The NVBCC Economic Evolution Accelerator
The NVBCC Economic Evolution Accelerator: Empowering Black Owned Businesses for Economic Growth and Sustainability. To promote the growth and sustainability of our participating businesses with the goal of decreasing the wealth income gap of black-owned businesses in Northern Virginia.
Northern Virginia Black Chamber of Commerce Expanding Its Reach New Opportunities for Partnership and Visibility Allow for Greater Community Impact
The Northern Virginia Black Chamber of Commerce (NVBCC) recently released its March/April 2023 issue of the THRIVE e-magazine. This issue highlights the wedding industry, which is an industry of more than $70 billion annually and is powered by small businesses. In its feature, the magazine profiles Charles and Ashley Young, ABC Shark Tank winners and Northern Virginia owners of Bridal Babes. Bridal Babes is the first Black-owned bridal tech firm to cater to all shades and sizes, importantly serving an underrepresented section of the bridal and bridal party populations. The e-magazine welcomes contributions from NVBCC businesses and members; it could be an opportunity to showcase your business and services or provide magazine content. Contact NVBCC for more information!
To promote the growth and sustainability of our participating businesses with the goal of decreasing the wealth income gap of black-owned businesses in Northern Virginia.
Six components of programming: • Business Development and Operation • Business Certifications• Technical Assistance and Education • Business Scalability• Business Resilience and Recovery• Access to Resources Component 1: Business DevelopmentStrategic PlanningFinancial Management Market Research Analysis Sales and MarketingOperational EfficiencyEducation and trainingComponent 2: Business Certification and Interactive Workshops-Assist black-owned businesses in obtaining relevant business certifications Component 3: Technology and access to continued educationAdvanced digital infrastructure and connectivityCloud-based solutions for efficient operationsData Analytics and business intelligence toolsE-commerce platforms and website development supportAutomation and AI-driven technologiesEstablish partnerships with educational institutions to offer scholarships.Provide laptops and portable bandwidth for distance learning.workshops, mentorship programs focused on technology and business education.Component 4: Infrastructure and Scalability:Support businesses in establishing scalable infrastructure to facilitate their growth, and competitiveness, including:Guidance on technology adoption, automation, and operational efficiency to streamline processes. Offer access to shared resources such as co-working spaces, manufacturing facilities, and distribution networks.Component 5: Business Resilience and RecoveryIdentify businesses impacted by long term effects of the COVID pandemic and businesses located in Hub and Opportunity zones.Provide mentorship and coaching to help business adapt their strategies and operation for recovery and long-term sustainability.Component 6: Access to ResourcesPartner with local organizations to provide foundational business tools and create pathways to capital to reach financial goals.Provide subject matter expertise (SME) guidance on readily available private and government resources.
Northern Virginia Black Chamber of Commerce Growing in the New YearChamber Shares Community Achievements and Plans for the Future
The Northern Virginia Black Chamber of Commerce (NVBCC) would like to highlight several recent events recognizing and supporting our mission of helping Black-owned businesses flourish in the region. First, the NVBCC celebrated with Senators Tim Kaine and Mark Warner the accomplishment of receiving $300,000 in Federal funding from the government spending legislation forFiscal Year 2023. The Chamber gathered with both senators at Jirani Coffeehouse in Manassas on Friday,February 17, and discussed the significance of this funding and the impact it will make on NVBCC businesses and members.
NVBCC Congressional Funding Awards with Senator Tim Kaine
Washington, D.C: The Northern Virginia Black Chamber of Commerce (NVBCC) has been awarded $300,000 in Federal funding from the Fiscal Year 2023 government spending legislation. To recognize the efforts of NVBCC and the support of U.S. Senators Tim Kaine, and Mark Warner, NVBCC, along with Senator Kaine, will gather on Friday, February 17, at 9:30 a.m. at Jirani Coffeehouse in Manassas to celebrate this accomplishment. NVBCC’s mission is to assist businesses by identifying resources, creating initiatives, and establishing educational avenues that provide opportunities for Black-owned enterprises to flourish in Northern Virginia and surrounding areas. This Federal funding will allow NVBCC to increase resources, training certifications, and educational opportunities for member businesses.
Northern Virginia Black Chamber of Commerce Growing in the New Year
The Northern Virginia Black Chamber of Commerce (NVBCC) is beginning 2023 with important news about its community impact and successes. First, the Chamber extends an invitation to all community members to spread the word and help grow our memberships at the NVBCC. In January, we experienced growth in individual and corporate memberships, and the Chamber desires to keep building on such achievements. The more Black business owners we have in the Chamber, the greater the impact the Chamber can have on the region. And please remember to renew existing memberships to help the NVBCC continue organizing its networking events, resources, training, and more among Black-owned businesses in Northern Virginia. Standing together makes us stand stronger.
Northern Virginia Black Chamber of Commerce Receives $300,000 in Federal Funding
Washington, D.C: The Northern Virginia Black Chamber of Commerce (NVBCC) is pleased to announce that it has been awarded $300,000 in Federal funding from the Fiscal Year 2023 government spending legislation, recently signed into law by President Joseph R. Biden, Jr. The NVBCC is the only Chamber of Commerce in Virginia to have received such funding, which underscores the importance of its mission and vision. The NVBCC serves the Black-owned business community in Northern Virginia with networking opportunities, education, training, resources, and support to promote their economic flourishing.
Northern Virginia Black Chamber of Commerce Celebrates Year of Successes
The Northern Virginia Black Chamber of Commerce (NVBCC) celebrated a year of successes in 2022 at its annual holiday gathering on Thursday, December 1. The evening highlighted the Chamber’s impact in the community, and together members anticipated bigger and better in 2023. We are grateful for continued development of relationships in the community from community partners at local, state and federal levels. NVBCC achievements in 2022 included:
Northern Virginia Black Chamber of Commerce Expands Leadership Team New Board Members and New Ambassadors Work Together for Organizational Values
Northern Virginia Black Chamber of Commerce Positions Black-owned Businesses for Economic Success
Northern Virginia Black Chamber of Commerce Positions Black-owned Businesses for Economic SuccessNetworking, Government Contracting Opportunities, and Partnerships Give NVBCC Members Valuable Tools ---Access to Capital and Investment Funding Opportunities position businesses for growth.
Black Business Month
August is National Black Business Month, and it's an opportunity to recognize the Black-owned businesses across the nation. In 2020, National Black Business Month was particularly important given the disproportionate impact of COVID-19 on Black communities. Economists have indicated prior to the COVID-19 crisis, minority entrepreneurs, who own 37% of all businesses, faced greater challenges in starting, running and growing their entities. It was predicted that 40% of black businesses would not be able to survive the pandemic. According to the U.S. Census Bureau, Blacks or African Americans owned approximately 124,551 businesses, with about 28.5%(35,547) of these businesses in the Health Care and Social Assistance sector, the highest percentage of any minority group. Other categories include advertising firms, auto dealerships, consulting services, restaurants, barbershops, beauty salons.
NVBCC Expands in Summer 2022 Chamber Builds Member Community and External Economic Partnerships
The Northern Virginia Black Chamber of Commerce (NVBCC) announced exciting projects and partnerships in summer 2022.
Exciting Start to 2022 for the Northern Virginia Black Chamber of Commerce Chamber Sees Growth, Innovation, and Community Building
The Northern Virginia Black Chamber of Commerce (NVBCC) started 2022 on strong footing with several events and initiatives to strengthen its network and encourage the sustainability and growth of Black-owned businesses in Northern Virginia.
NVBCC Economic Forum
Northern Virginia Black Chamber of Commerce Announces Its Economic Forum Event Will Present Economic Opportunities and Discuss Rebounding the Local Economy The Northern Virginia Black Chamber of Commerce (NVBCC) will be hosting an Economic Forum on Tuesday, May 17, 2022. The host organization will receive its members and guests from 9:30 AM-12:00 PM at the Fairview Park Marriott, 3111 Fairview Park Drive, in Falls Church, Virginia.https://bit.ly/2022EconomicForum