Black Business Month | August 2020 | Let’s Make An Actual Difference

Promila Bhattacharya
2 min readFeb 8, 2021

August is Black Business Month, and these 31 days of festivities show the truth of dark possessed elements and their battles. There is no political plan in perceiving August as the month for African American organizations. You ought to hold hands to make a superior way for the impending dark business people. It may have been a hard street for those dark organizations to build up themselves locally. However, in the event that the up and coming age of African Americans is to walk a similar impediment way, we are all at fault.

We Do Not Need Another George Floyd

As per an overview led by the National Black Chamber of Commerce and Groupon, there was a 75% increment in deals in 400 dark private ventures after the George Floyd episode. For what reason does each and every change need to happen just when misfortune strikes African American populations? Does America need another prey to be reminded that skin tone and race doesn’t prohibit them from mankind?

Black Business Month | August 2020

George Floyd and Breonna Taylor featured the police fierceness, and we needn’t bother with another tombstone to exhibit the inclination in the credit endorsement measure. Just 5% of the dark entrepreneurs got credits when they applied for it under the Paycheck Protection Program. Notwithstanding, 76% of the dark entrepreneurs have shown that the Coronavirus and the lockdown intensely affected their organizations.

Black Business Matters Too

As indicated by Interim CEO of Groupon, Aaron Cooper, COVID-19 is simply one more issue stacked on the typical troubles of dark organizations like deficient assets, capital, uphold, etc. 80% of the dark businesspeople said that they went through more difficulties when they dispatched the business due to their race.

Black Business Month | August 2020

“I have a black friend.”

In one way or another individuals accept that having a dark companion makes them a promoter for the health of the African American population. In a similar tone, individuals accept that purchasing an item this August from a dark claimed shop causes them to add to Black Business Month. It is something other than strolling into a shop possessed by an African American. It is tied in with making a similarly conceivable, if not an equivalent, the way for cutting edge African Americans to say, ‘I will start a business, at some point.”

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