Senior Guide A5
A6 The Afro-American October14, 2023 - October 20, 2023 Volume 132 No. 21
THE BLACKwww.afro.com MEDIA AUTHORITY • AFRO.COM
$2.00 $1.00
DECEMBER 23, 2023 - DECEMBER 29, 2023
NNPA Newswire
President Joe Biden discusses new initiatives related to the Black business community with a host of elected officials, to include Vice President Kamala Harris, Congressman Jim Clyburn (D-SC-6), Rev. Wheeler Parker Jr., Rep. Bennie Thompson (D-Miss.) and Congresswoman Sheila Jackson Lee (D-TX-18).
President Biden celebrates Black small business boom, announces new investments By Stacy M. Brown NNPA Newswire
afro.com
During President Biden’s recent visit to the Wisconsin Black Chamber of Commerce, he showcased the unprecedented growth of Black small business ownership under his administration. In a press call, top White House officials attributed the surge in Black entrepreneurship, the fastest
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in 30 years, to Bidenomics, which the president pledged would receive further support through new investments targeting underserved communities. Hero Plumbing, a Black-owned business in Milwaukee dedicated to removing lead pipes, is at the forefront of this success story. The Bipartisan Infrastructure Law’s historic $15 billion funding allocation will help the company
fulfill President Biden’s promise to do away with all lead service lines by the end of the decade. While highlighting his administration’s significant investments in small businesses, particularly those owned by Black entrepreneurs, President Biden still faces opposition from some Republicans in Congress. However, administration officials said, despite GOP resistance, the American
Rescue Plan played a vital role in sustaining small businesses during the pandemic. Biden’s commitment to fostering opportunities for working families and small business owners is contrasted with Republicans in Congress advocating a return to failed trickle-down economics. Officials said Biden remains steadfast in his belief that diversity is crucial for economic security,
making unprecedented investments in Black communities to safeguard the American dream. Investing in Black entrepreneurship and opportunity Administration officials noted that Biden’s “Investing in America” agenda has catalyzed historic gains in small business creation and entrepreneurship. They reported that Continued on A3
AFRO ranks No. 81 at 2023 Inner City 100 Awards By Megan Sayles AFRO Business Writer msayles@afro.com The AFRO ranked 81 in the 2023 Inner City 100 (IC100) Awards, a recognition given by the Initiative for a Competitive Inner City (ICIC). The organization celebrates the 100 fastest-growing businesses in underserved communities across the country. The ceremony took place during ICIC’s Annual Conference, which was held in Miami on Dec. 11 through Dec. 12. The AFRO, for 131 years, has centered the Black community in its award-winning coverage. The organization joined several other Baltimorebased businesses, including MD Energy Advisors, SCB
Management and Watkins Security Agency, as IC100 Award winners. “Sometimes when people hear ‘legacy’ and ‘Black newspaper,’ they’re thinking old, dated and not relevant.
But, that’s not who we are, and that’s not who we’ve been over 131 years. The company has had to innovate at every stage,” said Frances “Toni” Draper, publisher of the AFRO. “What’s not old is the
fact that people need accurate information. We still need to highlight our successes and our community, and no one does it better than the Black press.” The AFRO was founded
in 1892 by Draper’s greatgrandfather John Henry Murphy, a former enslaved man, with a $200 investment from his wife, Martha Howard Murphy. The family-owned, legacy newspaper has transformed itself into a media company over the years. Recently the media company rolled out its Digital Billboard Network, a program
Continued on A3
AFRO Photo / Kevin Peck
(L-R) Diane Hocker, public relations director for the AFRO; Frances “Toni” Draper, publisher of the AFRO; Lenora Howze, executive director of the AFRO, and Kevin Peck, vice president of marketing and technology for the AFRO, attend the Initiative for a Competitive Inner City’s Annual Conference. The AFRO ranked 81 during the organization’s Inner City 100 Awards.
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