The NBCC reaches 100,000 Black owned businesses. There are 1 million Black owned businesses in the United States. Black businesses account for over $100 billion in annual sales. African Americans have over $800 billion in expendable income each year according to the US Bureau of Census.
Mission Statement
The National Black Chamber of Commerce is dedicated to economically empowering and sustaining African American communities through entrepreneurship and capitalistic activity within the United States and via interaction with the Black Diaspora.
Organization Profile
The National Black Chamber of Commerce was incorporated in Washington, DC in March 1993. This business association represents 95,000 Black owned businesses and provides an advocacy that reaches all 1 million Black owned businesses.
The NBCC is a nonprofit, nonpartisan, nonsectarian organization dedicated to the economic empowerment of African American communities. 190 affiliated chapters are locally based throughout the nation as well as international affiliate chapters based in Bahamas, Brazil, Colombia, Ghana and Jamaica and Businesses as well as individuals who may have chose to be direct members with the national office.
In essence, the NBCC is a 501(c)3 corporation that is on the leading edge of educating and training Black communities on the need to participate vigorously in this great capitalistic society known as America.
Throughout the 1990's, African American businesses in the U.S. posted sales of more than $100 billion annually. In general, African Americans represent an annual spending base of over $800 billion. NBCC has harnessed much of the power of these dollars and provides unique opportunities for corporations and African American businesses to partner in creating greater opportunity for all people.