As the re-elected Chairman of the Texas Association of African American Chambers of Commerce, I would like to thank each of you for your continued support of the only state organization focused on empowering 250,000+ Texas Black-owned businesses.
As I look at the many complex issues impacting African-Americans across Texas and the United States, clearly the lack of inclusion of Black-owned businesses in the day to day economy and the overall operations of our cities and towns is the greatest impact not generating the news headlines. But for many of us who have experiences growing up in Black communities, we understand the rise of violence, crimes, and even high drop out rates in Texas schools is because we no longer have the mom and pop businesses within our communities. How do we encourage economic development in our neighborhoods without being run out under gentrification rules?
I believe there is more focus placed on African-Americans being the #1 consumer group by research companies, than research that supports the investment of building capacity and providing access to capital for Black businesses to aid in the restoration our market place.