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The Rise And Fall Of Black Business Power In Chicago: 13 Things To Know

The Rise And Fall Of Black Business Power In Chicago: 13 Things To Know

Black Business Chicago

Photo: George Ellis Johnson Sr. founded Johnson Products Company in Chicago, creating products such as Ultra Sheen and Afro Sheen, https://aaregistry.org/story/george-e-johnson-was-a-natural-businessman/

10. The Chicago comeback

There has been a slow resurgence of Black businesses opening again in Chicago that have global appeal.

“Chicago’s African American entrepreneurs are seizing the moment to scale up their businesses—and create a legacy of generational wealth in the process,” Politico reported.

One such company is the Black Bread Co., owned by Charles Alexander, Mark Edmond and Jamel Lewis.

“As African Americans, we don’t own or make any of the products that we use every day,” Lewis told Politico. He said he believes it’s important for Black entrepreneurs to produce “something that we use every day.”