Daymond John's Black Entrepreneurs Day is set to return for a fourth installment on Nov. 1.
The event, created in response to systemic racism and economic inequalities highlighted by George Floyd’s murder, celebrates Black businesses and offers financial support through grants.
This year’s event will be held at the Apollo Theater and broadcasted online. It will feature celebrities like Whoopi Goldberg and Shaquille O’Neal and award eight $25,000 NAACP Powershift Entrepreneur Grants.
Though initial corporate support was strong, John notes a waning enthusiasm from companies but praises those continuing to invest in the Black community, stressing the need for sustained commitment.
The event will also host the Shopify Pitch Competition, offering Black entrepreneurs an additional opportunity to win $25,000 and receive mentorship. This initiative comes as a response to the disproportionate impact of the Covid-19 pandemic on Black-owned businesses and the inadequate support they received from federal assistance programs.
You can watch it on Facebook, YouTube, and BlackEntrepreneursDay.com.