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August: Black Business Month

Posted by Aurora Tights on
August: Black Business Month

August is the start of  National Black Business month. This month is used to highlight the role of black business in our overall economy. It's an opportunity to focus on a community thats underrepresented when it comes to having opportunities for wealth. It was created in 2004 by two black business men; John Williams Templeton and Frederick E Jordan.

(Jordan (left), Templeton)

 

They understood the impact of black business and how important they are. John Williams Templeton was the editor of the oldest black newspaper. Frederick E Jordan is the owner of a construction and engineering management company. He started this business in 1969 from his home at first. 

The start of black business month initially came from Jordan's own struggle with gaining access to financial backing and funding for his company. The intentions of Jordan and Templeton were " to drive the policy agenda affecting the 2.6 African American businesses"(in 2004). It is to empower and identify the challenges faced by minority business owners.

 

 As of 2022, 35 percent of black. owned businesses are women owned. Of course, Aurora Tights is one of them. The Aurora team is composed of a figure skater, synchronized ice skater and a competitive dancer with 60 years of combined experience. The owners are three black women.

If you want to support a black owned business this month and the next: go to our website auroratights.com.

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