In honor of Black History Month, we are highlighting the vital role Black entrepreneurs play in creating an environmentally and economically resilient community. For generations, entrepreneurship has been a powerful tool for economic mobility and community strength. In Buffalo and across WNY, Black business owners have built businesses that generate jobs and help revitalize neighborhoods, often overcoming systemic barriers. Today, these entrepreneurs are also laying the foundation for a more equitable and sustainable future by integrating circular economy principles and fostering community-driven solutions.
The Legacy and Challenges of Black Entrepreneurship in WNY
Historically, Black workers in Buffalo powered the city’s industrial economy, contributing to manufacturing, steel production, and the railroad industry. However, decades of redlining, economic disinvestment, and environmental neglect disproportionately affected Black neighborhoods, limiting access to resources and economic opportunities.
Despite these barriers, Black entrepreneurs have built businesses that serve their communities and drive economic growth. From early Black-owned businesses in Buffalo’s Fruit Belt and East Side to today’s growing network of Black-led startups, these ventures have been essential in addressing economic disparities, creating wealth, and providing essential services within the community.
Entrepreneurship offers a pathway to sustainable economic development through job creation and wealth-building within historically marginalized communities. When Black entrepreneurs succeed, they not only generate income for themselves but also reinvest in their neighborhoods, creating a ripple effect of economic stability and growth.
Entrepreneurs Driving Sustainability
Small businesses and entrepreneurs are uniquely positioned to champion sustainability due to their agility and deep community ties. They can quickly adopt eco-friendly practices, pivot their approach, and integrate sustainability into their core operations. By sourcing materials locally, they reduce transportation emissions and strengthen regional supply chains, supporting a more resilient local economy.
Black entrepreneurs in WNY are at the forefront of this movement, leading initiatives in sustainable fashion, urban agriculture, and green infrastructure. Their businesses exemplify how entrepreneurship can drive a circular economy, minimizing waste and maximizing resources. By promoting sustainable consumer habits and educating their communities, these entrepreneurs are creating long-term economic and environmental resilience, illustrating that business growth and sustainability go hand in hand.
Local Insights and Leadership
2024 Sustainable Business Summit Panel featuring Faustenia L. Morrow, Rev. Robert J. Lowe, Th.D., Jada Ivey, and Chef Romone Anderson
At our 2024 Sustainable Business Summit, Black entrepreneurship and leadership took center stage as Faustenia L. Morrow of Monarch of Infinite Possibilities moderated a panel of local Black entrepreneurs and community leaders. The discussion focused on practical steps to amplify Black voices in the environmental movement and create inclusive and authentic opportunities for engagement.
The panel featured Chef Romone, founder of The Food Experience LLC; sustainable fashion designer Jada Ivey of XII XXI; and faith leader Rev. Robert J. Lowe, Th.D., of New Beginnings COGIC. Each panelist shared how their perspectives on culture and community drive innovative approaches to sustainability and create opportunities in the local economy.
WNY’s Entrepreneurial Ecosystem
SBR provides an introduction to sustainability and the circular economy for the IC Success entrepreneur cohort.
Recognizing the importance of entrepreneurship, local organizations are working to support Black business owners through mentorship, funding, and networking opportunities. Programs like BNMC’s IC Success entrepreneur program, UB’s Emerging Entrepreneur Program through the Center for Entrepreneurial Leadership, and The Exchange at Beverly Gray provide essential resources to help Black entrepreneurs launch and scale their businesses.
Additionally, initiatives like the Buffalo Purchasing Initiative aim to increase access to procurement opportunities for minority-owned businesses, ensuring they have a fair chance to compete in the local marketplace. These programs are crucial in addressing historic disparities in business funding and market access, giving Black entrepreneurs the tools they need to thrive.
The Path Forward
The success of Black entrepreneurs is directly tied to the overall economic sustainability of Western New York. Investing in Black-owned businesses through funding, policy support, and community engagement is essential for creating a more inclusive and resilient economy. As Buffalo continues to evolve, ensuring equitable access to entrepreneurial resources will be key to building a future where economic sustainability benefits everyone.