VIRGINIA, August 20, 2023 — Coinciding with National Black Business Month, the Virginia Black Chamber of Commerce (VABCC) is thrilled to announce its official launch. The VABCC, dedicated to fostering the growth and sustainability of black-owned businesses across the Commonwealth of Virginia, aims to be a powerful advocate for economic empowerment.
In a strategic partnership with the Virginia Black Business Directory (VABBD), the VABCC will provide resources to connect small businesses with major corporations, expose these businesses to new markets, and promote leadership development and entrepreneurial excellence.
Currently, the VABBD boasts over 1200 members. Approximately 1000 of these memberships will automatically transfer to the Chamber of Commerce effective January 1, 2024. This partnership strengthens the VABCC’s reach and solidifies the unity and collaborative spirit within Virginia’s black business community.
Funding from partnerships, grants, and corporate sponsors will develop educational programming, create mentorship opportunities, and host networking events. These initiatives aim to provide an environment where black-owned businesses can thrive and contribute significantly to the local economy.
“The launch of the VABCC during National Black Business Month is a testament to our commitment to black-owned businesses in Virginia,” said Ernisha Hall, President & CEO of the VABCC. “We believe that investing in these businesses strengthens the spirit of economic equity in Virginia, making it the best place to live, start a business, and raise a family.”
About the Virginia Black Chamber of Commerce
The Virginia Black Chamber of Commerce is dedicated to promoting the sustainability of black-owned businesses throughout the Commonwealth of Virginia. In partnership with the Virginia Black Business Directory, the VABCC provides resources to connect small businesses with major corporations, exposes small businesses to other markets, provides leadership development, and promotes entrepreneurial excellence.
The creation of the VABCC by the VABBD is pivotal for several reasons. It increases advocacy, visibility, and exposure, provides resources and opportunities, advocates for economic and social equities, bridges the gap between black-owned businesses, celebrates black entrepreneurship, and works towards closing the wealth gap.
In summary, the creation of the VABCC by the VABBD is a strategic move that will empower black-owned businesses, promote economic equity, and strengthen the overall business landscape in the Commonwealth of Virginia.