Black Business Month is here and it’s time to celebrate our local entrepreneurs.

Black Business Month is celebrated annually in August to recognize and appreciate black-owned businesses and their contributions to our economy. Approximately 10% of all American businesses are owned by blacks, according to National Today. Major industries in which black-owned businesses operate include health care, social work, repair and maintenance, beauty salons, restaurants, and more.

So how did this annual celebration begin?

More:It’s National Black Business Month. Here are 21 black-owned businesses to support

History of Black Business Month

Entrepreneur Frederick E. Jordan and President of eAccess Corp. John William Templeton founded Black Business Month in 2004. Their goal was to empower black business owners across the country, while also highlighting the unique challenges many of them face.

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