Our Mission
Support Black Philly was originated from the core need to increase visibility into “Buying Black” during the COVID-19 global pandemic. The 2020 onset of the virus struck the African-American and Hispanic communities who were already disproportionately impacted, leaving them vulnerable & subject to elimination. Our mission, it’s simple – We are here to create toxic free spaces to amplify Black and Brown Businesses within the Greater Philadelphia Area. The purpose is to specifically cultivate economic power within black spaces (Support ‘Black’ Philly) as they are in most urgent need to increase the life span of a dollar in their community.
Amplify “Buy Black” Mainstream
BLOOP MARKET
"Over 90% of small businesses in majority black communities hold cash reserves of fewer than 14 days, so they are more likely to run out of operating funds when customers stay at home. And the most recently available Federal Reserve data shows that black business owners are denied loans at twice the rate of white owners, so they are more likely to have trouble finding capital to survive the pandemic." (Written by Eugene Cornelius Jr. of the Milken Institute for CNN.)
TRUTH BE TOLD
“The lifespan of a dollar in the Asian community is 28 days, in the Jewish community the lifespan of a dollar is 19 days and the lifespan in the African-American community is approximately six hours.” (Figure cited from Roland Martin, NewsOne Now)