African American business development

African American business development refers to the efforts and initiatives aimed at promoting entrepreneurship and economic growth within the African American community. This includes creating access to resources, funding, and mentorship that can help Black-owned businesses thrive. Historically, systemic barriers such as discrimination and lack of access to capital have hindered these businesses. Today, various organizations, programs, and public policies focus on empowering African American entrepreneurs, fostering innovation, and supporting community economic development, ultimately aiming to create wealth and jobs within the community.