Are You a Black Owned Business Operator in Englewood?

Posted: November 15, 2020 in Uncategorized

“Economics is the production, distribution and consumption of goods and wealth. PowerNomics then is the ability of Blacks to pool resources and power to produce, distribute and consume in a way that creates goods.” – Dr. Claude Anderson

The Resident Association of Greater of Englewood is seeking to have a deeper connection, dismantle racial systems that hinder local wealth and build greater relationships with the Black Owned Business Operators of Englewood and West Englewood. A market research report in 2006 from MetroEdge shows that there is retail leakage of ~$194M per year leaving our neighborhood which means 0.69 cents of every dollar leaves the Englewood community. This is 2.5 times higher then national average. We are working on initiatives to ensure that this leakage decreases and that our dollar is rotating back in the neighborhood. If you would like to review the MetroEdge report click here. We are certain that this leakage has probably increased since 2006, which means, ACTION needs to be taken!

As a starting point, we are creating a comprehensive directory and working to seek to additional support and promotions for existing BLACK business owners here in our neighborhood.

To help us accomplish this goal we are asking BLACK business owners who which to be included in our directory, to please complete this form!

Should you have any questions about this new initiative of our association feel free to email us at joinrage@gmail.com or call us at 866-845-1032.

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