If you’re reading this, chances are you know the obstacles faced by BIPOC business owners. Systemic racism has erected so many barriers for BIPOC entrepreneurs and by extension the communities that they live in. Local businesses are the lifeblood of communities they keep wealth circulating, and create a tax base that funds services and contributes to the overall wellbeing of communities.
Often discrimination prevents minority owned businesses from securing funding that’s needed to scale their businesses. On the other hand consumer spending accounts for 70 percent of the total US economy. Only 14 percent of that money is recirculated into local communities by big box stores compared to 48 percent by locally owned businesses.
If we want to see Black and Indeginous communities thrive, economically supporting businesses in those communities is a necessity. Spending money with these businesses is the most tangible way you can show your support for…