Mitchell: Charlotte to host 2018 Black Enterprise Entrepreneurs Summit
The four-day summit is one of the nation’s largest gatherings of black entrepreneurs, attracting more than 1,000 people annually.
The Black Enterprise Entrepreneurs Summit will return to Charlotte in 2018, eleven years after the Qcity last hosted the annual event.
Its return was announced Saturday by City Council member James Mitchell, who spoke to a group of women attending the Queen City Entrepreneurs’ Conference. Mitchell chairs the council’s economic development committee.
The Black Enterprise event, one of the nation’s largest gatherings of black entrepreneurs, was last in Charlotte in May 2007. Mitchell said attendance that year was disappointing, and he said the city failed to sufficiently promote the event.
“We’re going to do it better than we did it the first time,” he later told Qcitymetro. “We want to make sure we get the word out. We want to make sure we get the volunteers, and we want to make sure the business community is going to be very supportive of it.”
The summit, typically held in Orlando, Fla., is hosted by Black Enterprise magazine. As of Saturday, the magazine’s website had not announced the location of its 2018 event.
Mitchell wants 300 volunteers to help with logistics.
He also said he wants the city to aggressively promote the event, which typically is held in May and lasts four days, ending with a Sunday prayer breakfast. According to news reports in cities where the summit has been held, the event often draws 1,000 to 1,500 attendees.
“We want to have a good attendance, we want to have a good showing, and we want to redeem ourselves, quite frankly,” he said. “We want the banners to be uptown. We want the banners to be in SouthPark. We want everybody to know and embrace this Black Enterprise entrepreneurs conference.”
Mitchell described Charlotte’s business climate for blacks as lacking.
He cited a 2017 Kauffman Startup Activity Index, which ranked Charlotte 17th among the nation’s 40 largest cities. (Charlotte rose from 28th in Kauffman’s 2014 report.)
Mitchell said the city must do more to assist minority-owned businesses, and he said local banks must do more to fund startups, especially in communities that have faced discrimination.
“We’ve got to remove this label of not funding African American businesses,” he told Qcitymetro. “…Most entrepreneurs are not successful right out of the gate, so you need to give them second and third chances to be successful. We (Charlotte) are so conservation that if you don’t come with capital already, if you don’t come with the right vision, we have a tendency to kind of look at you and say, ‘prove yourself.’ Well, a lot of time we can’t prove ourselves without a contract and without capitol.”
Anyone looking to volunteer for the Black Enterprise summit should email email@example.com.