In 1968, the Black Economic Union was incorporated in the State of Missouri by Kansas City Chiefs football player Curtis McClinton as a community development corporation to support the economic and real estate revitalization of the African American communities within Greater Kansas City.
The Black Economic Union Virtual Small Business Incubator is a collaborative process of mentorship, support, resources, training, management, and development assistance that assists both existing and aspiring entrepreneurs in achieving sustainable businesses.
The organization celebrates its 52nd Year Anniversary in 2020 and has established an impressive record as a pioneer in urban core revitalization. As one of the first established minority community development corporations in the country, The Black Economic Union is nationally recognized for the following in Kansas City:
* building over 955 multi-family homes for senior adults and low to moderate income families by leveraging over $58.6 million
* stimulating the local economic development by leveraging over $63.9 million in commercial / business development which resulted in over 720,000 square foot of real estate development
* create community revitalization by acting as a catalyst to attract and direct the use of public and or private resources to serve as a developer of mixed-use real estate
* establish and provide a successful small business center and support services located in the Historic Downtown 18th & Vine District
The Black Economic Union Youth Ambassador & Workforce Development Training was created to address the financial literacy and life success skill needs of young adults in the community. In the Fall and Winter of 2019, our B.E.U. Youth Ambassadors were coached by community stakeholders in financial literacy facts, including banking, investing, credit and budgeting skills. This period of coaching culminated in a game of Jeopardy, at the Black Archives Museum in the Historic 18th & Vine District, where competitors demonstrated their knowledge of personal finance and earned scholarship prizes. In the Summer of 2020, our B.E.U. Youth Ambassadors enrolled in a college-level qualitative research course and designed community-based research projects. Given the disproportionate impact of COVID-19 on the African American community, they explored the utilization of COVID-19 preventative measures by the African American community.
Our campaign is a necessary required step to continue providing exceptional support to our local families, existing small businesses, and most importantly the aspiring minority entrepreneurs for the future. The campaign funds will be used to support the development of a new office and training facility and maintain the small business support programs administration and management. The donations we receive from supporters like you, whether individuals or corporations becomes an investment in the African American communities we are serving.
Your donations support our efforts to provide the much-needed training, coaching, and strategic planning for the urban community and its small business owners or aspiring entrepreneurs.
We Thank You for considering our request for donations!