Business

Fair Chance Hiring Program Gives Another Chance 

On Friday, January 27, Los Angeles County Supervisor Holly Mitchell, the Department of Economic Opportunity, business and community leaders launched the Fair Chance Hiring Program designed to create hiring practices with the goal of getting 200 local businesses to commit to employing system-impacted individuals this year. 

Supporting Black Women-Owned Businesses: The Painted Lady LA

Black women-owned businesses are one of the fastest-growing markets to date. In a previous article, the L.A. Sentinel had an exclusive interview with the founder and owner of The Painted Lady L.A., Autumn Armstrong, before the grand opening of the business. The organization has grown exponentially since then and there are more women artists building their names at the shop. 

A Billion Dollar Fund Is Helping California Homeowners Make Past Due Mortgage Payments 

       Relief is available for homeowners struggling to pay their mortgage due to financial hardships caused by the Pandemic.     The California Mortgage Relief Program is providing a lifeline for qualifying California property owners, especially in underserved communities. Proponents of the program regard it as a safeguard to protecting generational wealth and assets.     “If you are deemed eligible and approved, we send the payment directly to your servicer or the county in which the home resides for the property tax payment, and then they’re caught up,” said CalHFA Homeowner Relief Corporation President Rebecca Franklin, who was appointed

Ambassador Touts Benefits of Doing Business in Ethiopia

Ambassador Seleshi Awulachew recently stopped in Los Angeles to extol the benefits of doing business in Ethiopia. According to one of the newest diplomats to the U.S., multiple opportunities exist for investors seeking to establish commercial relationships in one of Africa’s most prosperous countries. And the Honorable Dr. Awulachew can assist financiers in making those critical connections.

EECI Salutes 2022 Graduates of Miracle Entrepreneur Program

There were no tricks, just treats and a festive time at Popeye’s Louisiana Kitchen in Watts over the Halloween weekend when the Entrepreneur Educational Center, Inc. (EECI) held a commencement celebration for its Miracle’s Entrepreneur Program Class of 2022 graduates.

Biz Summit 2022 Offers Opportunities to Bid on Contracts

The California Black Chamber of Commerce Foundation Inc. (CALBCCF) is offering “game-changing opportunities” for mini micro, micro, and small business proprietors of the state at the Economic Business and Roundtable Statewide Summit 2022.

Inequality Last Year Grew, But Child Poverty Dropped

Income inequality in the U.S. increased last year for the first time in more than a decade, but childhood poverty was cut almost in half due to expansion of the federal government’s child tax credit and stimulus payments made in response to the COVID-19 pandemic, according to new survey results released Tuesday, Sept. 13, by the U.S. Census Bureau.

Eleven86: Black-Owned Real Artesian Water Brand

Marquis Forge, Founder and CEO, MRaine Industries, LLC is the man behind Eleven86, an artesian water company. The core of this firm is to be in a position to give hope to their community while providing a source of clean water. 

Nonprofit Hosts Event Mixer To Promote Zero Interest Microloans

As part of the Black Cooperative Investment Fund’s continued efforts to provide capital to Black-owned businesses, the organization hosted “Building SoCal’s Black Wall Street: Direct Access to Zero Interest Capital Resources and Business Movers and Shakers,” on August 21.