Black businesses worldwide are thriving, with a significant presence in various industries. Here's an overview:
United States
- There are approximately 3.7
million Black-owned businesses, making up 11.3% of all
businesses.
- Top states with Black-owned
businesses:
- Florida: 461,149
businesses, 18,502 employer firms
- Georgia: 380,310
businesses, 14,394 employer firms
- Texas: 404,813
businesses, 12,527 employer firms
- California:
252,729 businesses, 15,014 employer firms
- New York: 238,636
businesses, 13,953 employer firms
- Largest Black-owned
businesses:
- World Wide
Technology: billion annual revenue, technology solutions
provider
- Act 1 Group: .8
billion annual revenue, global consulting and staffing
firm
- Bridgewater
Interiors: billion annual revenue, automotive
supplier
Global Presence
While specific global statistics
aren't readily available, directories like Black Business
Global provide a platform for Black-owned businesses worldwide
to connect and grow. Some notable businesses include ¹
²:
- Kula Foods
- Blaze Beauty
- Mmmoments
Challenges and
Opportunities
Black-owned businesses face
challenges such as limited access to funding and credit, with
47% of loan applications being denied. However, they also
contribute significantly to the economy, driving innovation and
creating jobs. Supporting Black-owned businesses can help
address systemic racial inequality and promote economic growth
¹.
Here are some notable Black-owned businesses in Europe:
Retail and Fashion
- Colourful Goodies: A Black doll
gift shop in Amsterdam, Netherlands, offering diverse dolls for
children
- House Château Rouge: A fashion
house in Paris, France, showcasing African-inspired designs and
luxury clothing
- Benny Barbers: A barbershop in
Charlottenburg, Germany, providing American-style haircuts and
grooming products
- Devacci: A wearable tech brand
based in London, selling innovative clothing designs
Art and Culture
- Round Table Books: A
London-based bookstore specializing in children's books
featuring minority characters
- Brus Ceramics: A pottery shop
in Lisbon, Portugal, selling handmade ceramics and modern home
decor
- AfroZone: A shop in Reykjavík,
Iceland, offering tropical produce and goods from African and
Caribbean countries
- Little Africa: A cultural
agency in Paris, connecting people with African culture and
curated tours
Technology and
Beauty
- CURL CON: A hair, beauty, and
culture convention in Germany catering to diverse textures and
skin tones
- Stylindi: A booking and product
shopping platform for independent hair and beauty
professionals
- Emeilleurq: A luxury skincare
brand in London, offering products for hyperpigmentation and
diverse skin types
- Horticure: A Berlin-based
startup connecting plant owners with horticultural experts for
plant care
- Digitoo: A Prague-based company
automating manual data entry for accounting
systems
- Kadalys: An organic skincare
brand in Paris and Martinique, using banana agri-waste in
products ¹ ² ³