In October The Plug attended the Black and Brown Founders Chroma Conference in Philadelphia. The theme of the 2022 event: money. Founders, aspiring entrepreneurs and other players that are a part of Philly’s innovation economy gathered at the Science Center to discuss ways the Black community can build sustainable, generational wealth.
The keynote speaker, Pamela Jolly, a wealth strategist, founder and fourth-generation Philadelphian, shared a piece of insight that has stuck with us:
“An earner creates wealth for others while sustaining themselves while an owner is a wealth builder for themself while creating wealth for others.”
These are just a handful of the many Black founders in Philadelphia who are building businesses to support their community and as Jolly put it, building a legacy:
Cody Eddings and Anis Taylor, co-founders of SnapRefund, a digital payment platform for businesses, are addressing financial literacy in Black and brown communities.
David Cabello and Aaron Cabello, twin brothers and co-founders of Black and Mobile, exclusively promote Black-owned restaurants through their delivery service.
Garry Johnson III, the founder of Bison Venture Partners (BVP), is helping small businesses and startups become investment ready by teaching people how to crowdfund. Johnson has helped underrepresented founders source $500,000 in non-dilutive funds outside of BVP.
Ian Kimble, a software engineer and co-founder of Black Tech Philly, a predominantly virtual space for Black tech professionals, led an initiative at Boys’ Latin of Philadelphia teaching introductory web development to high school juniors and seniors.
Dr. Keith Leaphart, the founder of Philanthropi, a platform that partners with financial institutions, employers, universities and non-profit organizations, empowers everyday donors to support non-profit organizations.
Muhammad Abdul-Hadi, the founder of Down North Pizza, solely employs formerly incarcerated individuals to his restaurant in North Philly. Abdul-Hadi is building a youth tech center in his community.
Neferteri Strickland, the founder of TEACHERS&, facilitates a network of education entrepreneurs.
Dr. Olan Soremekun and Dr. Mary E. Fleming, co-founders of Cayaba Care, are providing online and in-person services to support Black birthing people.
Shannon Morales, the founder of DEI tech hiring platform Tribaja, has connected thousands of professionals with culturally competent employers.
Sylvester Mobley, the founder of 1Philadelphia and Coded by Kids, is working to make Philadelphia an equitable tech and innovation ecosystem.
Tanya T Morris, the founder of Mom Your Business, is connecting female founders to resources and opportunities.
William Toms, the co-founder of creative incubator and agency REC Philly, is opening another hub in Miami early next year.
YaYa Horne and Damion Ward, co-founders of Tiny Room for Elephants, support a network of creatives while inviting the public to watch the art process.