Minority Biz - Small Business Tips and News for Minority Owned, Black Owned, and Women Owned Businesses

Since moving to downtown Detroit, Google has been doing its due diligence within the black community in the city. The world’s leading cloud-based technology provider donated a total of $1 million in grants to two inner-city STEM programs in the city earlier this month. Now the company is partnering with the National Business League (NBL) to help black businesses in Detroit succeed in the digital economy.

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The John C. Lodge Freeway, which was first built in the 1950s and named after the former mayor in 1987, connects the city of Detroit to the suburbs, ending in Southfield. That was the inspiration behind native Detroit media personalities Jemele Hill and Kelley L. Carter founding Lodge Freeway Media: to connect the world to stories about people of color, specifically women.

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Liberty Bank and Trust Company is providing $4 million in financing to the Detroit-based Entrepreneurs of Color Fund, a well-known loan fund that helps black-owned businesses in the Motor City grow.

The capital infusion by Liberty Bank, No. 3 on the BE Banks List of the nation’s largest black-owned banks, will allow the Detroit Development Fund to boost the lending capacity of its Entrepreneurs Color of Fund to $22 million.

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Norma G’s Cuisine, an authentic Caribbean cuisine restaurant, is the first sit-down, full service establishment in Detroit's Jefferson-Chalmers neighborhood in 30 years.

The sleek, new dining destination gets its name from owner and chef Lester Gouvia’s mother, and seats 91 people inside, which includes seating for 12 at the bar. It also features a high-top seating area, plenty of windows that brighten the casual space and retractable window that opens to patio dining.

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The Roberts Riverwalk Hotel, which is the only African-American-owned historic boutique hotel located on the banks of the majestic Detroit River, was granted a $4.8 million energy efficiency and property sustainability program. The program was approved by Lean and Green Michigan for PACE (Property Assessed Clean Energy),in partnership with PACE Energy Services, Structured Finance Associates, and Wayne County.

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The city of Detroit has two problems when it comes to the multimillion-dollar residential projects popping up all around the city: inclusiveness to African-Americans living in them and African-Americans developing them. At least one of those issues were addressed for the three new residential projects being developed in the city’s historic Brush Park neighborhood on the outskirts of downtown.

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Finding the perfect card that says all the right things can be difficult, but Andrea Williams sure has the perfect card for the occasion. Founded by Williams, Paisley Paper Co. is a black-owned stationery company located in Detroit, Michigan that is here to meet all your stationery needs.

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All you need is one bite of Jackson’s Five Star Catering and it will have you wanting to come back for more. Founded by husband and wife duo, Anthony “Tony” and Cindy Jackson, the full-service catering company has been serving delicious food to the Detroit area since 1995, specializing in dinner parties, family picnics, baby showers, gourmet boxed lunches, elegant weddings, corporate events, and other amenities. And it all started through inspiration from Tony’s mother.

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Abdul O. Golden’s main objective in life is to help men of color grow. Whether it is through his Golden Grooming Company line of skin and hair care products or his philanthropy work with underserved communities and Historical Black Colleges and Universities.

“We strongly believe in self-empowerment and helping our community,” said Golden. “We believe in controlling our own destiny, healthy living, and taking care of our community. While you’re busy improving yourself and the lives of those around you, we make sure you look good doing it.”

Golden grew up in the neighborhood near East Eight Mile and Van Dyke and graduated from Osborn High School in Detroit. He also has degrees from Eastern Michigan University, Wayne State University, and Lawrence University. Golden is an accomplished individual but something was missing from his life as an entrepreneur and owner of a Tech Town Detroit software company in the early 2000s.

“I sold that company and went back to corporate America for a while,” he said. “I realized I missed owning my own business and so, I knew I wanted to start another business, but I didn’t really know what I wanted to do. Then I kind of reflected on my past experiences.”

“I used to travel a lot for my job and there was a situation where I was trying to get ready for a trip and I happened to be out in Bloomfield somewhere and I was scrambling around to different drug stores trying to find grooming products. Being out there, it really wasn’t a lot that I could choose from. I thought about that experience and came to the conclusion that there was an opportunity in that space.”

Golden created Golden Grooming Co. in 2015, providing high-quality, all-natural grooming products specifically designed for men of color and began fully operating as a company in 2017. The company offers three products, including a beard, hair, and body wash, beard balm, and healing body lotion. All of the products are 100 percent natural, plant-based, and healthy for the mind, body, and soul of colored men.

“There a several unique aspects to this company and what we are trying to do,” said Golden. “First and foremost, this company is about really empowering men and helping them on their journey of living a healthy lifestyle. We are making products that help men that are on that journey. The products on the market aren’t good for men of color and our stuff is specifically designed and formulated for the needs, wants, and desire of men of color. What you put on your skin is just as important as what you put into your body.”

Staying ahead of the game, while keeping their community in mind, 5 percent of sales from Golden Grooming Co. will be donated to programs that foster entrepreneurship in youth of color from underserved communities, in addition to providing financial support for HBCUs at the end of 2018.

“As a company, we believe in giving back,” Golden said. “It’s not just about doing good for yourself, it’s also important to help others and contribute to your community. This is just a way that we think we can do that.”

“We know how important of a role HBCUs play in our community and to our people. Historically, they’ve been under-resourced and challenged. This is our way of trying to help how we can. Entrepreneurship is another path you can take to becoming a healthy, productive, member of society. And we like to donate to causes that help kids under entrepreneurship.”

Source

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Workspaces are popping up all over downtown and midtown Detroit but there are not too many in the neighborhoods. Thanks to the Motor City Match program, Elite Detroit Leadership event space, co-working space, and entrepreneurial hub will be coming to the Six Mile and Gunston area by the end of 2018.

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