Black-owned businesses are vital pillars of their communities, yet systemic barriers add to the difficulty for owners and entrepreneurs aspiring to reach their professional and business goals. JPMorgan Chase is working to help dismantle those roadblocks and promote a more inclusive economy and equitable future.
Through our $30 billion Racial Equity Commitment, we’re helping to drive inclusive growth by:
- Expanding affordable housing
- Increasing homeownership
- Growing small businesses
- Improving financial health
- Accelerating workforce diversity
Investment alone is not enough, however. Holistic support systems are critical to ensuring business owners can drive growth, create wealth and make lasting impacts in their communities.
The resources we’ve gathered below offer insights and stories to inform and inspire. We are highlighting examples of strong leadership, resilience, creativity, strategic planning, networking and certification programs. By learning from others who have built successful companies and overcome challenges, future generations of entrepreneurs can set their own paths toward success.
Supplier diversity opportunities
Access to capital
- Understanding the middle market: Economic impact and opportunities for growth (report)
- J.P. Morgan and Howard University: 'Beyond the balance sheet' (article + video)
- A small business in the business of growing business (article)
- The ABCs of MDIs (article)
- One bank’s mission: Invest in everyone (article + video)
- Advancing Black Entrepreneurs session 2: The power of capital (webinar)
$1.3T*
Additional annual revenue that could be generated if the revenue gap for U.S. diverse-owned midsize businesses were closed
*The Middle Matters: Exploring the Diverse Middle Market Business Landscape
Scaling for growth
- 7 ways for Black businesses to build legacies (article)
- How Black and Latina women can create legacy through business ownership (article)
- Black Entrepreneurs Day at the Apollo Theater: Daymond John and Cari Champion talk building wealth (article)
- Real talk: Diverse founders on overcoming challenges (article + video)
- How to navigate to the next phase of your business — 3 tips as you scale (article)
- From growth to profitable exit—actionable strategies as you sell your business (article)
- You’ve landed your first big contract. Now what? (article)
- Advancing Black Entrepreneurs session 3: Navigating your cash flow (webinar)
- Advancing Black Entrepreneurs session 4: Your next-level business (webinar)
Navigating current environment
- 2024 Business Leaders Outlook (reports + webinars)
- Thriving in uncertain times: Janice Bryant Howroyd (article + videos)
- Thriving in uncertain times: Travis Mack (article + videos)
- Advancing Black Entrepreneurs session 1: Reclaim the future (webinar)
- The purchasing power of household incomes: Worker outcomes through August 2023 by income and race (report)
Janice Bryant Howroyd, founder and CEO of The ActOne Group
DEI
- A DEI playbook for early-stage startups (guide)
- For these business leaders, impact and legacy go hand in hand (article + video)
- How Blackstone Consulting wove diversity into the fabric of its corporate culture (video)
- Carving their own path: DEI leaders talk the power of storytelling and redefining ambition (podcast)
- Author and professor Elizabeth Leiba on empowering Black women in the workplace (podcast)
- 6 steps to building your DEI strategy from the ground up (article)
- Strategies for building your company’s DEI team (article)
- 3 ways to integrate diversity, equity and inclusion across your business (article)
“It's really critical that you provide quality service and product. Forget being diverse. What you do is more important than what you look like.”
—Joe Blackstone, founder and president of Blackstone Consulting
Leadership, networking and community development
- Black Entrepreneurs Day presented by Chase for Business (videos)
- Black History Month reflections: 2 founders share their business and philanthropic motivations (video)
- Lessons on authenticity and mental toughness, with Chicago Bulls sports psychologist Dr. Wendy Borlabi (podcast)
- Lessons learned: Business insights from women leaders (article)
- Miss Jessie's: How the curly haircare brand began making waves (article + video)
- One entrepreneur helping to revitalize Detroit (article)
- Advancing Black Entrepreneurs session 5: Marketing in a digital world (webinar)
Marcus Jones, owner of Detroit Pizza Bar
JPMorgan Chase leadership
- Reaching $750 million and moving ahead: Building economic equity through business diversity (article)
- Black History Month Roundtable: “Each one teach one” (article)
- JPMorgan Chase invests $350K in nonprofits led by Black women (article)
- Inside Chase's mission to be the bank for all: Building trust one community at a time with Diedra Porché (podcast)
- Meet the people behind Community Development Banking's investments (videos)
- Talking philanthropy with Michelle R. Thomas (article)
- Empowering veteran business owners for nearly 150 years (article)
- Build your future (video)
Learn about JPMorgan Chase’s efforts to support Black business owners. Visit our website to discover how we can help support your business.
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JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/commercial-banking/legal-disclaimer for disclosures and disclaimers related to this content.
