Connect with us

Bay Area

Opinion – COVID-19 and the Black Business Community

Published

on

We’ve heard it, perpetually-year after year, decade after decade, generation after generation—the African American community is the most maligned and underrepresented population per capita, in US history.  Notwithstanding a legacy of accomplishment despite excessive personal attack; academic achievement despite underfunded institutions, freedom despite mass imprisonment, and human survival despite genocide: the African American business community must and will survive.

We are presently facing the direst human contagion of the last century; a novel corona virus, COVID-19, threatens to destroy the African American community. We have not faced a medical battle of this proportion–nearly 75,000 Americans have died in less than 100 days–since the 1918 Spanish Flu decimated the US population by some 200,000 fatalities.  How did America become the greatest and wealthiest nation on the planet following that epic health crisis? The likely answer is on the backs of African Americans, Spanish Americans, Asian Americans and Native Americans—the collective peoples of color.

Where is the documented history of our survival and wealth building since that time, save the unthinkable assassinations wrought from Jim Crow and Civil Rights eras?

Despite the unthinkable assassinations that occurred during the Jim Crow and Civil Rights eras, and with some atrocities still occurring, we must and will survive. As we rise from this present-day annihilation, we further resolve [that] our economic vitality will not be held hostage nor lay in a perpetual state of weakened life support. As Rev. Dr. Martin Luther King, Jr. declared in his 1963 March on Washington speech when he said, “we have come to our nation’s capital to cash a check…America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check which has come back marked ‘insufficient funds.’ But we refuse to believe that the bank of justice is bankrupt.”

And still today, the wealth inheritance for the African American community whether held back, denied, stolen or misappropriated is still past due.

Our survival is part of a continuum. The African American [Black Business] community will again create its own funding vehicles following the successful footsteps of many history-making and successful businesspersons such as Madame C.J. Walker – First female African American millionaire and inventor; Arthur George “A.G.” Gaston – Noted hotelier and entrepreneur; John H. Johnson – Founder and Publisher of Ebony Magazine; Sheila Johnson – Co-Founder of Black Entertainment Television Network, first African American female billionaire, hotelier and Oprah Winfrey – Billionaire media mogul and philanthropist.

We must and we will survive by following their examples of self help and mutual support.    

Cathy Adams, President of the Oakland African American Chamber of Commerce (www.oaacc.org) states, “The African American business community will survive this health crisis but the degree of our recovery will be determined by the financial resources and healthcare services made available. Before we were staring COVID-19 in the face, the Black community was swimming upstream against a current of inequities and insufficient services to balance the quality of life across racial demographics.  Nonetheless, we have pushed forward.  The goal now is to recover, equally, during and on the other side of this debilitating economic and health crisis.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Activism

Oakland Post: Week of February 25 – March 3, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 25 – March 3, 2026

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Activism

Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

Published

on

Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.
Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.

By Carla Thomas

The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.

The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.

“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”

According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.

“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”

This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.

Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.

Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.

“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”

The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.

“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”

Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”

For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.

“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.

Continue Reading

Activism

Oakland Post: Week of February 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 18 – 24, 2026

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

WORK FROM HOME

Home-based business with potential monthly income of $10K+ per month. A proven training system and website provided to maximize business effectiveness. Perfect job to earn side and primary income. Contact Lynne for more details: Lynne4npusa@gmail.com 800-334-0540

Facebook

Trending

Copyright ©2021 Post News Group, Inc. All Rights Reserved.