Ohio puts assistance near entrepreneurs

Sunday, June 3, 2012 - 04:06

Minority business assistance network

Eight centers are located in community-based organizations near the concentrations of black entrepreneurship.

COLUMBUS -- With eight Minority Business Assistance Centers around the state, Ohio hopes to generate more Glory Foods among its black-owned businesses, according to Job Creation and Innovation: State of Black Business, 9th edition.

The national market leader in Southern-style entrees and vegetables started as one small restaurant in the state capital before founder Bill Williams decided to expand the brand. It is an example of the kind of economic development which can take place among the two million African-American owned enterprises by using the 10 Key Factors for Black Business Success. The 9th annual National Black Business Month highlights the policies which actually create jobs, such as capital access and procurement monitoring.

At those centers, visitors can learn about the Office of Minority Business Financial Incentives which administers the Capital Access Program, Minority Direct Loan Program and the Minority Business Bond Program.

The National Aeronautics and Space Administration is the second largest source of federal contracts to black-owned firms in the state with $40 million in the first six months of the 2012 fiscal year, just behind the $47 million from the Department of Defense.

Minority Business Assistance Centers are located in Akron, Cincinnati, Cleveland, Columbus, Lima, Warren, Lorain and Toledo.

31 Ways 31 Days to Support African-American Businesses in 2012

07/23/2012 - 21:21

National Black Business Month is a data-driven initiative to channel the creative energy of 2 million African-American entrepreneurs as a driver of the global economy. To participate, learn about black businesses in all 50 states through Job Creation and Innovation: State of Black Business, 9th edition.

Wednesday, Aug. 1 Support the $6 billion African-American food service industry. Buy grocery products; visit a restaurant; book a caterer; buy produce or meats from a farmer. Find restaurants, farm coops, manufacturers in Say Grace and Wipe Yo' Hands. Join 50 Top Names in Black Food at Schomburg Center in Harlem for the opening event of National Black Business Month.

The Financial CoPilot opens growth infrastructure to more entrepreneurs

02/02/2013 - 19:43

MIAMI -- Hugh Stewart's first two forays into business did not bear fruit, so he created or acquired another 18 companies in the last 12 years.

Success Secrets, Blackmoney, Jazz Management define diversity dividend

12/02/2012 - 17:09

SAN JOSE -- When the new editor of the San Jose Business Journal walked into a breakfast at the San Jose Athletic Club in 1987, he was surprised that four of the dozen technology business leaders welcoming him were African-American.

"They were pretty shocked that I was black too," recalls the author of Success Secrets of Black Executives (ASPIRE SAN FRANCISCO), first African-American to edit a business newspaper.

John William Templeton soon organized a group called the Black Executive Forum, where one could only gain admittance with budget authority in excess of $10 million. More than 200 eventually showed up for the monthly meetings.

ELC seeks 500 more C-level, 200 more board members in Fortune 500

11/12/2012 - 20:13

WASHINGTON -- The Executive Leadership Council wants corporate boards to wake up and smell the coffee from the Nov. 6 election results. A changing electorate is also a sign that business executive suites should change as well.

Second term extends business opportunities

11/07/2012 - 18:21

CHICAGO -- The reelection of President Barack Obama offered an unexpected plug for serial inventor Dr. Juan Gilbert, project manager for the U.S. Election Assistance Commission's design of a universal voting machine. The lone unscripted remark in his acceptance speech, just after noting the long lines at polling booths, was "we need to do something about that."

One planet, one vote

11/01/2012 - 16:59

There are African-Americans who did not vote in the 1876 election who never again got the opportunity. It had only been six years since the 15th Amendment affirmed their right to vote. The Hayes-Tilden Compromise that resulted from the close election meant a reversal of the gains of the Civil War and abolition movement. Forty black congressmen declined to zero by 1905. Jim Crow held forth for 90 years until the Voting Rights Act of 1968.

31 Ways 31 Days in Ohio

08/21/2012 - 00:41

During National Black Business Month in August, begin by making a commitment that you will prepare your own list to visit at least one black-owned business each day of the month because your traffic brings more revenue and sorely needed new jobs. We offer these suggestions for local options on the nationwide 31 Ways 31 Days list. Black Money Cleveland will provide check-in codes at some of the locations listed so new visitors can check in with their cell phones to register their support of black-owned businesses.