Black-owned businesses have been suffering for decades.
Systemic redlining is a disease that has been used to exclude the Black community from the critical resources required to start, grow, and scale viable businesses.
We are calling on organizations who are prioritizing economic equity to support the Reverse The Red Initiative and uplift underserved businesses. With your charitable contribution, you will be providing BIPOC entrepreneurs with equity not linked to debt and providing financial literacy & financial education to BIPOC businesses
Join us as we #ReversetheRed by granting dollars directly into Black-owned businesses.
Systemic redlining has resulted in a jarring wealth divide.
White family wealth is 10X greater than that of Black families.
Watch this eye opening video from Segregated by Design which details the “forgotten history of how our federal, state and local governments unconstitutionally segregated every major metropolitan area in America through law and policy. “
Reverse the Red is Powered by BBIF.
In 1980, a state of racial unrest spread across Miami and surrounding communities. As a result, a powerful social justice movement formed which helped raise awareness around the systemic disenfranchisement of the Black community. Leaders across the communities took action to seek justice to reform the economic gap.
Black Business Investment Fund (BBIF), a non-profit financial institution, was created to address that economic gap, and spearhead the advancement of Black businesses across the state of Florida.
After 30+ years of operation, BBIF has distributed over $81 million in loans, creating/ sustaining over 13,850 jobs and creating over $292 million in Economic impact.