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Business

If prospective entrepreneurs were queried on the number one impediment to launching and growing a business, the lack of access to capital would likely be right up there on the board. The survey would also probably reveal that the problem is even more acute for minorities and women, in particular. Related: "Memphis...
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The Mid-South Minority Business Council (MMBC) Continuum’s 11th annual Economic Development Forum got underway at the Guest House at Graceland on Tuesday. The three-day forum puts weight on the importance of creating an inclusive economy for minority and women business enterprises (MWBE) and notes the lack thereof – hence...
by Williams D. Brack, Special to The New Tri-State Defender Imagine it’s Monday at 7 a.m. and you just finished preparing your kids for school and yourself for work. You are in your usual morning rush and you all pile into the car. You turn the key and nothing happens. You...
Walk into the meat department in the Cash Saver at 1620 Madison Ave. and you are likely to find Carly Milner breaking barriers in her signature red boots. Milner, according to storeowner Rick James’ account, is the first – and only – African-American female managing such a meat department in...
First Tennessee Bank is investing $5 million to help launch the Memphis Small Business Opportunity Loan Fund, a $17.5 million lending program aimed at improving access to capital for minority- and women-owned businesses. The fund is a collaboration between nonprofit entrepreneurship hub Epicenter, Pathway Lending – a regional nonprofit community...
By Andy Meek, High Ground News Before launching the startup she brought to Memphis as part of 2018’s “Summer of Acceleration” startup accelerator programming, Stephanie Cummings was working in health care information technology. She was constantly busy, traveling across the country. She’d come home and see clothes piled up, laundry needing...
Whether it’s shoes, groceries or razors, subscription box services are on the rise. People are snubbing the in-store experience and turning to goods and services that they can receive in their mailbox or pick up from their doorstep after work. In February 2018, Kapriskie Mack, owner of The 901 Box,...
The historic Universal Life Building at 480 Dr. Martin Luther King Jr. Blvd. in ZIP Code 38126 is envisioned as a fitting place to nurture and develop African-American-owned businesses. On Tuesday, Mayor Jim Strickland and an array of business leaders rolled out “The 800 Initiative” for African-American-owned businesses with Universal...
A Memphis-born vegan chef is working to become a beacon of health in the community with her new store Green Goddess Popcorn and Tea Lounge. Omi Iyalaje, a wife, mother of six, birth worker, herbalist, motivational speaker and lifestyle coach, owns the lounge located in Binghampton at 3078 Summer Ave. Open...
Tywanna Smith is a brand builder, an entrepreneur and best-selling author of “Surviving the Lights: A Professional Athlete’s Playbook to Avoiding the Curse.” Her experience as a professional basketball player, business owner and financial advisor puts her in a unique position to provide comprehensive advice and perspective to other professional...