Story perspectives

Black-Owned Businesses Surge 34%, Empowering Local Communities

2/27/2025

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Summary

Story summary

Black-owned small businesses in the U.S. have surged by 34% since 2012, adding over $2 billion to the economy.
Tiffany Jackson, CEO of BuilderGurl Management, highlights the resilience of Black women entrepreneurs amid challenges.
Downtown Phoenix honors Black History Month by showcasing local Black-owned businesses, which make up 30% of new ventures.
The initiative seeks to elevate Black voices and cultural contributions, strengthening community ties and supporting local entrepreneurs.

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Story summary

Black-owned small businesses in the U.S. have surged by 34% since 2012, adding over $2 billion to the economy.
Tiffany Jackson, CEO of BuilderGurl Management, highlights the resilience of Black women entrepreneurs amid challenges.
Downtown Phoenix honors Black History Month by showcasing local Black-owned businesses, which make up 30% of new ventures.
The initiative seeks to elevate Black voices and cultural contributions, strengthening community ties and supporting local entrepreneurs.