Hair Care Brand Raises $100 Million in Funding
Founded in 2014, Mielle Organics, the #1 fast-growing Black-owned and community-focused natural hair care company, has secured a $100 million investment from Berkshire Partners, a Boston-based firm. The financing will…
Mom Launches Vegan Nail Polish Line and Makes Her 4-Year Old Daughter Co-CEO
Jasmine Phinex, a mother and entrepreneur, founded Serenity Nail Polish with her husband James and 4-year old daughter Serenity last year. Since then, they have created one of the fastest-growing…
Couple That Turned Down $400K on Shark Tank Makes History, Raises $1.7M in a Day
In 2019, entrepreneurs Tim and Kim Lewis, the founders and owners of CurlMix, appeared on ABC’s Shark Tank and turned down a $400K offer for a 20% equity in their…
Couple Launches Online Course to Help Entrepreneurs Start a Recovery Home Business
Meet Bernard Jones and Georgia Giles-Jones, a couple from Minnesota that have officially launched CVH Recovery, an extension to their recovery home business, Central Village Housing LLC. CVH Recovery offers…
Stationery Brand to be Sold at Target
Be Rooted, founded by entrepreneur Jasmin Foster, has launched its products at Target stores nationwide. It is the first Black-owned stationery brand to be sold at the retail giant. With…
3 Young Sisters Open Newest Plant-Based Eatery in Florida
Three sisters, Lyrica, Zaira, and Nadira, ages 13, 12, and 9 respectively, are the CEOs and founders of a plant-based eatery in Tallahassee, Florida called Bourne Brilliant. The young girls have…
Realtor Teaching Investors Creative and Profitable Alternatives to Gentrification
Denver real estate broker Michelle Thomas remembers well her early days growing up in North Aurora, a rough part of the Denver, Colorado metro area, that includes East Colfax Avenue….
Mom Who Won a Grant From Beyonce, Expands Children’s Underwear Line
Yolanda Perkins, founder and CEO of Undies by BlendiTone, a line of underwear for children of color, has overcome a lot of obstacles in her life. She has transformed herself…
Meet the African American Event Planner Helping Other Entrepreneurs in the Party Business
Kimberly Perrymond is the founder of a very popular Facebook group that she created with the intention of building a small community for event planners to grow and learn together….
Bentley Names First African-American President
Dr. Brent Chrite has been named the first-ever Black president of Bentley… Bentley University, that is, in Waltham, Massachusetts. Dr. Chrite is an experienced higher education leader who believes business…
Owner of Jamaican Castor Oil Celebrates 10 Years in Business, Rebrands Her Products
Melichsia Boss is a successful entrepreneur who is the owner of BDI Enterprises & Brands, LLC. Her most popular brand, Potent Jamaican Black Castor Oil (PJBCO), is a hair care…
Cosmetic Line That Helps Entrepreneurs Start Their Own Lip Gloss Business
Phaedra Williams, owner of Phaedra Beauty, has rebranded her business to help other beauty entrepreneurs start their lip gloss lines. Williams, who owns a Los Angeles-based makeup and brow studio…
Black Luxury Skincare Line Challenges Cosmetic Industry
Skin Champagne, launched by Honey Pierre, a licensed esthetician, is a Black woman-owned cosmetics brand that produces unique and efficacious skincare products using the most coveted natural ingredients in the…
Two African-American Entrepreneurs Are Raising $200M to Purchase a Bank For Underserved Communities
Darnell Parker and Derek Taylor, two banking veterans and the owners of Ingenious Financial, have announced plans to raise $200 million Series A funding to purchase an existing bank. Parker,…
African-American Entrepreneurs Launch New Video Game Company, Bringing More Diversity to the Industry
As large as the video game industry is, it is not as diverse as you would think. 83% of minority teens play video games, and less than 3% make them….
African-American Makes History as the First to Run Medicare’s $700B Healthcare Program
Chiquita Brooks-LaSure has been chosen by President Joe Biden to lead the Centers for Medicare and Medicaid Services. This means that she will become the first Black woman to serve…
Entrepreneur Launches Luxury Handbag and Accessories Brand
FÜ Lifestyle is the newest Black woman-owned accessories brand designed by fashion designer Eva Moore for modern progressives. With its debossed FÜ logo print, the brand’s Lifestyle bag is a bold…
African American Advisor Creates Wealth Strategy to Close Growing Racial Wealth Gap
Kelvin Harris, president and CEO of Kel-Star Consulting, a full-service business solutions and wealth strategy advisory firm, is on a mission to educate the Black community on the basic financial…
Meet the First African American Woman to Solely Own a Tequila Brand
Tiffany Hainesworth, the founder and owner of TCapri Tequila, has made history as the first Black woman to solely own a tequila brand. Hainesworth, who is based in Maryland and…
Entrepreneur Creates Coloring Books to Teach Children About Credit
Meet Kishanna Heyward, the author of Credit is King, Kareem and Credit is Queen, Charlene who was inspired to create a credit coloring book series when her 4-year old daughter…