In a significant move to boost economic empowerment, the Black Chamber of Commerce – Summit County (BCCSC) officially launched this month. The initiative, led by Robert E. DeJournett, president and CEO, and Misty E. Beasley, vice president and COO, aims to close the racial wealth gap and foster economic growth for Black-owned businesses in the region. It focuses on providing support, resources, and advocacy for Black entrepreneurs.
The need for such an organization is evident. While existing chambers like the Greater Akron Chamber work on general business issues, DeJournett highlights the lack of focus on the specific challenges faced by Black business owners. The BCCSC is dedicated to filling that void by offering specialized education, training, and services for Black entrepreneurs. Additionally, the organization seeks to foster connections between local businesses and large corporations that can provide strategic support and networking opportunities.
A 2018 Elevate Greater Akron report revealed that the city’s Black population, which represents nearly a third of Akron’s residents, is often excluded from economic opportunities. The report underscores that Akron’s growth is hindered when Black residents are unable to contribute to and benefit from the economy, a sentiment echoed by DeJournett. He stresses that Black businesses are frequently left out of key discussions and lack access to resources available to other business owners.
DeJournett envisions the BCCSC as a space for increased visibility, innovation, and inclusivity for Black entrepreneurs. The chamber plans to conduct an economic impact study in its first year to evaluate the state of Black-owned businesses in the area and ensure that resources are being allocated equitably. DeJournett believes that true equity requires giving more support where it is most needed, particularly for Black businesses, to ensure they have the same opportunities as others.
The BCCSC draws inspiration from similar efforts in Cincinnati, where the Greater Cincinnati and Northern Kentucky African American Chamber of Commerce has successfully influenced economic policy and provided mentorship for Black business owners.
With the goal of securing 100 founding donors, the BCCSC is inviting contributions to fund its initiatives. Founding donors will be recognized for their vital role in shaping the future of the organization. The BCCSC aims to be a catalyst for Black business growth in Summit County and set a precedent for similar efforts nationwide, emphasizing the significant contributions of Black businesses to local economies.
