Chamber News

To Our Members, Supporters, and Friends,

We write to you during a time of immense challenge and resolve. Across the nation, we are witnessing the rollback of Diversity, Equity, and Inclusion (DEI) initiatives in companies and institutions—initiatives that many of us have fought tirelessly to establish. These setbacks are deeply disheartening, particularly as they risk reversing progress in addressing systemic inequities that disproportionately impact Black communities and Black-owned businesses.

However, we remain steadfast. Now, more than ever, we must draw on our collective strength, resilience, and commitment to justice. Our mission to empower and uplift Black businesses across Minnesota has never been more critical.

Since the murder of George Floyd, we have witnessed an unprecedented recognition of systemic racism and a surge of initiatives aimed at addressing inequities. While we honor the efforts and strides made during that time, we also remember that this work is far from finished. The renewed focus on equity that emerged in those moments must not be forgotten, and we must hold ourselves and others accountable to ensure the momentum continues.

The rollback of DEI is not just a moral setback—it is an economic one. Black-owned businesses contribute over $133.7 billion annually to the U.S. economy (U.S. Census Bureau, 2021), yet they receive less than 2% of corporate and government contracts (Brookings Institution, 2020). Research shows that companies with strong supplier diversity programs achieve a 133% greater return on procurement investments, generating an average of $3.6 million in returns for every $1 million spent (Supply Chain Management Review, 2023; Forbes, 2024). These programs not only promote fairness but also drive business innovation, expand market reach, and enhance financial performance. When corporations eliminate supplier diversity initiatives, they are not just harming Black businesses, they are limiting their own growth potential.

We acknowledge the unique challenges faced by Black business owners during this time. For those with retail products on store shelves, the uncertainty surrounding corporate DEI programs can feel like a direct threat to your hard-earned progress. For consultants, restaurant owners, and professional service providers, the shifting landscape may present additional hurdles to securing opportunities and growth. To each of you, we say: you are not alone. The Minnesota Black Chamber of Commerce stands with you, advocating for your success and fostering a community where your voices are heard and amplified.

To our allies and supporters, your role is vital. Here are the ways you can continue to champion Black businesses and uphold the principles of equity and justice:

1. Buy Black: Commit to shopping at Black-owned businesses, dining at Black-owned restaurants, and hiring Black professionals for your projects and services.
2. Advocate: Use your platforms to highlight the value of Black businesses in our economy and communities. Challenge policies and decisions that undermine equity.
3. Partner: Collaborate with Black entrepreneurs and organizations to create opportunities for innovation and growth.
4. Educate Yourself: Deepen your understanding of systemic racism and its impact on economic opportunities for Black communities. Knowledge fuels action.
5. Donate and Invest: Contribute to funds and initiatives that directly support Black businesses and entrepreneurs, starting with the Minnesota Black Chamber of Commerce.

We also encourage you to partner with the Minnesota Black Chamber of Commerce as a sponsor, or member, or by attending one of our networking seminars. We are actively revising and expanding our programming, workshops, and initiatives to better serve our community, including the upcoming launch of the 10k Black Business Program.

Fundamentally, we are reminded that justice is not a fleeting goal—it is a commitment that requires consistent effort and courage. As we navigate these turbulent times, let us continue to build a future rooted in equity, empowerment, and economic inclusion. Together, we can ensure that Black businesses in Minnesota not only survive but thrive, driving prosperity for generations to come.

In solidarity and strength,

Calandra Revering
President and CEO
Minnesota Black Chamber of Commerce

Candice Ellis
Board Chair
Minnesota Black Chamber of Commerce