2021 is Black Money: Top 5 Black Business Ventures to Look Out For This Year
2020 gave plenty of reasons for people to start their own businesses. We began to see more and more Black entrepreneurs creating LLCs and social media business pages to promote the incredible products they are selling. From entertainers to stay at home moms, they all jumped on the bandwagon! Here are just some of the amazing Black businesses that I recommend you learn more about, become involved in and support!
Jay Z created a $10M fund to increase Black owned cannabis companies. Equity Ventures fund was formed in partnership and will provide up to $1 million for each cannabis startup it chooses to invest in. The fund will also be used to spearhead diversity initiatives for the cannabis industry, including providing job fairs and training workshops. Celebrity investors like Rihanna and Meek Mill have already hopped on this. Here are a few Black Owned Cannabis companies you might be interested in! Take a look! Farmacy Berkley
#2 PLANT BASED VEGAN SKIN CARE
Black skin is very different and we MUST know how to take care of it and realize what we are putting on our skin. Lots of people have decided to use more natural body products such as soaps, lotions, and bath and face products as well as makeup. Here is a list of some great Black Owned Vegan skin care companies!
Pronounced (cake)! This is a fun and plant based product that smells great and does wonders with all that melanin!
A makeup line that believes every woman should be able to find herself in the world of beauty, no matter her skin tone.
Hair and body products for men and women whipped up from the founder herself. Available worldwide!
#3. HEAD WRAPS
Head wraps have become increasingly popular as Black folks have started embracing our natural hair. There are so many fun ways to wear head wraps and let's be real, it beats having to get up and do anything to our hair in the morning, right?! There are so many great hair wrap companies, but check these few out!
For good and bad hair days. Nuff Said!
Authentic, Handmade African Ankara wraps from Africa.
Love all the different types of head wrap colors, fabrics and styles they have! The youtube tutorials come in handy as well.
#4. AFRICAN FASHION
I don't know about you, but I love me a colorful African maxi skirt or a sexy V-neck African dress! The U.S. is crawling with stores like these as well as online shopping stores! If you are looking for some new African fashion styles, for men & women, check these companies out!
Trendy and unique styles from Africa fitting all personality types!
This one is for the fellas although they do have a women's brand as well! Very Classy!
Affordable boutique store. Interesting accessories!
#5. BLACK HOME DESIGNERS
If you want to start supporting Black businesses, this is actually a great route to go! We are so used to shopping brand names like IKEA, Wayfair, and Homegoods we forget about our own people. Not only are Black home designers a thing, they have awesome home decor!
Talk about exotic home decor!
Very popular home decor store that tries to incorporate natural, recycled, recyclable, and compostable materials. Everything about them is unique!
Twenty percent of the proceeds of each product sold is put into an education fund!