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Grand Rapids Area Black Businesses (GRABB) is an Economic and Business Development organization. GRABB works to foster an economy that creates prosperity and supports the revitalization of predominantly Black neighborhoods.
GRABB works to expand opportunities for Black businesses in the Metro Grand Rapids area by assisting them with acquiring four form of capital (Human, Social, Intellectual and Financial) and creating awareness for Black businesses. GRABB is empowering the Black business community that is leading to meaningful and beneficial economic growth and sustainability.
$1.8 Trillion Black Consumer Spending with only 2% being spent with Black owned businesses. Shifting 10% of Black Consumer Spend would create millions of jobs.
Black Entrepreneurs only access 3% of $30 Billion in SBA backed loans and 1% of $108 Billion of Venture Capital Invested
Black families control 1/2 of 1% of this nations wealth nearly the exact same amount control at the end of enslavement of African descendants. Black families net worth on average is approximately $17k in wealth compared to $171K for White families
It is a sign of a thriving city to see regular reinvestment...Read More
Everyone needs a network of people they can count on, in both...Read More
GRAND RAPIDS, MICH — A man in Grand Rapids is leading the...Read More
Consumers Energy is partnering with the Michigan Municipal League Foundation on a...Read More
Join us for networking, food and drinks!! GRABB Connects are opportunities for current and future entrepreneurs to gather together for delicious appetizers, drinks, and music while exchanging social capital and […]Find out more »
We are excited to announce our next GRABB Breakfast. GRABB Breakfasts is a morning Chalk Talk and Development series for dreamers, makers, innovators, and current/aspiring business owners. This series not […]Find out more »