News Summary
This August, the Tennessee Department of Economic and Community Development (TNECD) is launching a statewide tour to honor Black-owned businesses during National Black Business Month. Kicking off on August 1, 2024, TNECD Commissioner Stuart C. McWhorter will visit nine cities, spotlighting the significant impacts these businesses have on the local communities and the state’s economy. The tour aims to recognize long-established and new Black-owned businesses alike, fostering community involvement and appreciation for their contributions to Tennessee’s vibrant economic landscape.
Exciting Tour Kicks Off to Shine a Light on Black-Owned Businesses in Tennessee
This August, Tennessee is buzzing with excitement as the Tennessee Department of Economic and Community Development (TNECD) launches a fantastic statewide tour to celebrate Black-owned businesses during National Black Business Month. Kicking off this meaningful initiative on August 1, 2024, TNECD Commissioner Stuart C. McWhorter is gearing up to hit the road with nine stops across the Volunteer State.
Spotlighting Incredible Contributions
The purpose of this grand tour is to recognize and honor Black-owned businesses that have had a positive impact on their employees, local communities, and the broader state of Tennessee. The businesses selected for this tour were identified through collaboration with state partners and local stakeholders in each of TNECD’s nine regions. It’s all about bringing to the forefront the exemplary contributions these businesses make daily.
It’s fascinating to note that some of these celebrated Black-owned businesses have been thriving for over a century, while others are emerging as new leaders and innovators in their respective fields. This blend of heritage and fresh talent is what makes Tennessee’s economic landscape so vibrant.
A Month Full of Recognition and Celebration
Beginning next week, TNECD will host a series of exciting events aimed at recognizing these exceptional companies. Each event will not only celebrate the businesses themselves but also encourage community involvement. Residents are encouraged to attend and show support for local entrepreneurs who are working hard to enrich Tennessee’s economic fabric.
A Toast to Tennessee’s Thriving Economy
Governor Bill Lee has already expressed appreciation for the significant contributions Black-owned businesses make to the state’s rich culture and economy. From creative visual effects companies to world-renowned whiskey brands, there’s a remarkable diversity within Tennessee’s Black-owned landscape.
Did you know? Tennessee is among the fastest-growing economies in the nation, making it an ideal environment for Black businesses to flourish. In fact, in 2023, Tennessee was ranked the second-best state in the U.S. for Black-owned businesses. This accolade results from factors such as a low cost of living, high annual incomes for Black business owners, and the absence of a state income tax.
Recognizing Local Pillars
As Commissioner McWhorter embarks on this rewarding journey, he emphasizes the importance of shining a light on those businesses that are truly pillars in their communities. These businesses are often the backbones of their neighborhoods, providing jobs and fostering economic development, which ultimately leads to a prosperous Tennessee for all residents.
Stay Connected and Join the Celebration
While the specific names of the businesses to be visited have yet to be revealed, anticipation is already building. The TNECD is committed to strategies that not only strengthen Tennessee’s economy but also support the creation of high-quality jobs. Community members are encouraged to engage through social media channels to receive updates on the excitement and find out how they can participate in the recognition events.
This August, don’t miss out on the chance to celebrate the vibrant tapestry of Black-owned businesses that enrich our communities in Tennessee. Whether you’re a long-time supporter or new to discovering these fantastic enterprises, there’s a place for everyone in this celebration of resilience, creativity, and economic growth!
Deeper Dive: News & Info About This Topic
- News Channel 5: CoolSprings Galleria Mall Hosts Inaugural Black-Owned Business Expo
- Wikipedia: Black-Owned Businesses
- Tennessean: Nashville Black-Owned Business Organize Tourism
- Google Search: Black-Owned Businesses in Tennessee
- Thrillist: Black Travel Guide to Nashville, Tennessee
- Encyclopedia Britannica: Black-Owned Business
- Knox News: Knoxville Needs More Black-Owned Businesses
- Google News: Black-Owned Restaurants in Tennessee
- Blavity: New Tennessee Restaurant Billie Rae’s BBQ
- Commercial Appeal: National Black Business Month 2024
