(BALTIMORE – August 23, 2016) – The next Bmorenews.com business networking event is Black Wall Street PORT COVINGTON on this Friday, August 26, 2016 from 3 to 5 pm at The City Garage, 131 W. Dickman Street, Baltimore, MD 21230. RSVP for this unique entrepreneurship opportunity at http://blackwallstreetportcovington.eventbrite.com.
Some may ask why we would host an event at Port Covington given all of the news swirling around about it? To which I’d reply that this is exactly why we should be there in South Baltimore. I am not a developer, nor do I fully understand all of the technical nuances surrounding Tax Increment Financing (TIFs), bonds, and tax-credits – especially to the tune of $535 million.
What I do know is that our black business owners and entrepreneurs need to be at the table no matter what. Period.
As my longtime mentor Paul Taylor stated, Port Covington is going to need everything a city would need: toilet paper, lights, trashcans, restaurants, hair salons as well as construction companies. It will need a supermarket, a barbershop, day care facilities, a pharmacy or two, and any and everything else people will require on a daily basis.
Baltimore is a majority black city and so there are many questions as to how Port Covington will benefit the broader black community. Common sense says to me that any and every black entrepreneur from every corner of the city should join us as we host an event highlighting black entrepreneurs and professionals as well as the people who support them regardless of race. Our honorees will receive the Joe Manns Black Wall Street Award.
Come and learn about other businesses. One never knows how things might evolve, but we gotta first show-up!
It is our hope that black entrepreneurs and business owners will use this event constructively and seek out any possible business opportunities and/or venture that might present itself. If we go and fail, at least we went. However, if we never go, we will never know. Even more, we don’t seek to be known as a group of people that waited and watched while others were busting their butts to get in the door and do what entrepreneurs do best: make something out of nothing.
Under Armour CEO Kevin Plank has potentially presented the City of Baltimore and the State of Maryland with a unique opportunity. Quite often, Baltimore has an anti-business mindset. So, there are a lot of pluses to having a billionaire set-up shop in one’s jurisdictions. After all, he is the man who has out a serious dent in Nike’s market share. And, there are other cities vying for his affections.
Plank’s Sagamore Development seeks to transform this 200 acres in South Baltimore into a city of its own. This has become the most talked-about development ever in the history of this city. Sure, there is much to be figured-out and I am not sure any one person has all of the answers.
My personal focus is that regardless of how this deal pans out, black entrepreneurs and business owners will be at this table. And that’s why I hope you join us on Friday. By the way, Special Thanks to Attorney Alicia Wilson, Esquire for helping to make this happen.
‘Til then …