Dear San Francisco Business Community,

Happy Black Business Month!

As we celebrate Black Business Month this August, it is essential to reflect on our progress and recognize the ongoing challenges that Black-owned businesses face. According to 2018 data from the Annual Business Survey and Non-employer Statistics by Demographics, Black-owned businesses represent a vital and growing sector of our economy. With over 3.2 million Black-owned businesses employing more than 1.18 million workers nationwide, they contribute significantly to our economic fabric. Despite this, only 2.4% of employer firms were Black-owned in 2019, highlighting the need for continued support and advocacy.

National Black Business Month, established in 2004 by Frederick E. Jordan and John William Templeton, is more than a commemoration—it’s a call to action. Systemic barriers and institutional racism have historically hindered the growth of Black-owned businesses, and we must address these issues with a commitment to fostering an equitable business environment.

While strides have been made in San Francisco towards diversity and inclusion, we must acknowledge that we are not yet where we need to be. Local government officials, community leaders, and venture capitalists are pivotal in shaping a more supportive landscape for Black- owned businesses. This support is not just a matter of fairness; it’s a strategic investment in lowering unemployment rates within the African American community and building generational wealth.

The San Francisco African American Chamber of Commerce (SFAACC) continues to be a beacon of support, focusing on removing barriers to contracts, capital, and employment for Black-owned businesses. Our commitment extends to providing essential resources such as financial and management training and mentoring programs designed to equip our members with the tools they need to thrive.

However, we need a collective effort from all business community sectors. It is time for both public and private businesses in San Francisco to take concrete steps toward ensuring that Black businesses have access to the resources they need to succeed. This includes addressing immediate barriers and fostering an environment where diversity and inclusion are integral to business practices.

As we mark this important month, let’s reflect on the value Black-owned businesses bring to our community and commit to making San Francisco a place where every entrepreneur, regardless of background, has the opportunity to succeed. Supporting Black companies contributes to a richer, more vibrant, and equitable economy.

Thank you for your dedication and action.

Brigette

Brigette R. LeBlanc, MTA

Vice Chair of the Board of Directors
Membership Chair