Business and Finance
Winners of Jaylen Brown’s Boston Creator Incubator
The names of the beneficiaries of NBA star Jaylen Brown’s inaugural Boston XChange (BXC) incubator program have been revealed.
Brown and his Boston Celtics teammate, Jrue Holiday, met on Oct. 16 with 10 Boston entrepreneurs participating within the inaugural accelerator program launched as part of the Celtics star’s nonprofit initiative, introduced in August. The program goals to cause Generational wealth in Boston’s communities of color is reported to be $5 billion.
BXC was inspired by Brown’s remarks last yr, after extending his then-record $304 million NBA contract, through which he expressed a desire to make use of part of his earnings to create a “black Wall Street” in Boston. The incubator program in cooperation with the JLH Fund will likely be provide visionary creators from underrepresented communities with the business resources needed to successfully prototype, produce and launch their projects. Through the incubator, recipients will receive $100,000 in grants, access to workspaces and makers, and business services valued at over $150,000. In addition, creators will profit from three years of coaching to assist speed up their ventures in industries akin to design, art, media, entertainment, fashion and culinary arts.
The NBA champion announced the incubator program in August in response to the drastic wealth disparity between black and white families in Boston, Massachusetts.
“Living in Boston and playing in Boston, one thing you notice is the differences. “I came across an article that basically said that the average net worth of a black household in Boston is $8, while for white households it’s in the six figures,” he said.
“Curiosity led me to look further and learn that Boston is in the top five for wealth disparity.”
Now 10 creators have been chosen to participate in Brown’s mission to combat racial disparities in Boston. These include:
Pioneers Clothing / PYNRS Performance Streetwear: Running clothing created by black men business We’ve focused on creating high-performance gear specifically designed to offer higher fit and support for a wider range of runners.
Everyone Must Eat: black food influencer and curator who factory with local chefs to introduce guests to some of the perfect flavors of Boston.
Chess Academy of Future Champions: Chess lesson service for youngsters founded by Black Chess Master Lawyer Times, the primary black player to turn out to be the Massachusetts State Chess Champion.
“It’s truly a dream to be a part of,” the Times said. “Jaylen Brown is a master thinker. … When it comes to generating wealth and closing gaps, we both believe it all starts with the mind.”
Small company producing cocoa beans: Health-conscious food business for babies, which creates culturally diverse, ready-made, fresh and nutritious meals for babies and toddlers, served to oldsters in a trendy, child-friendly cafe. It was founded by Tracy Skelly, who was inspired by her efforts to search out culturally diverse and nutritious food for her daughter after giving birth in 2018.
Hair care with melanin: Founded by sisters Whitney and Taffeta White, whose natural and non-toxic hair care the road is sold online at Target and Sephora stores.
“Boston doesn’t really offer a lot of opportunities like that,” Whitney White said. “I’m really grateful that there’s a focus on Black-owned Boston creators and Boston businesses because we don’t get a lot of love here.”
Anawan Studios: Anawan Studios is a full-service film production company business which goals to create opportunities for Black and Brown creators to enter and thrive within the Boston film industry.
Uvida Store: Boston’s first and only zero waste system storeselling a variety of home items and essentials free from plastic packaging and plastic waste.
Rivet application: Founded by an MIT graduate and rapper, Rivet uses a man-made intelligence platform to assist musicians grow their fan bases.
Crown legends: AND boutique in Boston’s South End, specializing in high-quality hats and exclusive, limited edition baseball caps. While the corporate’s focus is on baseball caps, one of the founders expressed excitement about getting an endorsement from an NBA star.
“I am a die-hard Celtics fan,” said co-founder Al Objio. “We have an NBA champion supporting us. It’s huge.”
Dorchester Art Project: Community art organization which over the past decade has evolved right into a worker-owned cooperative with a mission to offer reasonably priced studios, performance spaces and academic resources for artists, makers and organizers. DAP is concentrated on creating profitable opportunities for artists of color to construct wealth beyond counting on donations.
“When the chance got here up, attempting to construct wealth in Boston, we thought, ‘We’re doing the identical thing. Let’s come together,” said DAP co-founder Lina Cañon.
Business and Finance
Black Girl Digital on a mission to empower diverse creators
Meet Black Girl Digital (BGD Media), one among the fastest-growing multicultural, independent marketing agencies within the makerspace, is led by two dynamic Black women entrepreneurs.
Founded and led by CEO LaToya Shambo and CMO Latoya Bond, Digital black girl goals to deliver revolutionary, data-driven marketing solutions tailored to the brands and creators who’re shaping the longer term of promoting and commerce. With a long time of combined experience, these two business leaders have come together to create an agency uniquely equipped to navigate the complexities of multicultural marketing.
“The mission of Black Girl Digital is really about how to bring brand and creators together to go beyond partnerships and build a deeper relationship,” says Shambo BLACK ENTERPRISES.
The pair first met while collaborating on the 2023 Black Girl Digital Awards. While many individuals discuss women competing in business, Shambo and Bond saw a chance to mix their strengths and platforms.
“We went through the process of working together and I saw her talent and she saw my talent. We noticed that we both had these unique skills that worked really well together,” Shambo says.
Combining Black Girl Digital’s expertise in influencer marketing with the BBM Agency’s strength in celebrity business management, BGD Media is uniquely equipped to handle the intricacies of multicultural marketing.
“Because her company was more involved in paid marketing, brand management and communications strategy, it really complemented what we did on the Black Girl Digital side, through partnerships with corporate brands and diverse creators,” Shambo explains.
“Together, we have been able to join forces and offer our brands and creators a full range of media and marketing services, thanks to which the partnership goes deeper rather than superficial.”
Shambo attributes BGD Media’s success to its multimarketing service offering that “brings the customer closer to the creator and the creator closer to the customer.” One of the newest initiatives is the inaugural Black Influencer Weekend, which goals to showcase to major brands and corporations how Black creators are usually not only setting trends, but additionally driving significant cultural and economic change across industries.
During the three-day event, over 1,500 participants engaged in vigorous discussions and activations focused on community, connection and variety amongst creators. Highlights included the VIP Creator Games Night featuring bowling competitions and life-size Connect 4 video games, creating what Shambo describes as a “creator playland.”
On October 2, participants took part in a day stuffed with inspiring and influential discussions in the course of the Influencer Summit. Speakers included media personality Yandy Smith; creative director of beauty and lifestyle Tiarra Monet; and NCAA champion and ladies’s basketball coach Sydney Carter. Conversations covered topics equivalent to balancing a profession outside of social media, maintaining mental health, and constructing meaningful partnerships.
The weekend concluded with the third annual Black Girl Digital Awards, where content creators equivalent to Druski, Monet McMichael and Kai Cenat were honored for his or her power, position and recognition across various platforms. Additionally, business leaders equivalent to Yandy Smith, Marvet Britto and Mona Scott-Young have been recognized as pioneers of influence and visionaries redefining the digital landscape.
At its core, Black Girl Digital is about tackling the complexities of multicultural marketing, demonstrating that representation matters and that success comes when brands connect with communities on a human and private level.
“It’s not a monolith. This is not just one group of Black people. There are many people and many cultures in the Black community,” Shambo says. “Being able to express it. But that’s really why brands work with us. Because we are able to accommodate the different cultures found in each community.”
“We also mainly focus on the passion points and interests of audiences in these communities,” she added.
What’s next for Black Girl Digital? Shambo seeks global domination.
“These will be the Global Influencer Awards,” he says.
Business and Finance
Snoop Dogg leads Martha Stewart in the art of negotiation
Martha Stewart and Snoop Dogg have been the strangest couple for several years. Stewart recently spoke along with her and revealed that the “Drop It Like It’s Hot” rapper can be advising her on business negotiations.
The host praised Snoop’s business sense and positive personal qualities.
“He’s curious, he’s a great student, he’s a phenomenal negotiator (he taught me a lot), he’s tough and he’s incredibly sweet,” Stewart said.
She shared that Snoop often takes the lead in the case of negotiating the terms of their joint business ventures.
“We do a lot of work together and I wait until he negotiates the contract and then I go and follow him.”
While Steward considers Snoop to be a precious asset in business and friendship, Snoop spoke about their willingness to pass on opportunities to one another. One example is Snoop’s partnership with Skechers, which got here about in part because Stewart bypassed Snoop’s team and showed them the value of working with the brand.
“There were a lot of calls where she called me and said, ‘Snoop, I was trying to get you to do a deal with Skechers, but your people were in the middle. They didn’t want to do it. I say, “Really?” She said, “Yeah, you should mess with them.” Look at my shoes.’”
Likewise “The Dog’s Father”. contacted Marta partner with 19 Crimes on wine.
“On the other hand, I have a deal for 19 Crimes wine, red wine, we’re off. Boom, boom, boom. Hey Marta, what’s going on? You don’t have a wine deal. Do you want to come here and play with us?”
It looks like this odd couple has an actual relationship. They were spotted at the 2024 Paris Olympics supporting American athletes and even took some outing to ride horses.
Snoop Dogg has come a great distance since the beginnings of his rap profession. The musician is now a full-fledged businessman almost 30 years after his rap debut.
BLACK ENTERPRISES reported that Snoop is resting during a turbulent period in his life and profession, together with his criminal case involving the murder of a 20-year-old gang member closed.
Snoop was charged with voluntary manslaughter in 1993. The charges hung over his head until his acquittal in 1996. The record has been released to the public for the past 30 years, but Snoop will now not should worry about his legacy for posterity.
“Once the records are sealed, they will be hidden from public access and in most cases the defendant will receive back their fingerprints, booking photos and DNA samples, According to to the New York State Unified Judicial System.”
Business and Finance
The Atlanta Hospitality Hall Of Fame inducts Donata Russell Ross
The Atlanta Convention & Visitors Bureau (ACVB) has inducted 4 latest honorees, including Donata Russell Ross, into its Hospitality Hall of Fame.
Along with fellow nominees Dr. Brian L. Davis, Bobby Donlan and Mark Vaughan, Russell Ross was honored for her work as CEO of Concessions International, LLC. A minority-owned airport food and beverage company is: long-time operator at many airports.
By Russell Ross defended business despite turbulent times. She continued her efforts during many changes in air travel, including 9/11 and the COVID-19 pandemic. She devoted over 4 many years to its development and success.
Russell Ross, a graduate of the Wharton School of Business, has proven that her business acumen is able to meeting any challenge. Concessions International has annual revenues exceeding $100 million and 1,200 employees.
“Seeing all these cycles taught me to hold on and understand that a better day will come,” she said in 2023
Moreover, Russell Ross is a component of the esteemed Russell family. The Russells also worked to advertise Atlanta as a business center and source of opportunity, individually and as a family. As the daughter of influential entrepreneur Herman J. Russell, she can be president of the Russell CARES family foundation. The Foundation implements quite a few initiatives specializing in education and entrepreneurship.
When it involves recognizing Russell Ross, her nomination is a testament to her tenacious work within the hospitality industry. Moreover, it highlights her strength as a Black Leader on this space.
“It is my great honor to be inducted into the 2024 Hospitality Hall of Fame,” she said through a spokesperson. “I am humbled to be included in such an distinguished group of individuals whose commitment to excellence has ensured our region’s growth and recognition around the world.”
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