Celebrating National Black Business Month across the state
Each year in August, the nation highlights the contributions of Black-owned businesses to the economy.
National Black Business Month is important to spotlight the individuals who are encouraging economic activity in our local economy. This month of recognition is important because it brings attention to the challenges Black entrepreneurs face, such as access to capital, systemic discrimination, and lack of mentorship opportunities. These businesses often provide jobs, services, and products to underserved areas, contributing to overall community development and stability.
Furthermore, highlighting successful Black-owned businesses and entrepreneurs can inspire the next generation of Black business owners, by demonstrating that success is achievable despite systemic barriers.
In honor of the month, the Tennessee Department of Economic and Community Development (TNECD) announced that Commissioner Stuart C. McWhorter will be making stops across the state to recognize Black-owned businesses in Tennessee. The department worked alongside other state partners and local stakeholders to identify businesses in each of TNECD’s nine regions as having significantly impacted their employees, their community, and the state of Tennessee.
The companies include:
- ActionVFX – Johnson City, Washington County
- Cocoa Asante – Chattanooga, Hamilton County
- Hardy Beverages – Memphis, Shelby County
- Helen’s Bar-B-Q – Brownsville, Haywood County
- John’s Place – Cookeville, Putnam County
- Johnson Heating & Air – Union City, Obion County
- Premiere Building Maintenance Corporation – Knoxville, Knox County
- Uncle Nearest – Shelbyville, Bedford County
- Citizens Bank – Nashville, Davidson County
Some have been in business for over 100 years and have been staples in their communities for decades, while others are paving the way for a better future for all Black-owned businesses. All have positively impacted their communities and those around them.
“From renowned visual effects companies and chocolatiers to the nation’s oldest Black-owned bank and the fastest-growing whiskey brand in American history, these companies, their leadership and staff are a testament to the Volunteer State’s vibrant culture,” Gov. Bill Lee said. “I applaud these businesses for their outstanding contributions to our state.”
For more information about Black-owned businesses across the state, visit the TNECD website.
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