Madison's gener8tor has joined a seemingly growing roster of companies looking to support or take up space inside what could soon be a business hub for Black entrepreneurs on the city’s South Side.

A Downtown-based startup founded in 2012, gener8tor now has more than 40 accelerator programs available to early-stage companies across the United States and in the small European country Luxembourg. The programs also support musicians, artists, investors and universities.

The Black Business Hub, a $25.3 million construction project recently put forth by the Urban League of Greater Madison (Madison, WI), would be the city’s first Black-led enterprise center — an 81,000-square-foot, four-story building at the corner of Park Street and Hughes Place.

Join us for multiple FREE digital sessions this month curated for business owners hosted by our affiliates.

Montgomery Bus Boycott. This week marks 66 years since the Mass Meeting that ignited the nation to demand equal rights. Read more. | COVID-19 facts. There's a new variant in town, but there is no need to panic. Here’s what you need to know to stay safe. | Ready to elevate your business? Join us for multiple FREE digital sessions this month curated for business owners hosted by our affiliates. | It’s time for a change. Here’s how President Biden plans to grow our economy from the bottom up through the Build Back Better Framework. | New jobs report. Dr. Bernard Anderson, our Chief Economics Adviser, shares an in-depth look at the state of the economy. Here’s what the numbers tell us.

Dr. Bernard E. Anderson
Whitney M Young, Jr. Professor Emeritus, The Wharton School, University of Pennsylvania
Senior Economic Advisor, National Urban League
 
In November, private payroll employment increased 250,000, while government employment declined by 25,000. The unemployment rate declined 0.4 points to 4.2%. In contrast to the payroll report, the household survey showed an increase in employment 1.14 million, the sharpest gap ever between the two surveys.
 
The numbers suggest  that employment growth is adjusting to the labor market distortions generated by  Covid 19 and is reverting to the mean.   The average monthly growth over the last three months was 275,000, close to the average monthly job growth reported in the two years before the pandemic of 250,000 to 300,000 jobs.
 

Marc H. Morial 
President and CEO
National Urban League

“There comes a time when people get tired of being trampled over by the iron feet of oppression. There comes a time, my friends, when people get tired of being plunged across the abyss of humiliation, where they experience the bleakness of nagging despair. There comes a time when people get tired of being pushed out of the glittering sunlight of life's July and left standing amid the piercing chill of an alpine November. There comes a time.” – Martin Luther King, Jr., December 5 1955, Address to the first Montgomery Improvement Association Mass Meeting

This week marks the anniversary of the first of the Mass Meetings that drove the strategy and spirit of the Montgomery Bus Boycott, a foundational event in the Civil Rights Movement.

NEW YORK (November 29, 2021) – The nation has lost one of its greatest champions for racial justice and equal opportunity with the passing of former Congresswoman Carrie Meek of Florida, National Urban League President Marc H. Morial said today.

“The daughter of a sharecropper and granddaughter of a slave who was denied admission to graduate school in her home state because of her race, Congresswoman Meek dedicated her career to creating a just and equitable society and expanding opportunity for every American,” Morial said. “Spurred by her early experiences with segregation, which she called a ‘shadow’ on her life, she led the integration of Miami-Dade Community College, where she spent three decades as an educator and administrator.

A local organization wants to help people move past their criminal record by training attorneys to better represent them.

The Louisville Urban League (Louisville, KY) is hosting an "expungement training workshop" for attorneys.

Through the "Reily Re-entry Project," the Urban League has helped thousands of people get their records erased, though organizers say they need more attorneys to help guide people through the complicated process.

"I always want the community to understand that our role is to do the projects, do the work. We're helping. We're the Band-Aid. But we really need the policy to shift the nature of the work. If I had the magic wand to change the policies that force this job to even exist I would immediately put myself out of business," said Sadiqa Reynolds, President and CEO of the Louisville Urban League.

On average, digital attacks cost enterprises an estimated $200,000, which is a high price tag for most businesses. In fact, an alarming 60 percent of small businesses shut down for good within six months of an attack. However today, there are ways to protect small businesses so that they do not fall victim to financial extortion or the destruction of sensitive information.

Palo Alto Networks, the global cybersecurity leader, has begun partnering with NUL, not only to grow NUL's education and workforce programs—Project Ready and the Urban Tech Jobs Program—but also to provide affordable products to NUL’s small business owners. At a recent Tech & Demo Day, their experts also joined us in a discussion on the importance of heightened security awareness, sharing how small businesses can effectively implement today’s cybersecurity measures.  

The effort to create a new enterprise center in Madison dedicated to supporting under-served entrepreneurs received a big boost, thanks to the foundation created by American Girl founder Pleasant Rowland.

On Wednesday (November 24th), the Pleasant T. Rowland Foundation announced a gift of $1 million for the Black Business Hub, a proposed 4-story building placed prominently at the corner of Park Street and Hughes Place. The donation equals a full third of the amount the Urban League of Greater Madison (Madison, WI) is trying to raise before breaking ground next month.

“What an inspirational way to head into the Thanksgiving holiday!” Urban League President and CEO Ruben L. Anthony, Jr., said. “I am more confident now than ever that we will bring this vision to life, and ultimately have an impact on families in our community that will be felt for generations to come.”