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According to a report , Black business ownership rates declined by about 40 percent between February and April 2020, which was the sharpest decline of any racial group. In response, Meta — formerly Facebook — has big plans this holiday season that involve amplifying small Black-owned businesses. To kick it off, during the inaugural Forbes Next 1000 Summit, the company announced a partnership with Grammy award-winning artist Ciara, as they plan “to redistribute the energy of the biggest physical retail day” to spotlight Black-owned businesses impacted by COVID-19. “In the US, Black-owned businesses have been among the hardest hit by the pandemic, and this holiday season will be ‘make or break’ for many,” said Chief Operating Officer Sheryl Sandberg. “One way we can all make a difference is through conscious shopping, which is why I’m thrilled to partner with Ciara to support #BuyBlack and do what we can to help Black-owned small businesses.” Under the partnership, starting Nov. 22,...
Young entrepreneurs are taking the world by storm and 8-year-old, Zoe Oli is no different as she uses her line of dolls, books, and accessories to encourage little Black girls around the world. According to Black Business, after struggling with her hair being “different” from her classmates,’ Zoe’s mother, Evana, purchased her a Black doll. However, there was one problem, her hair still did not look like Zoe’s. It was then that she took matters into her own hands telling her mother: “I want to make them [dolls] and start a business!” The rest was history and from that moment, Beautiful Curly Me was born! View this post on Instagram A post shared by Beautiful Curly Me ™️ (@beautifulcurlyme) Within the past two years, Zoe has authored two books and created hair care products along with the creation of her beloved dolls. Beautiful Curly Me is on a mission to not only empower young girls but prioritize community service by giving back 10 percent of the proceeds to organizations like...