Black Brand
Black BRAND's goal is to promote group economics through professional development and community empowerment. As a Black Chamber of Commerce, Black BRAND promotes group economics through professional development and community empowerment.
Black Brand
Black Brand is a 501(c)(3) nonprofit organization operating primarily in the Hampton Roads and Dan River regions of the United States. Its name stands for Business Research Analytics Networking and Development and it functions as a regional Black Chamber of Commerce[2][3][4].
Mission and Purpose
Black Brand's mission is to promote group economics through professional development and community empowerment. The organization aims to transform local, regional, and national communities by fostering unity, education, access, opportunity, and development. It focuses on helping Black business owners scale their operations, employing qualified staff, and leveraging modern technology to compete globally[2][3].
History
Black Brand was co-founded by Blair Durham and her husband, Bashiri Durham, stemming from a grassroots initiative called Everyday Activism to address social issues affecting the Black community. The first organizational meeting took place in 2016 at the Slover Library in Norfolk, Virginia[3].
Activities
- B-Force Accelerator: Offers investments to support local businesses in Hampton Roads[4].
- Reviving Legacy Project: Aims to highlight historic Black business hubs, celebrate current Black-owned businesses, and explore future opportunities for Black entrepreneurs[5].
- Community Events: Initiatives like The Black Diamond Affair empower Black business owners and community leaders, promoting networking and growth[3][5].
Financial Structure
As a 501(c)(3) organization, Black Brand receives tax-deductible contributions. In recent years, the majority of its revenue has come from contributions and program services. It maintains a strong asset base and has reported significant financial growth[1].
Leadership
Blair Durham serves as the CEO and co-founder of Black Brand. Other key figures include Reneldo Randall, Andrella Pusha, Sheena Boston, and several directors who play crucial roles in shaping the organization's direction[1].
Impact
Black Brand's work supports economic development and job creation in its regions of operation by empowering Black business owners and advocating for community-driven initiatives[2][5].
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