National Business League, the nation’s first black business organization turns 120

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At Sunday, August 23, 2020, the 120,000 members of the NBL in 367 chapters around the world celebrated the organization’s unwavering commitment to the economic development of black communities. Of his 120and anniversary, the NBL is set to streamline the integration of the country’s 2.6 million black businesses into the global marketplace using technology. Black-owned businesses generate $150 billion of annual revenue in the United States and supports 3.56 million jobs in the United States. This advanced shift to the digital age will be absolutely essential in the post-COVID-19 era, according to NBL President and CEO Ken L. Harris, doctorate

Booker T. Washington vision is more relevant today than it was 120 years ago, as a new generation of unapologetic black leaders take the helm,” said Harris, president/CEO of the National Business League, Inc. “The revolution will not be televised; it will be digitized,” he said.

Booker T. Washington, founder of the Tuskegee Institute, organized the National Negro Business League on August 23, 1900, to promote “the commercial, agricultural, educational, financial and industrial advancement of Negroes [sic].” In 1966, the organization was renamed the National Business League.

Booker T. Washington vision was that a significant number of our employees would train and become captains of industry, employing millions of people in this time of global economic development,” said Booker T. Washington great grandson, Marshall Washington-Cabiness Abuwi, doctorate

The World Conference of Mayors, an organization committed to 5,000 current and former mayors across United States and around the world, joined the Alliance of Historic Black Cities and Settlements in voting unanimously to adopt an official statement recognizing the National Business League as an official partner in its efforts to grow black business and commerce worldwide and declaring August 23 a statutory holiday in recognition of 120 years of service. The Honorable Johnny Ford, Founding President of the World Conference of Mayors, said: “This is the start of a global partnership uniting the black political economy across the world to further develop the entrepreneurial and innovative landscape in the marketplace. global.

Booker T. Washington was also known for his ability to develop financial and political ties between the black community and the white business elite. close collaborator of Washington, Andrew Carnegie, helped Washington establish a group of giant corporations such as John D. Rockefeller, JP Morgan, John Wanamaker, and Julius Rosenwald, chairman of Sears, Roebuck and Co., to name a few. These men played a pivotal role in helping the NBL grow black businesses across America. “Today, the NBL has established itself as a corporate powerhouse with more than 125 Fortune 500 companies, public and private partnerships including Amazon, AMEX, Comcast, Comerica Bank, FIAT Chrysler, Ford, GM, Google and Toyota, as the organization further advocates for economic equity and inclusion for Black businesses nationwide,” said Thomas W. Dortch, Jr., Chairman of the Board of Directors of NBL.

In Booker T. Washington last speech to the league, he said: “Deep down in education, deep down in politics, even deep down in religion itself, there must be for our race, as for all races, a basis economic, economic prosperity, economic independence.”

About the National Business League

The National Business League is the first and largest nonprofit, nonpartisan, nonsectarian black business and professional association, which was founded on August 23, 1900, by the emblematic Booker T. Washington. The NBL has more than 120,000 members nationwide, with regional offices in Atlanta, Georgia, Detroit, Michigan, Los Angeles, CA, and washington d.c., as well as more than 367 local league chapters across the country. The organization provides access to 2.6 million black businesses across the United States. Visit www.nationalbusinessleague.org, Twitter @theNBL1900, Instagram @NBL1900 and Facebook @theNBL1900.

Contact: LaToya Cunningham Call: (248) 361-8557

SOURCE The National Business League, Inc.

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https://www.nationalbusinessleague.org

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