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Black Business Summit Focuses on Equity, Access and Data

Funds issued by the federal government require that the equity be measured in a disparity study. The data is used to evaluate DBEs and decide how to address any shortfalls. The 2022 Caltrans FTA Disparity Study placed African Americans at the bottom.

Timothy Alan Simon, chair of the board of the California African American Chamber of Commerce listens as Janice Bryant Howroyd, multi-millionaire and owner of The ActOne Group takes questions. as January 24, 2024 at the Westin Los Angeles Airport Hotel, Lost Angeles, Calif. Photo by Solomon O. Smith

By Solomon O. Smith, California Black Media

The California African American Chamber of Commerce hosted its second annual “State of the California African American Economy Summit,” with the aim of bolstering Black economic influence through education and fellowship.

Held from Jan. 24 to Jan. 25 at the Westin Los Angeles Airport Hotel, the convention brought together some of the most influential Black business leaders, policy makers and economic thinkers in the state. The discussions focused on a wide range of economic topics pertinent to California’s African American business community, including policy, government contracts, and equity, and more.