{"id":20330,"date":"2021-08-26T15:50:24","date_gmt":"2021-08-26T19:50:24","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/brooklynbuzz\/the-black-business-network-helping-to-sustain-black-owned-businesses-including-those-in-east-new-york\/"},"modified":"2025-02-13T09:40:48","modified_gmt":"2025-02-13T14:40:48","slug":"the-black-business-network-helping-to-sustain-black-owned-businesses-including-those-in-east-new-york","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/the-black-business-network-helping-to-sustain-black-owned-businesses-including-those-in-east-new-york\/","title":{"rendered":"The Black Business Network Helping to Sustain Black Owned Businesses Including Those in East New York"},"content":{"rendered":"<p class=\"\">Covid-19 dealt a heavy blow to Black-owned businesses: it is estimated that less than half will survive the crisis. In the wake of the Black Lives Matter movement, multiple banks and foundations have announced loans or grant funding explicitly focused on supporting and resourcing Black-owned businesses. This targeted support for Black-owned businesses is much overdue.<\/p>\n<p class=\"\">However, access to capital is not enough. To set up Black businesses for survival and long term success, they must also be provided technical assistance tailored to the needs of Black business owners and would-be entrepreneurs, connections to small business networks and re-imagined neighborhood infrastructure that emphasizes cooperation and collaboration.<\/p>\n<p class=\"\">The <a href=\"https:\/\/www.togetherwethrivenyc.org\/\"><strong>Together We Thrive: Black Business Network<\/strong><\/a> is a coalition that provides Access to Capital, Networks and Technical Assistance to support Survival, Success &amp; Sustainability of Black-owned businesses. Unlike other loan or grant programs, this initiative provides wraparound services designed by and for Black-owned businesses while also strengthening the entire Black business ecosystem to promote self determination, generational wealth, and equitable neighborhoods.<\/p>\n<p class=\"\">The Coalition\u2019s broad network is teaming up with culturally relevant technical assistance partners who can supply instructors, mentors, and peer advisors that understand and reflect the challenges, opportunities and pride of being Black-owned.<\/p>\n<p>The organization recently showed their support for <a href=\"http:\/\/fusioneastny.com\/\"><strong>Fusion East Restaurant<\/strong><\/a>, a black owned establishment in East New York. See the video below with Fusion East owner, <strong>Andrew Walcott<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Covid-19 dealt a heavy blow to Black-owned businesses: it is estimated that less than half will survive the crisis. In the wake of the Black Lives Matter movement, multiple banks and foundations have announced loans or grant funding explicitly focused on supporting and resourcing Black-owned businesses. This targeted support for Black-owned businesses is much overdue. [&hellip;]<\/p>\n","protected":false},"author":5893,"featured_media":20331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[30,2717],"tags":[],"class_list":["post-20330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arts-and-culture","category-bk-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Black Business Network Helping to Sustain Black Owned Businesses Including Those in East New York - Brooklyn News and Events<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/the-black-business-network-helping-to-sustain-black-owned-businesses-including-those-in-east-new-york\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Black Business Network Helping to Sustain Black Owned Businesses Including Those in East New York\" \/>\n<meta property=\"og:description\" content=\"Covid-19 dealt a heavy blow to Black-owned businesses: it is estimated that less than half will survive the crisis. In the wake of the Black Lives Matter movement, multiple banks and foundations have announced loans or grant funding explicitly focused on supporting and resourcing Black-owned businesses. This targeted support for Black-owned businesses is much overdue. 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