The ASBCC is a private non-profit entity committed to advancing the economic, intellectual, and social conditions of its affiliates and members and the communities that they serve throughout Alabama.

Alabama’s Black firms generate less than 1% of the total sales/receipts generated by Alabama businesses.

 

Problems Facing Alabama’s Black Businesses:

• Limited & reduced access to capital and credit due in part to stricter regulatory oversight.
• Primarily in slow growth industries.
• Inability to obtain contracts and historic under utilization of Black businesses on state and local contracts.
• Slow recovery from the 2007 recession.
• Higher rates of Black unemployment resulting in lower disposable income and consumer spending .
• Limited access to information and tools to grow their business.
• No advocacy for Black business community statewide.

• Grow a strong, vital, and united Black business community
• Creation of value for local chamber affiliates and members
• Position ASBCC as the leading advocate for Black business issues
• Assess, evaluate, and align the organization and operation of ASBCC