In honor of Black Business Month, Facebook recently announced its Facebook Elevate #BuyBlack Summit. Taking place at 10 a.m. on Aug. 24, this free, one-day virtual summit will be hosted by comedian, actress and podcast host Michelle Buteau, and feature speakers like Shelly Bell of Black Girl Ventures and Arian Simone of Fearless Fund.
Discussions will include topics such as learning to drive sales ahead of the holiday season and how to access capital for small businesses, while providing opportunities to connect with Black business owners.
“This month, we’re so excited to put a spotlight on Black-owned small businesses and offer a new training event – the Facebook Elevate Buy Black Summit.” said Rachael Hawk, Facebook marketing manager, Small Business. “So many small businesses have suffered incredible loss over the last year, but Black-owned small businesses have been disproportionately affected by higher closure rates and lost sales. This virtual event will give new tools, insights, and inspirations for businesses on their road to recovery.”
Black-owned businesses have been among the hardest hit by the ongoing challenges of the global pandemic, reporting drops in sales that sometimes reach more than 50 percent. But they are resilient, powering forward with confidence, creativity and hope.
In 2020, Facebook made an ongoing commitment to invest in the Black community and celebrated Black-owned businesses during August with a variety of events and resources. This year, the company will continue those efforts with new ways to make an impact, including the Facebook Elevate #BuyBlack Summit, as well as resources and spotlights on several Black-owned businesses across the U.S. and in the LA area.