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A group of investors have launched Blackconnect.com, a web-based business and social network with a mobile application, reports PR Newswire. Black Connect™ is claiming to be the missing link in social media that connects social interaction and business networking for millennials, and connects minority business owners, entrepreneurs and consumers in a universal way. Ivan Conard, a recent graduate of Morehouse College, is Black Connect’s director of sales, operations and development, and tells OW: “As a sales and finance professional, I find networking to be a seminal tool in empowering both students and entrepreneurs to their full potential. Currently, there are a number of social and employment oriented networking platforms available. While having a similar function, other social media leave a void that Black Connect™ fills. We want to encourage entrepreneurship among millennials, and help minority business owners gain exposure and increase revenue. Our goal is to be the force that elevates minority owned businesses and corporations.” Morehouse College student, Marshawn Kelly Dickson, is one of Black Connect’s HBCU Ambassadors. “Black businesses still represent less than 10 percent of all U.S. businesses,” comments Dickson. “As a young, future entrepreneur, I’m happy that there is now a business and social network that thoughtfully addresses my needs.”

Black Connect’s Interactive Business Directory System allows business owners to engage with consumers within the business directory and the online store. Black Connect members can search for minority-owned businesses in their area, and provide feedback to businesses. Businesses can feature products and create promotions to attract new clients and customers. Black Connect™ also connects businesses with investors, and facilitates partnerships and mergers.