Empowering Black Enterprises to Thrive Globally (SMEs Beyond Borders)
At the Black History and Lifestyle Award (BHLA), we believe that economic empowerment is the cornerstone of sustainable growth and innovation within the Black community. Our commitment extends beyond recognition to actively facilitating access for Black-owned Small and Medium Enterprises (SMEs) to international markets. By connecting businesses to global networks and resources, BHLA bridges gaps in opportunities and accelerates the integration of Black enterprises into the global value chain.
The globalization of business presents significant opportunities for Black-owned SMEs, especially those in industries with high growth potential, to engage in cross-border activities such as trade, investment and strategic partnerships. However, SMEs face persistent barriers including limited access to funding, regulatory challenges and insufficient inclusion in major international supply chains. BHLA actively works to address these challenges through strategic initiatives.