Black-Owned Business Funding Platforms

'Backing Black Business' Aims to Uplift Black Communities

The co-founders of the Black Lives Matter organization have collaborated with the ad agency 'J. Walter Thompson' to create 'Backing Black Business' -- a website that makes people aware of all the black-owned businesses in the United States.

The website is constantly updating, and gives individuals the option of selecting the cities they live in and finding businesses owned by black people to visit. Categories include food and beverage, health and beauty, entertainment and lifestyle. The site also gives visitors the option of adding businesses they know about that are owned by black people.

The Backing Black Business initiative works to uplift black communities, which have enormous purchasing power in the U.S., and takes their money away from the large brands and businesses that may not support causes, hiring practices and beliefs that support and uplift them.

Black-owned Business Visibility
Create platforms that increase visibility for black-owned businesses and encourage support from consumers.
Community Empowerment
Develop initiatives that uplift black communities and provide opportunities for economic growth and success.
Consumer Consciousness
Promote awareness among consumers about the importance of supporting black-owned businesses and their social impact.

Where This Applies

E-commerce
Leverage e-commerce platforms to showcase and promote black-owned businesses, connecting them with a wider audience.
Digital Marketing
Utilize digital marketing strategies to raise awareness about black-owned businesses and foster consumer engagement.
Social Impact Investing
Encourage the integration of social impact investing to provide financial support and resources for black-owned businesses.
SCORE
1.5 out of 10
GENDER
50% Men50% Women
MARKETTop markets: North America
GENERATION
  • Gen Z (primary audience)
  • Gen Alpha (primary audience)
  • Millennial (primary audience)
  • Gen X (primary audience)
POPULARITY
Popularity 9%
Activity 27%
Freshness 8%