NORTHERN Ky. — The Greater Cincinnati and Northern Kentucky African American Chamber of Commerce (AACC) announced the results of a groundbreaking study.
The analysis, in partnership with UC Economics Center, shows the Greater Cincinnati Black businesses included in the analysis support more than $1.4 billion of operations expenditures and are responsible for directly employing 8,680 people with $540 million in earnings throughout the Cincinnati Metropolitan Statistical Area (MSA).
Additionally, earnings by Black-owned businesses generate approximately $6.2 million in sales tax to the states of Indiana, Kentucky, and Ohio and an additional $1.2 million to the five Ohio counties (Brown, Butler, Clermont, Hamilton, Warren) included in the Cincinnati MSA.
African American Chamber of Commerce (AACC)
The AACC is the largest African American Chamber in the State of Ohio. It is as committed to inclusion as business development; and as focused on advocacy as on building capacity. The AACC leverages regional partnerships and collaborates with organizations and supplier diversity and inclusion experts to empower businesses to succeed. The AACC is your business advocate providing business education series, marketing programs, and networking events to grow your business.
The AACC was founded in 1996 by a group of African American business owners and consumers seeking to improve the economic status of African Americans and the African American community. The vision was to form an organization, which would advocate on behalf of emerging and established businesses, help to create new market opportunities, and provide access to capital, and revitalize African American communities.