Business

Frankie Ross of 94.7 The WAVE Inspires Class of 2021 at Miracle’s Entrepreneur Program Class of OF 2021 WITH KEYNOTE SPEAKER

Miracle’s Entrepreneur Program Continues to Benefit Black and Brown Business Growth in their Communities – Class of 2021 Set To Roll Out 12 New Enterprises (SOUTH LOS ANGELES) – As Los Angeles County cautiously resumes its post-pandemic reopening, a group of newly certified minority entrepreneurs will be trying to carve a niche in the recovering…

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The Long Beach Center for Economic Inclusion Announces New President/CEO

Long Beach, CA – The Long Beach Center for Economic Inclusion (LBCEI) announces the successful culmination of their search process with the hiring of a new President/CEO: Byron K. Reed, former SVP and Head of Community & Local Government Relations for CIT/One West Bank. Starting in July 2021, Mr. Reed will utilize his vast community and economic…

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California scores staggering $75B budget surplus

By Reid Wilson From thehill.com California’s budget is in the black — by a staggering amount. A state that expected perhaps the most severe budget crunch in American history instead has a more than $75 billion budget surplus, Gov. Gavin Newsom (D) said Monday, after a booming stock market and better-than-anticipated tax revenues over the pandemic-plagued year.…

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Lendistry Tapped by the Small Business Administration (SBA) as Sole Community Partner To Help Administer $28.6 Billion in Restaurant Revitalization Fund (RFF)

LOS ANGELES /PRNewswire/ — As the largest minority-led deployer of capital in COVID relief funding, Lendistry has been tapped by the Small Business Administration (SBA) as the sole community partner to help administer $28.6 billion in Restaurant Revitalization Fund (RFF) financing established by the American Rescue Plan Act. Lendistry, a Black-led and operated lender, based in California, has created an…

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Truist’s $20 million Operation HOPE Investment Expands Financial Inclusion To More Communities

Partnership transforms access to financial resources, creating better lives and communities. ATLANTA, /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) and Operation HOPE today announced an expanded, multiyear transformational partnership, including a series of collaborative programs such as HOPE Inside coaching, digital access that connects to education and Truist solutions, and HOPE‘s 1 Million Black Business Initiative (1MBB), as part of the…

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Queen Aminah Muhammad, President, Leimert Park Village Merchants Association, Speaks

By Charlene Muhammad PACE NEWS Contributor Aminah Muhammad, affectionately known as “Queen Aminah” by her community and her customers, is no stranger to business.  She has been an entrepreneur for over two decades.  In a recent interview with PACE NEWS, she reflected on the Leimert Park Village Merchants Association, what it means to have been elected president in September 2020,…

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Noted Builder and Entrepreneur Charles Quarles Lends Name To Watts Area Business Incubator

(SOUTH LOS ANGELES-CA) Charles Quarles, President of The Bedford Group of Companies, a leading Los Angeles real estate development firm, has lent his    family name to the Quarles Business Opportunity Center (QBOC), a business incubator  focused on assisting minority entrepreneurs in the communities of Watts, Willowbrook, Compton, Carson, and South Los Angeles. An Entrepreneur Educational…

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