SBAZ IMPACT Stories

Two Community Development Financial Institutions with...

Part of the IMPACT Stories series by State of Black Arizona. How Growth Partners Arizona and Hustle PHX are revolutionizing support for small businesses and addressing the wealth gap Andre Whittington and Oye Waddell both lead nonprofit organizations with a portfolio of economic empowerment programs, including formal community development financial institutions certified by the U.S. […]

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Character Counts for Loan Support from the Community-Managed...

Part of the IMPACT Stories series by State of Black Arizona. The impact of alternative financing opportunities and capital access for small businesses Keneshia Raymond builds businesses for a living. Thirteen years of working in her own businesses (in the wedding industry, tech, education, etc.) and with other entities helping early-stage entrepreneurs and fundraising for […]

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Arizona Black Chamber Supports Businesses Through Impact...

Part of the IMPACT Stories series by State of Black Arizona. How Impact AZ sets the stage to close the racial wealth gap for Black-owned Arizona businesses The August 2022 State of Black Business report made waves when it was released. The research highlighted stubbornly large financial gaps for Black-owned businesses which, overall, still are […]

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We Rise Accelerates Growth for Black-Owned Businesses

Part of the IMPACT Stories series by State of Black Arizona. Increasing the number, longevity and clout of Black-owned enterprises Arizona’s Black residents represent six percent of the state’s population, but Black-owned businesses account for just three percent of all businesses and 1.5 percent of employer businesses (those with more than 1 employee). Thousands more […]

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City of Tempe and Community Partners Support Manufacturing...

Part of the IMPACT Stories series by State of Black Arizona. How the City of Tempe BIPOC Manufacturing Program is growing opportunities for Black, Indigenous and people of color entrepreneurs Black-owned businesses have been most visible in health and social assistance fields and consumer sectors. Whether due to an overriding drive to serve residents or […]

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Blax Friday – A Statewide Directory Celebrates Black-Owned...

Part of the IMPACT Stories series by State of Black Arizona. Celebrate, support and expand black business — impact for Arizona More than 20 years ago, two Black San Francisco entrepreneurs created Black Business Month, which is observed nationally every August. They sought to celebrate the Black business community’s accomplishments and the significant potential it […]

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