Dear African American Business Community,

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Historically, black-owned companies, like Madam C.J. Walker's hair-care line and the businesses that formed Tulsa, Oklahoma's Black Wall Street, were developed in direct response to racial discrimination. Today, we face the ongoing challenges and triumphs of the African American business community. It's clear that despite historical injustices and persistent obstacles, black entrepreneurs have made significant contributions to American society and continue to do so today.

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The issue of disparities in homeownership rates, particularly in areas like the Bay Area, underscores the systemic barriers that many African Americans face in building wealth and achieving economic stability. Homeownership in the black business community is a crucial pathway to generational wealth, and addressing the factors that limit access to it is essential for promoting economic empowerment within the black community.

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SFAACC understands that black businesses' ongoing recognition and support beyond just Black History Month is crucial. By highlighting the achievements and contributions of black entrepreneurs year-round, we can work towards fostering a more inclusive and supportive economic landscape where all businesses have the opportunity to thrive.

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It's evident that the success of black entrepreneurship benefits the African American community and contributes to the overall strength and diversity of the American economy. Building a robust black economy is a matter of social justice and an economic imperative for the nation. We must continue to support our African American business locally, one business at a time. Top of Form

 

We have the power,

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Brigette

 

Brigette R. LeBlanc