Post Date: August 1, 2023

This month we reflect on the history of Black entrepreneurship, their impact on the United States economy, and the resilience of the Black community.

This is a time to recognize and support Black-owned businesses and entrepreneurs across the country. The annual celebration was created in 2004 when historian John William Templeton and engineer Fredrick E. Jordan partnered to advance the policies affecting 2.6 million African American businesses and develop greater economic freedom for Black communities.

Historically, Black communities have endured systematic racism, inequality, wage gaps, and violence. In 1921, one of the worst racially motivated attacks in U.S history, the Tulsa Race Massacre, destroyed the Black-owned district of Greenwood in Tulsa, Oklahoma. The Greenwood District was nationally recognized as “Black Wall Street,” for its affluent African American community. The series of riots robbed Black families in Greenwood of their lives, businesses, community, and the legacy they could have left behind.

To learn more about the Tulsa Race Massacre visit the Tulsa Historical Society and Museum. 

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