National Black Chamber of Commerce

Dream Exchange CEO Speaks at Historic National Black Business Conference, Forges Transformative Partnership with National Black Chamber of Commerce ®

Retrieved on: 
Thursday, September 7, 2023

CHICAGO, Sept. 7, 2023 /PRNewswire/ -- Joe Cecala, Founder and CEO of Dream Exchange , was invited to speak at the National Black Business Conference which took place in Atlanta, Georgia on August 24-26.

Key Points: 
  • CHICAGO, Sept. 7, 2023 /PRNewswire/ -- Joe Cecala, Founder and CEO of Dream Exchange , was invited to speak at the National Black Business Conference which took place in Atlanta, Georgia on August 24-26.
  • With a resounding commitment to empowering a new generation of entrepreneurs, a historic agreement that marked the beginning of an unprecedented partnership between Dream Exchange and the National Black Chamber of Commerce ® (NBCC) was solidified and signed.
  • Beyond the historic signing, Joe Cecala lent his expertise to the conference through dynamic panel discussions.
  • Through the partnership between Dream Exchange and NBCC, a new chapter is being written in the narrative of minority-owned businesses' access to capital."

Dream Exchange and National Black Chamber of Commerce Announce Strategic Partnership to Increase Public Capital Access for Minority-Owned Businesses

Retrieved on: 
Tuesday, August 29, 2023

CHICAGO, Aug. 29, 2023 /PRNewswire/ -- Dream Exchange, first minority-owned stock exchange announces a new partnership with the National Black Chamber of Commerce (NBCC), a non-profit organization dedicated to economic empowerment of Black and others in underserved communities.

Key Points: 
  • CHICAGO, Aug. 29, 2023 /PRNewswire/ -- Dream Exchange, first minority-owned stock exchange announces a new partnership with the National Black Chamber of Commerce (NBCC), a non-profit organization dedicated to economic empowerment of Black and others in underserved communities.
  • The strategic partnership between Dream Exchange and the NBCC is a significant step towards increasing public capital market access for minority-owned businesses.
  • The two organizations will be creating a tailored ecosystem of financial services designed to meet the unique needs of minority-owned small businesses.
  • A unification of the NBCC and Dream Exchange is a testament to the strength of shared vision.

Ida Byrd-Hill, CEO Automation Workz, Selected as Finalist for National Black Chamber of Commerce Famous Amos Pitch Competition

Retrieved on: 
Thursday, August 24, 2023

While the US Census Bureau shows the US poverty rate is 11.6%, the poverty rate is 37.4% for single Black woman with children.

Key Points: 
  • While the US Census Bureau shows the US poverty rate is 11.6%, the poverty rate is 37.4% for single Black woman with children.
  • "I so am excited to be a Finalist in the National Black Chamber of Commerce Famous Amos Ingredients for Success Pitch Competition for an award of $50,000.
  • Headquartered in Washington, DC, the National Black Chamber of Commerce has 200+ chambers across 40 states and 50 nations serving 200,000 businesses.
  • She serves as a Detroit Regional Chamber of Commerce Director and member of Electric Vehicle Jobs Academy, German American Business Council, NABJ, NMSDC and SHRM.

Attorney Benjamin L. Crump to Keynote 123rd National Black Business Conference

Retrieved on: 
Tuesday, August 8, 2023

WASHINGTON, Aug. 8, 2023 /PRNewswire/ -- The 123rd National Black Business Conference presented by Comerica Bank is thrilled to announce Attorney Benjamin L. Crump as the keynote speaker. This momentous event, presented by Comerica Bank, will take place from August 23-27, 2023, at the Hyatt Regency Atlanta Hotel in Atlanta, GA.

Key Points: 
  • Black America's Attorney General to Engage the Nation's Black Business Community in Atlanta, GA
    WASHINGTON, Aug. 8, 2023 /PRNewswire/ -- The 123rd National Black Business Conference presented by Comerica Bank is thrilled to announce Attorney Benjamin L. Crump as the keynote speaker.
  • The conference has a rich history dating back to its origins with the National Business League, formerly known as the National Negro Business League, founded by the legendary Booker T. Washington.
  • Inaugurated in Boston, Massachusetts, on August 23, 1900, the event has evolved into a collaborative effort with the newly formed National Alliance for Black Business (2022), partnering with institutions like the National Business League (1900), National Black Chamber of Commerce (1993), and the World Conference of Mayors (1986).
  • The Atlanta Business League and the Greater Georgia Black Chamber of Commerce shall serve as the hosts for this year's conference.

Analysis: FDA Flavored Cigar Ban Will Create Unregulated And Criminal Markets

Retrieved on: 
Thursday, May 25, 2023

CAA President David M. Ozgo stated: "Making flavored cigars illegal will not eliminate the demand for flavored cigars; it will only criminalize their sale and create illicit markets.

Key Points: 
  • CAA President David M. Ozgo stated: "Making flavored cigars illegal will not eliminate the demand for flavored cigars; it will only criminalize their sale and create illicit markets.
  • "We applaud the appropriators for recognizing how damaging FDA's proposed ban on flavored cigars would be."
  • Further, FDA claims it will only enforce the flavored cigar ban against manufacturers and retailers, not against individuals.
  • Shifting resources to police a new crime – sale of untaxed flavored cigars – will mean reduced efforts to combat other criminal activity.

Third Annual Famous Amos Ingredients for Success Entrepreneurs Initiative to Award $150,000 in Grants to Black-Owned Businesses

Retrieved on: 
Thursday, May 18, 2023

CHICAGO, May 18, 2023 /PRNewswire/ -- Today Famous Amos, in partnership with the National Black Chamber of Commerce (NBCC), began accepting applications to the Famous Amos' Ingredients for Success Entrepreneurs Initiative. The national grant competition, now in its third year, awards three Black, early-stage business owners with $50,000 in unrestricted business capital along with business and mentorship resources provided by NBCC.

Key Points: 
  • CHICAGO, May 18, 2023 /PRNewswire/ -- Today Famous Amos, in partnership with the National Black Chamber of Commerce (NBCC), began accepting applications to the Famous Amos' Ingredients for Success Entrepreneurs Initiative .
  • "The Ingredients for Success Entrepreneurs Initiative is a way for Famous Amos to honor the legacy of Wally Amos, a passionate entrepreneur whose impact has led to so many joyful cookie moments," said Rachna Patel, Vice President of Marketing for Famous Amos.
  • A total of $300,000 has been given to six Ingredients for Success grant recipients from the previous two cycles.
  • Hopeful entrepreneurs have until 11:59 p.m. EST on Sunday, June 25, 2023 to submit their applications and elevator pitch videos into the online portal for Cycle 3 of Famous Amos' Ingredients for Success Entrepreneurs Initiative.

National Alliance for Black Business (NABB) and the U.S. Department of Commerce's Minority Business Development Agency (MBDA) Form a Historic Alliance to Develop Black-Owned Businesses

Retrieved on: 
Monday, February 27, 2023

WASHINGTON, Feb. 27, 2023 /PRNewswire/ -- On Wednesday, February 22, 2023, the U.S. Department of Commerce Minority Business Development Agency (MBDA), and the National Alliance for Black Business (NABB) signed a historic MOU during the NABB's first annual National Black Business Policy Conference in Washington, D.C. The NABB was co-founded by the National Business League (NBL) and the National Black Chamber of Commerce (NBCC), which represent a combined 153 years of service to Black businesses and are now collectively working to organize a unified national black economic agenda.

Key Points: 
  • WASHINGTON, Feb. 27, 2023 /PRNewswire/ -- On Wednesday, February 22, 2023, the U.S. Department of Commerce Minority Business Development Agency (MBDA), and the National Alliance for Black Business (NABB) signed a historic MOU during the NABB's first annual National Black Business Policy Conference in Washington, D.C.
  • "This historic agreement between MBDA and the NABB will strengthen our collective mission to create a strong, equitable economy for all minority businesses and entrepreneurs," said Donald R. Cravins, Jr., Under Secretary of the Minority Business Development Agency.
  • "Both MBDA and the NABB have uplifted Black businesses in the decades since they were formed.
  • More than 100 distinguished Black business leaders, organizations, and corporate executives assembled with the Department of Commerce Under Secretary Donald Cravins Jr., Esq.

Dream Exchange CEO, Joe Cecala Joins Over 50 CEOs and Business Experts in the Nation's Capital for the Black Business Policy Conference

Retrieved on: 
Thursday, February 23, 2023

CHICAGO, Feb. 23, 2023 /PRNewswire/ -- Dream Exchange Founder and CEO, Joe Cecala, joined over 50 other CEOs and business experts who gathered in Washington, DC on Wednesday, February 22nd for the Black Business Policy Conference.

Key Points: 
  • CHICAGO, Feb. 23, 2023 /PRNewswire/ -- Dream Exchange Founder and CEO, Joe Cecala, joined over 50 other CEOs and business experts who gathered in Washington, DC on Wednesday, February 22nd for the Black Business Policy Conference.
  • The annual conference, co-sponsored by the National Business League and the National Black Chamber of Commerce was born out of the desire to create an open exchange of ideas for the most current issues affecting black-owned businesses.
  • Namely, among these issues is access to capital.
  • "We are excited to share our progress on opening the first black-owned stock exchange, as well as how we see capital markets playing a vital role in growing emerging businesses," said CEO, Joe Cecala.

National Alliance for Black Business Launch First-Ever Black Business Enterprise (BBE) Certification and Scorecard

Retrieved on: 
Friday, January 27, 2023

ORLANDO, Fla., Jan. 27, 2023 /PRNewswire/ -- The National Alliance for Black Business (NABB), co-founded by the National Business League (NBL) and National Black Chamber of Commerce (NBCC), in partnership with the World Conference of Mayors (WCM) and the Historic Black Towns and Settlements Alliance (HBTSA) today announced the nation's first-ever Black Business Enterprise (BBE) certification and scorecard program at the WCM Black Business Breakfast and Press Conference presented by Comerica Bank.

Key Points: 
  • BBE Certification and Scorecard to be Piloted in Historic Black Towns, and Cities with Black Mayors, Then on National Scale, to Address the Fact That:
    ORLANDO, Fla., Jan. 27, 2023 /PRNewswire/ -- The National Alliance for Black Business (NABB), co-founded by the National Business League (NBL) and National Black Chamber of Commerce (NBCC), in partnership with the World Conference of Mayors (WCM) and the Historic Black Towns and Settlements Alliance (HBTSA) today announced the nation's first-ever Black Business Enterprise (BBE) certification and scorecard program at the WCM Black Business Breakfast and Press Conference presented by Comerica Bank.
  • Minority Businesses according to a 2021 report published by the National Minority Supplier Development Council (NMSDC).
  • The BBE certification is accompanied by the BBE scorecard, a groundbreaking digital accountability tool that will help organizations measure, publish, and improve participation and spend ratios with Black business, led by national Black business organizations.
  • The BBE certification will address the barriers to certification unique to the Black business community and engage Black-owned businesses through established Black commerce channels, which broader diversity and minority certifications have failed to do.

Fintech Players Hone ESG Strategies in Digital Lending Industry: Astra ESG Solutions

Retrieved on: 
Monday, January 23, 2023

Prominently, an uptick in collaboration between investors and firms taking ESG into account has provided an impetus to banks and fintech players.

Key Points: 
  • Prominently, an uptick in collaboration between investors and firms taking ESG into account has provided an impetus to banks and fintech players.
  • Digital lending has added a fillip to financial inclusion, particularly assisting borrowers who may not reap benefits from formal finance sources.
  • Banks are exploring opportunities in ramping up and automating credit processing, including digital lending and imbibing ESG considerations into lending decisions.
  • The trend for end-to-end e-invoicing and payment solutions to help businesses with easy digital transactions has become pronounced among fintech and banks.