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Federal Contracting with Blacks has Declined

on Monday, 25 June 2012 15:30.

The timing could not have been more perfect. While we were in the middle of finalizing plans for our second annual United States Black Chamber School of Chamber Management, Bloomberg News reported that federal contracting with African American and Hispanic-owned businesses declined in fiscal Year 2011 for the first time in a decade.  According to the Federal Procurement Data System, compared to fiscal year 2010, contracts to Black-owned firms dropped 8 percent to $7.12 billion and decreased 7 percent to $7.89 billion for Hispanic-owned businesses.

FUBU Founder, ‘Shark Tank’ Star Talks Business

on Monday, 11 June 2012 17:45.

daymond-john2A few years ago, the unusual occurrence of a Manatee in the Memphis area caused great local buzz and attention. The salt water giant found his way into the waters of the Mighty Mississippi and into the hearts of Memphians as they tracked his movements. Well, in similar fashion we recently had another giant of the sea, a “Shark”, (not the aquatic variety), visit our fair city to much fanfare and accolade. Daymond John, a fashion industry pioneer, is founder of the FUBU clothing line and star of the ABC reality show “Shark Tank,” which features a team of wealthy and successful investors (the Sharks) being pitched by up-and-coming entrepreneurs to invest in their fledging business ventures.

An Inside Look at the New Fronting Game

on Monday, 11 June 2012 16:47.

discrimination-471There is much corruption when it comes to procurement.  Probably the industry with the most corruption is construction.  Keep in mind that corruption is the first cousin of discrimination which is why the establishment cringes at the thought of Black strangers coming into their territory.  They want to keep the graft private.

Minority Business Owners Expand Cupcake Business Via Local Farmers Market

on Monday, 12 March 2012 16:45.

Icing on the Kake by Khayla is now providing gourmet cupcakes each and every weekend at the Yellow Green Farmers Market in Hollywood, Florida. Owners Khayla and Ty Stanley started Icing on the Kake by Khayla in January 2011 as a made-to-order, gourmet cupcake and special order cake catering business for parties and events. Through word-of-mouth referrals and a loyal customer base, Icing on the Kake by Khayla is rapidly growing.


Greater Diversity Tech News : A Comprehensive Online Marketing Strategy

on Monday, 12 March 2012 14:56.

Business owner's question: Our website is a plumbers website. The account has already been set up by Google and I am looking for someone to manage the account. The campaigns need tweaking and we are trying to get on the first page of Google and keep it there. Could you tell me how many hours a month you would need to manage the account ? Would we get monthly reports of the performance of our Adwords account. Is their any guarantees and assurances you can give us? 


Getting Smart on Surety Bonds: African-American Female Business Owner in St. Louis Got Funded.

on Wednesday, 22 February 2012 19:40.

When I quit my job with the post office to start a building maintenance company that specialized in big public buildings, I knew I would have to be good. Better than the big companies that were already doing it. What I didn’t know almost killed my compnay: I needed bonding and working capital and was told it was impossible for me to get it because I was a new business and had no credit. But I found it. And I thought this information might be useful to other minority entrepreneurs.