepreneurship Project

There are only four Black CEOs of S&P 500 companies (it’ll be five in March, when the sole Black female CEO takes the helm). Only 9% of businesses are Black owned and roughly 1% of Black-owned businesses have received venture capital funding. We know the stats, they’re nothing new. But For(bes) The Culture is on a mission to change things.

On Friday, we announced our yearlong
State of Black Entrepreneurship project through which we’re setting out to accurately define, rectify and create Black history. This initiative is multifaceted: It incorporates historical research that will unveil decades of forgotten and omitted Black business successes, plus new quantitative data and original multimedia storytelling that will illustrate how Black entrepreneurship stands across industries today—as well as where it’s headed.

As part of this initiative, we’re rallying fellow changemakers to join our campaign to move Black History Month observance to June—a time that holds more historical relevance and is advantageous for Black business owners. That said, a month, regardless of what month, shouldn’t be the only time we choose to celebrate, honor and support Black Americans. Because Black history
is American history. For(bes) The Culture and its community of trailblazers intends to be at the forefront of making this a 365-day, ubiquitous reality. Support our campaign here, and stay tuned for more!

Brianne Garrett

Brianne Garrett

Reporter, For(bes) The Culture Editorial Lead

Rashaad Lambert

Rashaad Lambert

Founder, For(bes) The Culture, Director, Culture & Community

Across Forbes

 
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Join us for the For(bes) The Culture Culturally Accountable Summit, happening on Wednesday, February 3, 2021. Sign up today to gain insights on preserving your mental wellbeing, salary negotiations, networking/relationship management and more.  We promise you’ll leave motivated with strategies to help you dominate in 2021. 

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