Location, Industry, and/or Market Segment

We are targeting underserved minority businesses, specifically Small and Medium-sized Enterprises (SMEs) and Minority Women-owned Businesses (MWBEs), primarily African Americans and African Diasporans in the New York and New Jersey areas, specifically Black or African Americans in the neighborhoods of Paterson, Downtown Newark, Mount Vernon, and Harlem, NY.

Harlem, NY

In Harlem, USAfrica Business and Trade Network would provide entrepreneurship capacity building through training and education to create economic opportunities, and support affordable housing options. We would also provide child services for participants in our program, who require during in-person networking, courses and one-on-one counseling when needed.

Here is a table with demographic information on race and ethnicity for Harlem, NY based on the
2021 American Community Survey:

White
White 19.4%
Black
Black 46.1%
Some other race
Some other race 14%
Hispanic or Latino (of any race)
Hispanic or Latino (of any race) 27.1%
Asian
Asian 3.9%
American Indian and Alaska Native
American Indian and Alaska Native 0.7%

Mount Vernon

In Mount Vernon, we would collaborate with organizations like The Westchester County Department of Social Services, The Mount Vernon Youth Bureau, and The Mount Vernon Community Action Partnership (MVCAP) to provide entrepreneurship capacity building through training and education to create economic opportunities for the community, and support affordable housing options.

According to the 2021 American Community Survey, the racial and ethnic composition of Mount
Vernon is as follows:

White
White 15.1%
Black or African American
Black or African American 56.3%
American Indian and Alaska Native
American Indian and Alaska Native 0.2%
Asian
Asian 2.4%
Hispanic or Latino (of any race)
Hispanic or Latino (of any race) 21%

East Orange City, NJ

This city faces several challenges like high poverty and unemployment rates and limited access to financing and resources. These challenges present significant opportunities for organizations like the USAfrica Trade and Business Network to support small businesses and entrepreneurs and provide child services for program participants during in-person networking and counseling sessions.

Here is a table with race/ethnicity demographic information for East Orange City, NJ, based on the 2021 American Community Survey:

White
White 1.5%
Black or African American
Black or African American 80%
Hispanic or Latino (of any race)
Hispanic or Latino (of any race) 12%
Asian
Asian 0.5%

Newark, NJ

 In Newark, USAfrica Business and Trade Network will partner with businesses and local community organizations to create and promote economic development in the area and support affordable housing initiatives.

Here is a table with race/ethnicity demographic information for Downtown Newark, based on the 2021 American Community Survey:

White
White 9.2%
Black
Black 47.1%
Hispanic or Latino (of any race)
Hispanic or Latino (of any race) 36%
Asian
Asian 2.5%