Daymond John, the founder and CEO of FUBU and co-star of ABC’s four-time Emmy Award-winning show Shark Tank, has announced the forthcoming Black Entrepreneurs Day presented by Chase for Business. In conjunction with Medium Rare (Shaq vs. Gronk), Black Entrepreneurs Day presented by Chase for Business is a primetime special at the intersection of business and entertainment. The free global live-stream celebrating Black business & entrepreneurship will air on Oct. 24 beginning at 7 p.m. ET on Facebook via Daymond John’s Page and across Facebook channels. The stream will also be simulcasted by our partner LiveXLive across 20+ other platforms including LiveXLive, YouTube, Twitch, TikTok, Twitter, and more.
Black Entrepreneurs Day presented by Chase for Business will be highlighted by Game Changer Conversations, presented by The General® Insurance, featuring Daymond John in one-on-one conversations with Black business leaders and cultural icons including Shaquille O’Neal, Gabrielle Union, Jamie Foxx, Robert Johnson, LL Cool J and others. Musical superstars Chance The Rapper and Questlove will also take the stage and perform live, in addition to the official Afterparty featuring DJ Diesel a/k/a Shaquille O’Neal presented by Pepsi. Daymond will be based in the Black Entrepreneurs Day custom TV studio in New York City, while all of the virtual interviews will be conducted via the event’s video broadcasting partner Cisco Webex.
The event will provide guidance and inspiration to the next generation of rising entrepreneurs, as well as $175,000 in bottom-line financial support, via its “NAACP Powershift Entrepreneur Grant,” which was created in partnership with the NAACP. The grants will be broken up into seven, generously funded by the event’s partners: Chase for Business, The General® Insurance, Pepsi, Cisco Webex, Quickbooks, Yappa, and Robinhood. Black entrepreneurs and small business owners across the country can apply now for the NAACP Powershift grant via www.BlackEntreprenuersDay.com; applications are now open through Oct. 12.
Daymond John said, “2020 has been a challenging year for many, but has also created tremendous opportunities for people throughout the country to rise up to be heard. I asked myself ‘how can I make a difference’ and ‘how can I call upon my network to help make that difference.’ I teamed up with Chase For Business to create Black Entrepreneurs Day in order to celebrate small businesses and the entrepreneurial spirit that drives me and so many others. The people and partners who have signed on to participate with me in this event are a testament for the need to create change within the Black community. Oct. 24 is the next step of many for supporting our entrepreneurs and is a tremendous endorsement that the world’s most celebrated entertainers, athletes, musicians, and brands will help lead the way.”
Daymond has been an ambassador for Chase since 2016 and has played a central role within Chase’s Advancing Black Entrepreneurs program, which offers tools and advice to help Black business owners address issues such as the financial challenges presented by the coronavirus pandemic. Chase’s bankers across the country continue to assist Black entrepreneurs, helping them effectively start and grow their businesses – from banking, finance and credit options. Daymond is honored to partner with Chase for Business to power the Black Entrepreneurs Day broadcast and to highlight Chase clients overcoming adversity throughout the show. In addition to fueling the NAACP Powershift Entrepreneur Grant, Chase & Daymond will offer mentorship services to the winning entrepreneur.
“Investing in Black-owned businesses is critical to driving job growth and economic opportunity across the country,” said Christopher Hollins, Managing Director, Chase Business Banking. “Through programs like Advancing Black Entrepreneurs, we’re giving owners the tools and advice necessary to prepare their business for long-term success, something that’s especially important today.”