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Cathay Dawkins discusses Why More than half of Black-owned businesses may not survive COVID
October 21, 2020 @ 6:30 pm – 8:00 pm
About this event
Black-owned businesses have been hit substantially harder by the coronavirus pandemic than companies overall.
According to the Federal Reserve Bank of New York, 41% of Black-owned businesses across the country shut down between February and April, echoing the findings of a similar University of California, Santa Cruz study released in June. About 32% of Latino businesses and 26% of Asian businesses shut down over the same time span. Only about 17% of white businesses shut down during the same period, the study authors found.
Join Cathay Dawkins for a virtual fireside chat. Dawkins is the founder of Black Business Owners of Charlotte, a community of local entrepreneurs and supporters using social capital to drive economic empowerment. He is the founder of Black Food Truck Friday and Charlotte Black Restaurant Week.
During this fireside chat learn what must be done to help the hardest-hit business owners.
Black Business Owners of Charlotte
Cathay Dawkins is a name you’ll often hear in Charlotte circles when it comes to Black business. Dawkins is the founder of Black Business Owners of Charlotte, a community of local entrepreneurs and supporters using social capital to drive economic empowerment. You’ve probably heard of the group’s most notable events, Black Food Truck Friday and Charlotte Black Restaurant Week, but its leader was making a name for himself as an entrepreneur long before BBOC came to fruition.
At his core, Dawkins says landscaping is his first love. It was a skill he mastered as a teenager growing up near Spartanburg, thanks to guidance from his dad. After college, he gathered his clients and officially started his own landscaping business, Dawkins Landscaping & Building Services. Dawkins said he was “feeling rich” and proud that he quickly made $32,000 from his small business. A bank statement — a physical representation of that pride — hung on the wall in his room.
Register to attend virtually via Startup Grind Charlotte
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