Is entrepreneurship a key for exiting poverty for many African Americans?
During the inaugural of Black Business Month in August, participating consumers will patronize an African-American-owned business each day and 15 governors will single out Distinguished Black Businesses in their states for special honors. At least they will if John William Templeton has anything to say about it. Templeton, founder of BlackMoney.com, a Web site that reports on business equity for African-Americans, told UPI that he started the month to reduce the “black business blind spot” by bringing the African-American community’s attention to the importance of business. But there seems to be a Black Business Month blind spot, too. So far Nevada is the only state to issue a proclamation declaring the month, although Templeton told UPI that he was working on getting proclamations from Virginia, Ohio, and Indiana. Templeton said he is making progress in promoting the month, however. He is planning to hold an “innovation contest” this month with 2,400 African-American-owned information
