As an outgrowth of the call by Dr. Jamal Bryant, Pastor, New Birth Missionary Baptist Church, for a 40-Day fast of Target, USBC President & CEO Ron Busby, Sr. highlighted ByBlack as a solution to shop directly with Black firms. The 40-Day Target Fast, beginning March 5, was launched to encourage consumers to refrain from purchasing from Target and similar corporations that have publicly dismantled or removed DEI programs and initiatives.

“Our mission with this fast is accountability, justice, and transformation,” said Ron Busby, Sr., President & CEO of USBC. “We are standing together to ensure corporations prioritize diversity, equity, and economic inclusion—not just in words, but in actions. ByBlack’s Product Search is our answer to those asking, ‘Where can I shop instead?’ We are providing the tools for an economic shift—one that keeps dollars circulating within our own communities.”

Founded during the COVID-19 pandemic and the George Floyd social justice movement, the ByBlack Platform is the nation’s largest no-cost Black business directory and certification program, featuring over 60,000 businesses, including 2,000+ ByBlack Certified enterprises. The launch of ByBlack’s Product Search marks a major expansion, making it easier than ever for consumers to discover and shop Black-owned products. Previously, consumers could only access a directory of Black-owned businesses, but as of today, they can now search for individual products offered by these businesses through ByBlack’s enhanced search experience.

ByBlack’s Product Search features an initial 120 Black brands and over 500 products across various categories, including home goods, health and beauty, cleaning supplies, electronics, stationery, and more. The businesses showcased include popular brands that are currently sold at major retailers, alongside emerging ByBlack Certified brands and small businesses that consumers may not yet know about.

“Our approach is rooted in accessibility and impact,” said Braxton Gunter, Head of ByBlack Engineering. “We are building intuitive, user-friendly solutions that connect consumers directly to Black-owned brands and businesses, reinforcing the importance of community-driven commerce.”

Consumers can participate in the 40-Day Target Fast by redirecting their spending to Black-owned businesses, utilizing ByBlack’s Product Search to find alternatives. “This fast is about economic empowerment,” said Pastor Dr. Jamal Bryant. “It is about demonstrating the strength of our collective buying power and ensuring that corporations understand our demands for justice and inclusion. We invite everyone to join us by visiting www.targetfast.org to learn more and take action.”

To support the movement and explore Black-owned products and services, visit www.byblack.us today. Black entrepreneurs can also onboard their business to the platform and get certified at no-cost at www.byblack.us/signup.

Media Contact:
Alicea Gay, VP of External Affairs & Certification, email alicea@usblackchambers.org

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About U.S. Black Chambers, Inc.:
The U.S. Black Chambers, Inc. (USBC) provides committed, visionary leadership and advocacy in the realization of economic empowerment. Through the creation of resources and initiatives, we support a network of African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises. Learn more at usblackchambers.org.

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It is with profound sorrow that we mourn the passing of Congresswoman Sheila Jackson Lee. Her legacy as an influential and forceful voice in Washington spans thirteen terms in the United States House of Representatives, where she tirelessly represented the 18th Congressional District of Texas in Houston.

Congresswoman Jackson Lee was not only a dedicated public servant but also a steadfast advocate for the rights and empowerment of Black America. Her impact on our community cannot be overstated; she championed causes that uplifted and protected marginalized communities, consistently advocating for justice, equality, and civil liberties for all.

Often regarded as the “Voice of Reason,” Congresswoman Jackson Lee stood firm in upholding the Constitutional rights of all people, embodying a spirit of resilience and determination that inspired countless individuals across the nation. Her leadership and unwavering commitment to public service leave an indelible mark on our nation’s history.

We extend our deepest condolences to her family, colleagues, and constituents during this difficult time. May her legacy continue to guide and inspire us in the pursuit of a more just and equitable society.

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Emphasizing the significance of data transparency, it highlights its role in fostering equitable opportunities and addressing systemic biases. Lacking access to such data, minority-owned enterprises struggle to compete for contracts and access resources. The article underscores the importance of policy measures and corporate accountability in mitigating these disparities and promoting diversity and inclusion in the contracting process.

Offering valuable perspectives, it warrants consideration in our ongoing efforts to defend, amend, protect, and promote diversity, equity, and inclusion. We encourage you to read the full article for a deeper understanding of the challenges faced by minority-owned businesses and potential solutions to help bridge the equity gap.

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 Ron Busby Sr., President and CEO of the U.S. Black Chambers, Inc., released the following statement in addition to his testimony:

“The Senate Small Business and Entrepreneurship committee hearing at Bowie State University serves as a pivotal moment in our collective efforts to combat systemic racism in business. By shining a spotlight on the barriers faced by Black entrepreneurs, we propel vital conversations and demand actionable solutions to level the playing field and continue to march towards closing the black wealth gap.”

 At the hearing, Black business owners underscored the tangible impacts of discriminatory practices on their ventures, amplifying the imperative for legislative and policy interventions.

 Bowie State University, renowned as the oldest Historically Black College University in Maryland, served as the fitting backdrop for this consequential discussion. Recognizing its historical significance and commitment to fostering excellence within the Black community, the university provided a poignant setting to confront the challenges hindering Black entrepreneurs’ success.

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About the U.S. Black Chambers 

The U.S. Black Chambers (USBC) is the voice of Black business owners and a top advocate for resources and policies that impact Black business owners.
To learn more, visit: usblackchambers.org

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Ron Busby Sr., a renowned leader and authoritative voice in the realm of Black business and economic development, highlighted the significant contributions of Black entrepreneurs to the national economy and the critical need for supportive policies that ensure their success. “In order for there to be a great America, we have to have a great Black America, and in order to have a great Black America, we must have great Black businesses,” Busby stated, encapsulating the essence of his message to the gathered audience.

Under Busby’s leadership, the USBC has been at the forefront of advocating for economic policies that favor equitable business opportunities for Black entrepreneurs. His speech also tackled the substantial obstacles that DEI efforts are currently facing, stressing the importance of maintaining momentum in these initiatives to achieve true economic equality.

“The work of the USBC and the support of policymakers are pivotal in constructing a business environment where Black entrepreneurs can thrive and thereby reduce the wealth gap,” Busby added. “Every step we take toward economic equity is a step toward fulfilling America’s promise of prosperity for all its citizens.”

As a sought-after thought leader, Ron Busby Sr.’s insights are crucial in guiding the conversation on economic advancement for Black businesses, particularly in today’s socio-economic climate. His presence and participation in the Economic Opportunity Tour underscore the urgency and significance of supporting the Black business community as a fundamental component of the nation’s economic framework.

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May 2, 2024 – The U.S. Black Chambers, Inc. (USBC) proudly announces the launch of the USBC Resource Hub, an innovative online platform supported by Wells Fargo. This resource hub is designed to provide Black businesses with a comprehensive suite of cutting-edge tools and programs to support growth, sustainability, and success.

USBC is committed to providing a fundamental pillar of entrepreneurial training and development to support the growth and success of Black businesses across the nation. This essential work is grounded in our dedication to fostering economic equity and creating opportunities for Black entrepreneurs to thrive in today’s competitive marketplace.

By offering a wide range of educational programs, technical assistance, and resources through the Resource Desk, USBC equips Black entrepreneurs with the knowledge, skills, and support they need to navigate challenges and seize opportunities. This work is important because it helps bridge gaps in access to resources, information, and funding, ultimately empowering Black business owners to reach their full potential and contribute to the economic vitality of their communities.

The USBC Resource Hub includes a range of key programs, such as:

• Technical Assistance: Access expert guidance and support through our chambers to navigate business challenges.
• Loan Programs: Benefit from a new loan program designed to help your business grow and achieve financial goals.
• Corporate, Supplier Diversity, Government and Matchmaking Programs: Sustain your firm with strategic partnerships and contracting opportunities for those seeking diverse suppliers.
• Business Counseling, Accounting Services, and Referral Networks: Access professional advice and services to keep your business on track and financially healthy.
• Certification and Directory Programs: Enhance your firm’s credibility and access new opportunities with various certification programs and increase your visibility for your services.
• On-Demand Webinars: Utilize a library of training sessions and educational content available on demand.

Alisa Joseph, VP Director of Programs, USBC, shared her perspective on the launch: “The USBC Resource Hub is a transformative step towards empowering Black businesses with the tools and resources they need to succeed. This platform exemplifies our commitment to supporting economic equity and fostering a thriving business community.”

Our impactful partnership with corporations like Wells Fargo enables us to expand our reach and enhance the services we provide. Together, we deliver a comprehensive suite of innovative tools and programs that propel Black businesses forward. Through collaborative efforts, we can ensure a more inclusive and equitable business landscape, where diverse entrepreneurs have the chance to grow, succeed, and lead.

To learn more about the USBC Resource Hub and explore its wide range of offerings, visit https://usblackchambers.org/resources/.

About U.S. Black Chambers, Inc. 

The U.S. Black Chambers, Inc. (USBC) provides committed, visionary leadership, and advocacy in the realization of economic empowerment. Through the creation of resources and initiatives, we support a network of African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises. Learn more at usblackchambers.org.

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The luncheon featured an array of distinguished speakers and honorees, including a reading of a letter from Vice President Kamala Harris by Kristin Allen, Special Assistant to the President, Communications Director for the Vice President. First Lady Dawn Moore, a Power 50 Honoree, delivered poignant remarks that resonated with the attendees. A highlight of the event was a panel discussion with Power 50 honorees and business powerhouses Dia Simms, Co-Founder of Pronghorn, and Kimberly A. Blackwell, Founder & CEO of PMM Agency, moderated by Tanya Lombard, VP, Global External Public Affairs – Head of Strategic Alliances, AT&T.

An intimate armchair conversation with USBC Woman of the Year Arian Simone, Founder & CEO of Fearless Fund, and Ron Busby Sr., President & CEO of U.S. Black Chambers, Inc., offered deep insights into the challenges and triumphs of Black women entrepreneurs. The event closed with motivational words from Power 50 Honoree and Celebrity Stylist / Designer Michele Lopez, leaving attendees inspired and empowered.

Media Mogul and Pioneer, Cathy Hughes was honored as the 2024 Global Trailblazer of the Year, celebrating her significant contributions to media and her trailblazing efforts in championing diversity and inclusion.

The luncheon was made possible through partnerships with leading corporations committed to diversity and empowerment, including AT&T, Amazon, Walmart, Pronghorn, Cadillac, and Comcast. Guests enjoyed a VIP Reception featuring beverages from Black women-owned spirit brands Uncle Nearest, McBride Sisters Wine Co., TCapri Tequila, and Redd Rose Vodka.

In line with USBC’s commitment to supporting Black businesses, all aspects of the event were produced and supported by Black woman-owned enterprises. Ron Busby Sr., President & CEO of the U.S. Black Chambers, Inc., expressed, “Thursday’s celebration is not just about acknowledging the incredible accomplishments of these formidable women; it’s about reaffirming our dedication to creating a supportive ecosystem for Black businesses and entrepreneurs to prosper. The journeys of success we spotlight today embody the resilience, creativity, and fortitude inherent within the Black community. At USBC, we pay tribute to Black HERstory daily, and the USBC Power50 class embodies the trailblazing spirit of today’s women, setting the groundwork for the generations to come.”

The USBC Power50 Women’s Luncheon is a cornerstone event that not only celebrates but also galvanizes the momentum of Black women’s leadership and entrepreneurship. As it continues to grow, it serves as a beacon of hope and a source of inspiration for future generations, demonstrating the indomitable spirit and contributions of Black women to society and the economy.

For more information on the 2024 USBC Power50 Women’s Luncheon, please visit https://www.usbcwomenofpower.com.

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The collaboration initiated in 2015 between USBC and USPAACC unites two distinguished and distinct organizations, pooling their strengths and expertise to establish a more efficient certification process for minority-owned businesses. This partnership aims to cultivate a stronger ecosystem, enhancing access to opportunities and resources for minority suppliers.

“By joining forces with USPAACC, we are taking a significant stride towards increasing the economic influence of minority-owned businesses,” said Ron Busby Sr., President and CEO of U.S. Black Chambers, Inc. “This partnership will facilitate a seamless experience for diverse suppliers seeking certification while broadening their exposure to procurement opportunities.”

Susan Au Allen, CEO of USPAACC, “USBC and USPAACC are in full alignment in our commitment to elevating Black- and Pan Asian-owned businesses.  Our continued collaboration is key in our quest to uplift each other and other minority-owned businesses. This creates a true equal playing field for all Americans to reach their Dream.”

Powered by U.S. Black Chambers, Inc., the ByBlack Platform is a National Directory and Certification Program that gives foundational assistance to businesses led by Black entrepreneurs. Backed by immense support from the likes of Issa Rae, ByBlack not only maintains an extensive catalog of verifiably Black-owned businesses but, in tandem with a variety of other initiatives, encourages those within and external to our community to buy Black.

USPAACC certification which began in 2008, is the Gold Standard for bona fide Pan Asian American-owned businesses. It is unique because it covers the most diverse community of 2.3 million Pan Asian-owned businesses from over 30 cultural backgrounds, 100 languages and dialects, and different immigration experiences.  USPAACC is the organization that knows this community best.

Together, USBC and USPAACC will collaborate on educational initiatives, mentorship programs, and business development opportunities. This partnership aims to empower minority-owned businesses by increasing their competitiveness, fostering collaboration, and driving sustainable growth that benefits all Americans.

This partnership marks an exciting chapter in the efforts to support and uplift diverse businesses in the United States where minority-owned businesses can flourish, creating a more equitable and inclusive economy.

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About U.S. Black Chambers, Inc.

The U.S. Black Chambers, Inc. (USBC) provides committed visionary leadership, and advocacy in the realization of economic empowerment. Through the creation of resources and initiatives, we support a network of African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises. Learn more at www.usblackchambers.org.

About US Pan Asian American Chamber of Commerce Education Foundation (USPAACC)

The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) is the most established and largest national, nonprofit, non-partisan organization representing Pan Asian American and other minority-owned businesses. USPAACC promotes economic growth by connecting diverse suppliers with corporate and government buyers, offering educational and professional development programs, and advocating for equal opportunities, respect, and fair treatment in the business community. Learn more at www.uspaacc.com.

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In a statement, Ron Busby Sr., President & CEO of USBC, emphasized the significance of this partnership: “This collaboration with SCORE is a pivotal step in our ongoing commitment to providing Black business owners with essential tools for success. Access to capital and technical assistance are critical for growth, and through this partnership, we are unlocking new opportunities and resources that can propel our entrepreneurs to new heights.”

This collaboration is part of the USBC Resource Desk initiative, specifically under the “Get Access to SCORE Mentoring Program.” The program is designed to empower and uplift Black entrepreneurs and business owners by providing unparalleled access to expert business guidance and mentorship.

“Black small business owners and their communities have faced extraordinary challenges over the years and SCORE remains committed to being part of the solution through free, expert mentoring,” said SCORE CEO Bridget Weston. “Through the years, SCORE has helped countless Black entrepreneurs find success in their small businesses, but this partnership with the US Black Chambers will expand our outreach and increase our positive impact on those we serve.”

Key Program Highlights:

• Rapid Response Assistance: Recognizing the diverse needs of businesses, USBC in partnership with SCORE, offers expedited support to address queries effectively and efficiently.
• Proven Impact of Mentoring: Studies show that small business owners who engage in at least three hours of mentoring report higher revenues and accelerated growth.
• Complimentary Expertise: The SCORE mentoring service, free for businesses served by USBC, pairs entrepreneurs with seasoned mentors for one-on-one guidance, focusing on best practices, business strategies, and educational resources.
• Easy Registration: Interested businesses can quickly register for the program and begin their journey toward enhanced business success.

Exclusive Benefits for USBC Members:

• Technical Assistance: Through our member chambers, businesses can access specialized technical support.
• Innovative Loan Programs: Tailored financing solutions to facilitate business expansion.
• Comprehensive Business Services: Including counseling, accounting services, and expansive referral networks.
• Certification Programs: Boost your firm’s credibility and market presence.
• Supplier Diversity Initiatives: Enhancing opportunities through matchmaking programs.
• Educational Resources: A rich library of on-demand webinars and digital tools to meet your training and development needs.

Don’t miss this chance to elevate your business with expert mentorship and a suite of comprehensive resources. Register today and start reaping the benefits of this dynamic partnership.

Contact Information:

For further details or inquiries, please reach out to the USBC programs team at programs@usblackchambers.org or call at 202-463-8722.

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About U.S. Black Chambers, Inc.:

The U.S. Black Chambers, Inc. (USBC) provides committed, visionary leadership, and advocacy in the realization of economic empowerment. Through the creation of resources and initiatives, we support a network of African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises. Learn more at usblackchambers.org.

About SCORE:

SCORE is a nonprofit association supported by the U.S. Small Business Administration, renowned for its mentoring program, offering expert business advice and resources to aspiring and established entrepreneurs.

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Published on January 5, 2024

WASHINGTON – The U.S. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan.

For COVID EIDL and PPP borrowers with loans under $100,000, the SBA has implemented a 60-day goodwill exception period starting January 1 and lasting through March 3, 2024. During this period, the SBA will build on its extensive outreach to affected businesses to ensure that PPP borrowers know how to apply for forgiveness and COVID EIDL borrowers are aware of all repayment options — including the opportunity for hardship repayment plans. Further, the SBA will refrain from escalating collections activities until after the goodwill exemption period.

Small business borrowers in delinquency or default who take action and obtain good standing with the SBA will improve their long-term financial health substantially. The benefits of getting, and staying, current on SBA loans include better credit scores, which make it cheaper and easier to buy a home or car in the future; eligibility for future government financial assistance, like a VA loan or help after a natural disaster; and, in some cases, avoidance of federal and private collections activities which can include withholding tax returns and wage garnishment.

For PPP Borrowers:

Hundreds of thousands of PPP borrowers can avoid default and the repercussions that come along with it without repaying the loan. Those who have met the payroll requirements can simply complete the PPP forgiveness application, which takes most borrowers less than 15 minutes. If PPP borrowers are unsure if their loan has been forgiven, they can check by logging in to the MySBA loan portal. Once logged in, borrowers will see all of their SBA loans, including PPP loans, and the status of each loan. For PPP loans, the status will show “paid in full” if the PPP loan has been forgiven.

PPP borrowers who are not sure if their loan has been forgiven and see other statuses should apply for forgiveness immediately. See the SBA website for instructions on how to apply for PPP forgiveness.

Borrowers who need assistance with forgiveness can contact SBA at our dedicated forgiveness call center: 877-552-2692. The call center is open Monday through Friday from 8:00 a.m. – 5:00 p.m. ET.

For COVID EIDL Borrowers:

All COVID EIDL borrowers must repay their loans, but the SBA has programs to help – including expanded hardship accommodation plans. COVID EIDL hardship accommodation plans significantly lower monthly payments – sometimes as low as $25 per month – for six months, and then payments gradually increase over a multi-year period. More information for COVID EIDL hardship accommodation plans is available on the SBA website. Many borrowers can apply for a hardship accommodation plan directly through the MySBA loan portal. Once logged in, COVID EIDL borrowers can click “Loan Summaries” in the toolbar, then “Hardship Accommodation Plan” in the bottom right corner, and finally “Learn More and Enroll.”

For further assistance, please contact COVID-19 EIDL Customer Service at 833-853-5638 (TTY:711), email COVIDEIDLServicing@sba.gov, or send a message through the MySBA Loan Portal. COVID-19 EIDL Customer Service is open Monday through Friday from 8:00 a.m. to 8:00 p.m. ET.

For All Borrowers

The SBA offers free or low-cost counseling for small businesses through its national network of Resource Partners. These partner organizations may be able to help small businesses fit loan repayments into their budgets, provide information on applicable tax benefits, and offer other counseling services. Contact your local District Office for assistance with locating a Resource Partner to address your needs or search to see what is available in your area.

The SBA remains committed to its core mission of supporting America’s small businesses and will make a significant effort to bring borrowers back into compliance before escalating collection activities.

For more information about SBA’s loan programs, financial assistance, and other services, visit sba.gov.

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About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

Related programs: Disaster, PPP

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