Posted on May 1, 2017 By BBnomics With 0 comments

Black Owned Crowdfunding Site Reaches $100k in Funding – Ain’t No Stopping Us Now

Black multi-generation family outside, the power of the crowd. Black Owned Crowdfunding Site Reaches 100k in Funding – Ain’t No Stopping Us Now

Nationwide, May 1, 2017 – To be successful, it is vital to have the courage to go for it. At a time where it was unpopular to birth and run a black owned crowdfunding site, Lynn Da, a young budding entrepreneur out of Cincinnati has taken the bull by the horn to make the impossible possible.

Founded in the year 2012, with the aim of helping members of the black community get funding for their businesses, Suffice it to say that in April, BBNomics has been able to raise over $100,000 in funding.

Speaking excitedly, Lynn, the organization’s founder said; “I am thrilled about this latest development. This particular feat will go a long way in strengthening our hearts and increase our faith for a better tomorrow for the black community, as we all work together to make it happen. Even though the journey is long and tough, this has made us believe that it is achievable.”

In recent times, BBNomics has funded some notable projects such as; Kimchi Socks (a young socks company), Bringing More Healing to the hood (a mental health clinic in Chicago) and much more. “My personal goal is for BBNomics to raise one million in funding to help entrepreneurs and organizations open their doors to the public, and I know we are almost there” Lynn added.

It is noteworthy to mention that ‘Basil Health Fund’ and ‘Buy The Block’ are some of the campaigns that BBNomics is currently spearheading. While the former focuses on raising funds for Basil Elby, the alleged mastermind of the I-85 Atlanta bridge collapse, the latter presents a platform that will allow groups and individuals to pool resources, share knowledge, vote on the property to invest and efficiently manage investments.

According to their website, anyone can start a campaign and get funding for businesses, organizations, social causes and more. For more details about BBNomics, visit – www.bbnomics.com or follow them on Facebook at https://www.facebook.com/bbeconomics/
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