The Prosperity pillar is the centerpiece to ETV’s portfolio of signature programs accelerating economic empowerment through Black Excellence in Entrepreneurship, Employment, Asset Ownership, and Money Management. Many of these national and regional initiatives work to unlock vast opportunities . . . and create generational wealth and increase prosperity for the Black community and others across the country!
State Of The Village: Did You Know...?
The U.S. Black community's buying power is ~$1.5 trillion!
There are 3+ million Black businesses in the U.S!
Black women are starting businesses at a faster rate than any other group!
The unemployment rate of Black Americans is 2X that of their White counterparts.
95% of Black-owned businesses are nonemployer businesses. 101% average increase in annual revenue after hiring the 1st employee
~5% of Existing Black-owned businesses have created over 1 million jobs!
The start-up capital for Black-owned businesses is only ⅓ of white-owned business start-up capital.
The net worth of White Americans is 8-10X greater than that of Black Americans.
41% of Black small businesses were forced to close temporarily or permanently due to impacts of the COVID-19 pandemic.
track_changes Increase Black Prosperity and Generational Wealth track_changes Strengthen and Grow Black Businesses track_changes Create Jobs to reduce unemployment and under-employment for Black Americans
check Make Every Friday, Black Friday!® - Movement to support Black-owned businesses weekly to increase business revenue and community wealth check Village Black Pages® - Business and community resource directories to promote and empower Black-owned businesses and locate critical information check Village Empowerment Network™ - One-on-one counseling for entrepreneurs, families, and individuals and online, on-demand business and wealth trainings + live workshops check Village@Work™ - Coming Soon! This workforce development program is focused on preparing business owners to create jobs and oppportunities within the communities they serve while reducing unemployment and increasing revenue and productivity for Black-owned businesses check Black Friday Challenge™ - Fun, interactive, friendly competitions to encourage consistent patronage of Black-owned businesses
Village Empowerment Network™
Village Empowerment Network™ provides the expertise Black entrepreneurs, individuals, and families need to thrive. Black business owners can receive one-on-one strategy, planning, and technical counseling from experts to grow revenue, access funding, manage employees and expenses, protect assets, and expand their network. Individuals and families will receive financial planning and budgeting services. ETV will also offer access to online, on-demand trainings and workshops through its VEN Partners designed to ensure that entrepreneurs and individuals can learn and access the information they need at their own pace to build generational wealth.
ETV funds exclusive one-on-one counseling, workshops, and
on-demand training courses for VEN registrants offered by more than a dozen
VILLAGE EMPOWERMENT NETWORK PARTNERS
Meet the Team Leader!
ETV Founder Interview With AACCNJ
About The Black Friday Movement
ETV Founder, Ayo Sanderson Wilson, speaks to AACCNJ about the importance of supporting Black-owned businesses through the ETV Economic Prosperity Initiatives.