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Monday, Oct 2, 2023

2021 Black Business Matters: From Awareness to Action

July 28th, 2021 | 2:00 pm – 3:00 pm

Free Virtual Event

The Los Angeles Business Journal, in partnership with the Greater Los Angeles African American Chamber of Commerce, hosted a free digital event to discuss ways we can foster a more socially-conscious
Community of Business™.



• Access to capital for Black Businesses
• Best practices
• Challenges, pitfalls and the direction policies are headed.



Building Community & Change

E’Tiffany Jones
Manager, Communications and Strategic Partnerships

“When businesses flourish, so do their communities.
Investing in Black companies is an essential first step
to close the socio-economic gap that plagues the Black
community. Supporting Black-owned business will cultivate
generational sustainability for families and employees and
will allow future business owners to thrive.”

Kandee Lewis
Chief Executive Officer, Positive Results Center
Civil and Human Rights Commissioner, City of Los Angeles

“Black business matters, but is it respected? According
to Nielsen, African Americans wield $1.3 trillion in
annual spending power; however, we’re not respected
as consumers. Black people must become socially
conscious consumers and entrepreneurs.”

Robert Sausedo
President & Chief Executive Officer
Community Build Inc.

“It is up to Black leaders to harness the power and
momentum of this present social movement to ensure
inclusivity, equity and diversity are not just buzz words,
but become the foundation of business success.”

Robert D. Taylor
President & CEO, Centinela Capital Partners

“Black America’s wealth challenge and its dire
consequences have been chronicled for decades. It has
roots in almost every factor that influences wealth known
to economists. Market success is central to wealth creation making Black business an
essential part of the solution. However, a serious response must be as comprehensive as
the factors and as persistent as racial bias has been in the roots.“


Building Businesses & Wealth

Gene Hale
Greater Los Angeles African American Chamber of Commerce

“The Greater Los Angeles Chamber African American
of Commerce has dedicated itself to growing economic
opportunity, talent, and employment in the Los Angeles
area. Throughout the decades, GLAAACC has remained
devoted to the idea that a strong business community is the backbone of a strong city.“

Charlotte Redden Hamilton
Dean, College of Social Sciences
Saybrook University

“As an African American entrepreneur in counseling private
practice, and wife, daughter and granddaughter of African
American men in technology, welding and construction,
I’m reminded of how important dreams are fulfilled in
ownership but how it could quickly become a dream deferred.”

Jonathan Hodge
SVP and Financial Advisor
Affinity Wealth Partners at UBS Wealth Management USA

“There is tremendous opportunity for Black businesses to
build multigenerational wealth. As a financial advisor,
my desire is to bring necessary resources to the Black
community to achieve this goal.”

Reginald Roberts, Jr.
Co-Managing Partner
Sanders Roberts LLP

“In this global economy, diversity is not a talking point –
it’s a business necessity. Engaging diverse talent, counsel,
and suppliers makes businesses more relevant and
prepared to address the needs of consumers. Businesses
that thrive embrace the colorful tapestry that is US!”

Event Polling Results:








Inside This Supplement

Tackling the Health Care Inequity Problem

The good news is that the waiting list for a lifesaving organ has decreased by 10% over the past five years. This is a glowing testament to those who say yes to donation and the wonderful demonstration of the generosity of so many…. Read More

Nonprofits are a Critical Link in Black Business Matters

As one of South Los Angeles’ legacy nonprofits, Community Build, Inc. (CBI) was founded on the principle that support and change start at the community level. The agency was created by Brenda Shockley and Congresswoman Maxine Waters as a response to the conditions that led to the 1992 Civil Unrest in Los Angeles… Read More

Bringing Racial Equity Action Initiatives to the Forefront

Black business clearly matters to the Los Angeles Department of Water and Power (LADWP). The department is committed to providing business opportunities to disadvantaged, minority, and women-owned businesses in our community… Read More

Overcoming the “Third Generation Rule” Challenge

According to the “third-generation rule,” 70% of affluent families will have lost their wealth by the third generation. This economic adage addressing the longevity of multigenerational wealth has been well studied across cultures and professions… Read More

Black Business Matters, But is it Respected?

Black business matters, but is it respected? According to Nielsen, African Americans wield $1.3 trillion in annual spending power; however, we’re often not respected as consumers or entrepreneurs… Read More

Growing Business Through a Pandemic

Businesses, like people, must adapt to changing times to survive. The pandemic forced every business, ours included, to take inventory of its resources, redirect energies, and chart a new path forward… Read More

Creating a Pipeline for Black Business and Wealth

The global pandemic caused a paradigm shift for Black small business owners that will reverberate for generations. During the COVID-19 shutdown, four out of ten black-owned businesses closed, a rate that was double the closure rate of white-owned businesses… Read More

Accelerator Program Aims to Support Los Angeles Black-Owned Businesses

The Black Business Excellence Technical Assistance Initiative will be accepting applications from Black-owned businesses to join its free accelerator program through Aug. 6… Read More



View last year’s webinar recording here.


If you’re interested in sponsoring, speaking or partnership opportunities please call (323) 549-5225 or email us.

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