Joe Ward-Wallace

Minority owned businesses in LA to receive financial boost

Los Angeles has the largest small business economy in the U.S., with over 250,000 small businesses.

However, there’s a shortage of capital available for these small businesses, and entrepreneurs of color are disproportionately affected.

Earlier this month, the Entrepreneurs of Color Fund (EOCF) program was launched in Los Angeles to address this shortage. With $2.65 million in funding to support historically disadvantaged small business owners in Los Angeles, the fund is designed to help increase the availability of capital and business resources to strengthen small businesses owned by underserved entrepreneurs.

South LA Café Hosts ‘Day of Tribute: Kobe, Coffee, and Conversation’

On Sunday, February 2, South LA Café hosted a “Day of Tribute: Kobe, Coffee, and Conversation” in honor of the great Kobe Bryant. It was a free community event where people could write letters to Kobe, bring something to the altar, and create art projects. A great way to celebrate the life of a king and be around others who were inspired by him.

South LA Cafe Brings Out Community Leaders at Grand Opening of Community-Focused Coffee Shop

There are so many talented, innovative entrepreneurs in our communities, but the lack of resources hinders us from moving forward. SLAC is setting the blueprint of what African Americans should continue to strive for in the city of Los Angeles. There is a lot of gentrification going on, and black people get pushed out of our neighborhoods: it’s a crucial time for us to start investing in the community, and taking control of our destiny.