Thursday, October 29, 2020

The numbers speak for themselves: Black Americans have $1.4 trillion in buying power, and diverse investments bring greater returns. A major investment in Black communities is overdue.

At OZY, we have rededicated our editorial mission to explore the path toward racial justice. JPMorgan Chase, meanwhile, is responding to these challenging times by making an unprecedented investment in closing the racial wealth gap. So we’re teaming up to elevate creative solutions to these vital issues. Read on for more.

1. It’s Time to Help Black-Owned Businesses

There are plenty of examples of how to thrive in challenging times. Consider this your primer: JPMorgan Chase & Co.’s Sekou Kaalund shares details on the Advancing Black Entrepreneurs program by Chase for Business, a free toolkit for business owners to improve everything from supply chains to vendor relationships.

2. A $30B Commitment to Advance Racial Equity

JPMorgan Chase & Co. is building on existing investments with a $30 billion commitment over the next five years to drive an inclusive recovery, support employees and break down barriers of systemic racism.

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3. New Path to Success

How do you navigate your cash flow? How can you adapt to today’s economic challenges? What are successful businesses doing right now? You can find all that and more from Advancing Black Entrepreneurs by Chase for Business, which includes tools, advice and education that help Black business owners grow and scale their business.

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