Business has played a significant role in Black history, dating back to the early days of slavery when enslaved individuals were forced to labor on plantations and in various industries without compensation. Despite these harsh conditions, there were instances of Black entrepreneurship even during slavery, with some individuals able to save money and buy their freedom or start small businesses.

After the abolition of slavery, Black individuals faced significant barriers to economic opportunity, including discriminatory laws and social practices that limited their access to education, jobs, and capital. Despite these challenges, many Black entrepreneurs persevered and established successful business ventures.

During the early 20th century, the emergence of Black Wall Street in Tulsa, Oklahoma, exemplified the economic prosperity and resilience of Black businesses. Black entrepreneurs and professionals in the Greenwood District built a thriving community with successful businesses, including banks, theaters, restaurants, and more. However, in 1921, the prosperous Black Wall Street was destroyed in one of the deadliest racially-motivated attacks in U.S. history, known as the Tulsa Race Massacre.

In the decades that followed, Black entrepreneurs continued to make significant contributions to the business world, with pioneers such as Madam C.J. Walker, the first female self-made millionaire in America, and Berry Gordy, founder of Motown Records, breaking barriers and achieving success in their respective industries.

Today, Black entrepreneurship continues to thrive, with many Black-owned businesses across various sectors making an impact in the economy. Black business leaders continue to advocate for economic empowerment and equal opportunities for the Black community, working towards a more inclusive and equitable business landscape.