Black Owned and or Managed

Black-owned or managed businesses are those where at least 51% of the ownership or management is held by people of African descent. These businesses contribute significantly to the economic vitality of communities across the United Kingdom and the United States, employing millions of people and generating billions of dollars in revenue.

Examples of Black-owned or managed businesses in the UK:

• Restaurants: The restaurant industry is home to many successful Black-owned businesses, including Mangal in London, which serves authentic Caribbean cuisine, and Ikoyi, also in London, which offers fine dining with a focus on West African flavors.
• Beauty and barbershops: Black-owned hair care and barbershops have a long and rich history in the UK, and they continue to be important businesses in many communities. Examples include the iconic All Saints Barbers in London, which has been serving the community for over 50 years, and the award-winning Afrocenchix hair care brand.
• Fashion and retail: Black-owned fashion and retail businesses are gaining recognition for their innovative designs and customer service in the UK. Examples include the luxury clothing brand AWAKE Fashion, founded by Chioma Obah, and the popular London-based menswear store Brotherhood, which showcases emerging Black designers.
• Technology and media: Black entrepreneurs are making a mark in the technology and media industries in the UK. Examples include the tech companies Ubele, which provides digital solutions for businesses, and Colourful, which promotes diversity in the tech industry, and the media outlets Afropean, which focuses on Black British culture, and Black History Month UK, which is a leading platform for Black British history and culture.
• Real estate and financial services: Black-owned real estate and financial services businesses are helping to bridge the wealth gap and provide essential services to communities in the UK. Examples include the property investment company The MBS Group and the financial services company Diverse Finance Group.

Examples of Black-owned or managed businesses in the US:

• Restaurants: The restaurant industry is home to many successful Black-owned businesses in the US, including Marcus Samuelsson's Red Rooster Harlem, Pinky Cole's Slutty Vegan, and José Andrés's ThinkFoodGroup, which has a portfolio of restaurants that employ thousands of people.
• Beauty and barbershops: Black-owned hair care and barbershops have a long and rich history in the US, and they continue to be important businesses in many communities. Examples include the iconic John F. Harris Barbershop in Washington, D.C., and the renowned Carol's Daughter hair care brand.
• Fashion and retail: Black-owned fashion and retail businesses are gaining recognition for their innovative designs and customer service in the US. Examples include Sean John, founded by Sean Combs, and the beloved Harlem clothing store Dapper Dan, which has collaborated with high-end fashion brands like Gucci and Dior.
• Technology and media: Black entrepreneurs are making a mark in the technology and media industries in the US. Examples include the tech companies Black Star Media and Codecademy, and the media outlets The Root and Essence Magazine.
• Real estate and financial services: Black-owned real estate and financial services businesses are helping to bridge the wealth gap and provide essential services to communities in the US. Examples include the real estate brokerage firm Mo'Kelly Enterprises and the financial services company OneUnited Bank.

These are just a few examples of the many successful Black-owned or managed businesses that contribute to the economy and culture of the United Kingdom and the United States. These businesses are creating jobs, providing goods and services to communities, and fostering innovation. They are also playing a vital role in addressing systemic racism and economic inequality

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