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Black Business Association
The Black Business Association’s mission is to advocate and promote the development of African-American owned businesses with the goal of creating a firm economic base that support the self-determination and survival of the African-American and urban community by:
- Identifying and creating financial opportunities for the growth and stability of African-American owned businesses
- Being a community voice that advocates for the success of small businesses
- Being a conduit for the merging of resources, values, profits, technology and people
- Promoting the development and support of minority business enterprises within the domestic and international economies by encouraging and generating greater access to market opportunities and capital
- Provide training for entrepreneurial professional development
- Supporting and contributing to the economic base and progress of the African-American community
- Developing coalitions that support our political endeavors to effectively achieve public recognition and political influence for African-American business owners.
___ Advocacy ___
The Black Business Association maintains very effective working relationships with elected and appointed officials for the support of African-American business development. Locally, statewide and in Washington, DC, we are constantly aware of pending legislation that might affect our member’s businesses, their growth and even their ability to conduct business.
When legislation is being considered that affects our mission, the BBA quickly mobilizes to work with key policy makers to support, defeat or modify the bill and pursue the BBA position. As an organization, we are constantly at the helm, securing innovative means and policies that protect our constituency and their business interests.
____ History ___
In 1970, a group of entrepreneurs recognized that there was need for an organization devoted to promoting black business and its development. Recognizing the value of combined knowledge, skill, and advocacy, these individuals set a path for regular meetings in Los Angeles, CA. As the 1965 Watts Riots was still fresh in many of their experiences, they quickly realized the urgency to share resources to gain access to major contracting opportunities.
Thus, a nonprofit business group was formally established in the spring of 1970, originally named the Black Businessmen Association.While the name was shortly changed to reflect women business participation in the executive management of the Black Business Association, our methods and essential focus have remained steadfast to share beneficial information for the survival and self-determination of the African-American community.