Latest Articles

'It’s Already Been Written': Serial Entrepreneur Larry Morrow Says He Wants To Have The Largest Black-Owned Hospitality Group In The US

This New Orleans, LA, entrepreneur has his sights set on a hospitality takeover! When serial hospitality entrepreneur Larry Morrow and his mother, Lenora Chong, opened the doors to Morrows in 2018, it was all a part of the bigger vision to bring more Black-owned restaurants to the vibrant, history-rich city of New Orleans. Fast-forward to 2024, nearly six years later, Morrow and company have opened the doors to Morrow Steak, a second steakhouse located in the Crescent City, Blavity reports. The restaurant, which seats about 125 people, and is geared toward celebrating any type of special occasion, features a menu that is yet another nod to Morrow’s Korean background on his mom’s side with a blend of classic steakhouse fare and Asian-inspired dishes. From a tomahawk ribeye and wagyu steak to broiled snapper, marinated pork chops, and side dishes like lobster mac and cheese, Morrow’s Steak has a little something for everyone. Its vegan dishes like kung pao cauliflower allow Morrow to...

Jul 19, 2024

Small Business Owners Can Now Apply To This Program That’s Offering $20K Grants

Hello Alice is continuing its commitment to serving underserved entrepreneurs. In partnership with the Global Entrepreneurship Network (GEN), Hello Alice has officially launched the next round of Baltimore Gas and Electric Company’s (BGE) Energizing Small Business grant program. The initiative offers $20,000 grants to central Maryland businesses to help them succeed and thrive, according to the Hello Alice website. No stranger to empowering local small businesses, the BGE Energizing Small Business grant deployed more than $2.5 million in grants to 129 small businesses in central Maryland in 2023. “When small businesses thrive, they become powerful economic engines, creating even more opportunities in their communities and we are so pleased to celebrate today’s grant recipients,” said BGE President and CEO Carim Khouzami in the 2023 grant announcement. “Since 2019, BGE has granted over $13 million to small businesses throughout Central Maryland. This is in addition to other small...

Jul 11, 2024

Shaquille O'Neal Said He'd Be Opening 50 Big Chicken Locations In Texas In 2022, But What State Is He Heading To Next?

Shaquille O’Neal is taking his restaurant franchise talents to Nebraska. The former NBA superstar-turned-serial entrepreneur has announced that his fast-casual restaurant franchise, Big Chicken, will expand to the Omaha market, according to KETV Omaha. O’Neal plans to open two Big Chicken locations in Omaha, led by father-son duo and local entrepreneurs Tom and Zak Davis. “Our experience has provided us a perspective on Big Chicken that we feel fantastic about. We know that it is the right time to bring the quickly growing brand to Omaha,” said Tom, per KETV. “There are a lot of parallels for us with Big Chicken and its leadership team. We have a deep appreciation for running great restaurants, and Big Chicken’s team is equal to the match. We have been following the growth of Big Chicken for a while, and once we were finally able to try the menu, we decided to get serious about opening our own stores in Omaha.”   View this post on Instagram   A post shared by Big Chicken...

Jun 27, 2024

Angela Rye, Principal And CEO Of Impact Strategies, Announced As A Guest Speaker For The Highly Anticipated AFROTECH™ Executive Newark

In case you missed it, AFROTECH™ Executive is heading to New Jersey. If you’re unfamiliar with the event, previous stops included Seattle, WA; Washington, D.C.; Brooklyn, NY; and more. As the event heads to Newark, NJ, on June 28, attendees will have the opportunity to explore topics like practical AI applications, equitable resources for entrepreneurs, tech advancements, and innovative economies. In addition, the highly anticipated AFROTECH Executive Newark will allow attendees to hear from speakers like A ngela Rye, principal and CEO of IMPACT Strategies and co-host of the Native Land Pod. Her fireside chat will focus on bridging the gap for an equitable community. The conversation, moderated by Black Tech Green Money host Will Lucas, will explore a world where opportunities and access are endless, ensuring that entrepreneurs who represent the community are equipped with the tools needed to be successful and can inspire others to build a more accessible, diverse, and thriving...

Jun 20, 2024

The First Black Vineyard Owner And Wine Producer In Mendocino County, CA, Is Giving Students Funding To Ensure More Come After Her

Theodora Lee is the first Black vineyard owner and wine producer in Mendocino County, CA. Lee’s introduction to wine began when she was 8 years old, while she was helping her grandfather on his cattle farm in Texas. By the 1980s, she had developed a personal interest in wine. ”My dad picked wild Muscadine grapes and made home brew,“ she told The Press Democrat. ”Given that Muscadine was my first introduction to wine, I found that sweet and syrupy wine nasty. I really had no taste for wine until I moved to California in the ’80s and learned about fine wine.“ Lee chose a path in law , working more than 36 years at the Littler Mendelson, P.C. law firm and splitting her time between Yorkville Highlands, CA; Oakland Hills, CA; and Dallas, TX. However, her passion for wine led her to add a new title to her resume: wine producer. “My first introduction to a grape farm was in Healdsburg, [CA], and specifically Dry Creek Valley,“ she said. “Walking that vineyard made me want to become a...

Jun 12, 2024

How To Elevate Your Experience At AFROTECH™ Conference 2024 With Founder Circle

The 2024 AFROTECH™ Conference is just months away, and the countdown has begun with even bigger and better ways to empower the community. As one of the largest cultural events dedicated to individuals evolving the tech space, AFROTECH™ offers something for everyone — whether you’re an industry enthusiast, hold a C-Suite position, or are the CEO of your own company. The conference’s latest initiative is designed specifically for founders. Since its inception in 2016, AFROTECH™ has been committed to empowering the community. The new AFROTECH™ Founder Circle intends to continue this mission by focusing on reducing attendance costs, enhancing skill sets, and expanding access for founders within the community. The all-new program will operate under a three-pronged strategy: enhancing executive presence and leadership, broadening access to venture capital networks, and fostering peer-to-peer learning and support. In collaboration with Blavity.org, AFROTECH™ will sponsor 200 tickets for...

Jun 7, 2024

Why Founder Pinky Cole Opted Not To Use Traditional Marketing To Spread The Word About Slutty Vegan

As Pinky Cole continues to reach the pinnacles of success as an entrepreneur, she also lifts others as she climbs. The Slutty Vegan founder and CEO has never been afraid of taking risks and betting on herself, even when the odds are stacked against her. Her Atlanta, GA-based restaurant has been wildly successful, even though she created the concept as a passion project, initially launching the company as a food truck without focusing solely on profit. “I pinch myself every day,” she told AFROTECH™ in a recent interview. “Sometimes we’re so immersed in our work that we don’t realize the blessings happening around us. I think about how Slutty Vegan opened the door for me to partner with PepsiCo on the Pepsi Dig In Campaign to support Black-owned restaurateurs. As a leader in this space, I can help provide the support they need.” Cole added, “It’s all been a passion project for me because I get to help people reimagine food in a way they never have before. Every single day, I’m humbled...

Jun 3, 2024

Ready For Your Startup? Here Are Unique Business Name Ideas To Drive Success

When it comes to having a lucrative business, it’s crucial to be descriptive when selecting a name; being descriptive can be effective in appealing to the fantasies of your audience. A descriptive name clearly explains what your business does, making it easier for potential customers to remember your brand identity and envision its value. Take a cue from successful businesses in the same industry and follow how they use descriptive names and wordplay to name their brands and businesses. Your business name should remind your target market of your brand promise and provoke the right emotions toward your business. For example, “Crunchies” for a snack brand resounds the promise of an ever-crispy savory fresh snack that keeps giving. With that in mind, let’s explore some unique business name ideas across industries to inspire creativity as you coin yours. Tech Startups The tech industry is about innovation, reliability and continuous product delivery, so the name should align with your...

May 30, 2024

A Comprehensive Guide For Entrepreneurs Who Want To Open A Franchise

Franchising is a strategic way to hit the ground running with your new business while building on the legacy and structure of an established business brand. Here’s a friendly guide to help you understand what it takes to open a franchise and what to expect along the way. New businesses use this model to buy brand recognition , a proven business model and dedicated support from successful businesses. What To Know As An Entrepreneur Opening A Franchise Entrepreneurs who want to open a franchise should consider the following: Background Check Do your research on various opportunities and terms. Consider industries that interest you and have growth potential. Look into the franchisor’s reputation, the level of support they offer, and their financial health. Business Appraisal Entrepreneurs who want to open a franchise should assess your skills, interests, and financial situation. Opening a franchise requires a significant investment, so ensure you have the necessary capital or access to...

May 24, 2024

Jeneé Naylor Went From Being A Target Employee To Snagging A Business Opportunity With The Retailer

There is so much beauty in making your dreams come true, and this former Target employee’s transition from team member to collaborator for its recent Future Collective collection is proof! Before launching her fashion brand, Jeneé Naylor began her Target career in 2012, quickly rising to the role of store director at stores across the Washington, D.C. area after several years of hard work and commitment. Now, 11 years later, the company has unveiled its latest Future Collective collaboration with Naylor and her brand, which features 70 new pieces designed with individuality in mind, according to Target’s company blog.   View this post on Instagram   A post shared by Target (@target) “From sketching designs in high school to working in retail, fashion has always been a passion of mine,” Naylor said. “It wasn’t until I was working full-time that I started posting my outfits on social media and gaining traction. Because my Target work schedule was so busy, I would create and batch...

May 23, 2024

Mobile Businesses: The Spaceless Market

One of the challenges entrepreneurs encounter is finding a location to situate their business. There is a lot of processing and costs that go into securing a business location or outlet, but not all businesses require a physical location. Rather than waiting for your customers to walk in, you can take your services to them. A mobile business is not bound by space; it assumes the space of its clients. It offers flexibility and minimal startup costs. Here’s a list of mobile business ideas you can create today. 10 Mobile Business Ideas Food Truck Food trucks have become a popular and trendy way to serve delicious food. Whether it’s gourmet burgers, tacos, or ice cream, a food truck allows you to move to different locations, reaching a broader customer base. Plus, you can participate in events and festivals to increase your exposure. Pet Grooming Pet owners love the convenience of mobile pet grooming. You can offer services like bathing, trimming, and nail clipping right at the...

May 23, 2024

Kevin Hart's Gran Coramino Tequila Has Donated Over $1M To Small Black And Latinx Businesses

Kevin Hart’s Gran Coramino Tequila has officially reached a new milestone. According to a press release shared with AFROTECH™, since its inception in 2022, the ultra-premium tequila company has provided more than $1 million in grant funding to over 100 Black and Latinx small-business owners and entrepreneurs through its Coramino Fund. The fund, powered by the company founded by Hart and 11th-generation tequila maker Juan Domingo Beckmann, has made giving back to the community its main priority from the very beginning, honoring its “vision to celebrate life’s hard-earned moments” by donating $1 from every bottle sold to support underrepresented entrepreneurs in the United States and Mexico. “As an entrepreneur myself, I’ve seen how early financial support can impact the long-term success of the business,” Hart said in a statement. “The Coramino Fund was created to provide support to some of the hardest working people out there — entrepreneurs and small business owners.”   View this...

Apr 24, 2024

Rapper Xzibit Opens A Marijuana Dispensary After Creating A Podcast To Remove The Stigma In The Cannabis Industry

He made his mark in rap, now Xzibit is looking to do the same in a new industry. The “Get Your Walk On” artist, born Alvin Nathaniel Joiner, will be scaling his interest in the cannabis industry. In 2023, he launched the “Lasagna Ganja” podcast in collaboration with co-host Tammy “The Cannabis Cutie” Pettigrew, CNN reports. The purpose of the podcast was to remove the stigma associated with cannabis use and to educate listeners. When speaking on the overarching goal of stewarding these conversations, he said in an interview on “Beyond the Red Carpet with Ny MaGee,” “I’ve seen the music industry go from millions to a billion-dollar industry. And I’ve also seen cannabis, you know, take on the same journey that maybe alcohol did after prohibition. And the misinformation that can lead us to continue to be left out of things is something that I want to combat. So when I say us, I mean people of color, people who have been incarcerated for cannabis, and now as it turns into this...

Apr 16, 2024

First Black-Owned Private Rocket Company Emerges To Create More Opportunities For Inclusion In Space Exploration

Founder Mateus Chipa wants the Black community to be more involved in space exploration. According to a Scripps News report of the 360 astronauts enlisted with the National Aeronautics and Space Administration (NASA), just 18 had been Black astronauts as of Feb 5, 2024. For Chipa, he believed that to increase representation and empowerment it would be necessary for an influential Black entrepreneur to launch a company to break down barriers. According to his website, he waited eight years for Black leaders to step forward. In frustration after that time had passed, he decided to take matters into his own hands and established Theby Space Services (TSS) , a Black-owned private rocket company. “TSS came in a place of a lot of frustration, a lot of accountability and responsibility…For the last 10 years, I’ve been frustrated because I haven’t seen any Black nation or individual talking about going in a space,” Chipa said in a video shared on YouTube. “I’ve been asking myself why? Why...

Apr 16, 2024

How The McBride Sisters Are 'Changing The Perception Of Wine Being Elitist And Exclusive'

Robin and Andrea McBride have done what most would consider unimaginable within the wine industry, but for them, like most big moments in their lives… every step of the process has been pretty kismet, according to Robin. In 2005, the McBride sisters started their wine journey when they began importing grapes from New Zealand (called Aotearoa by the indigenous Maori people) . By 2009, they began to cultivate juices together, and before they knew it, in 2017, the sisters began producing wine straight from their respective homes in Monterey, CA, and New Zealand under the McBride Sisters Collection label that they are known for today. When recalling what makes her most proud of this journey, Robin honed in on their initial vision and mission for entering the wine industry, and that was “changing the perception of wine being elitist and exclusive.”

Apr 11, 2024