National Alliance for Black Business

What National Alliance for Black Business does

The National Alliance for Black Business (NABB) is a nonprofit, nonpartisan federation launched on September 27, 2022, at the National Press Club, co-founded by the National Business League (founded 1900) and the National Black Chamber of Commerce. NABB aggregates Black business associations, organizations, leagues, chambers of commerce, owners, and allies into a unified advocacy and accreditation body, with its stated mission to close the economic divide between the Black business community and government, public, and private sector corporations.

NABB's core product offering consists of two components: the Black Business Enterprise (BBE) Certification, positioned as the nation's first national Black-Business-Organization-Led accreditation process, and the BBE Scorecard, a digital accountability tool that enables organizations to measure, publish, and improve their participation and spend ratios with Black businesses on an annual basis. Scorecard results are intended to be published and accessible to the $1.8 trillion U.S. Black consumer base, creating a public accountability mechanism distinct from existing minority business certification programs, of which fewer than 1% of the 3.2 million U.S. Black businesses are currently certified.

The organization's revenue model is not publicly disclosed but is described as deriving from federation membership and organizational dues, with supplemental revenue likely from event sponsorships (e.g., Comerica Bank's sponsorship of the January 2023 Orlando breakfast) and certification-related fees. NABB operates a 11-50 person team, distributes content through organic social channels (Facebook, Twitter/X, LinkedIn) and Constant Contact email, and runs an annual conference cycle anchored by the National Black Business Policy Conference. The organization is US-domiciled, holds the NABB® registered trademark, and has no disclosed funding rounds, parent company, or institutional investors.

Name

National Alliance for Black Business

Legal name

National Alliance for Black Business

Website

https://nationalallianceforblackbusiness.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

The National Alliance for Black Business is a nonprofit federation co-founded by the National Business League and National Black Chamber of Commerce that issues the BBE Certification and operates the BBE Scorecard to measure and improve corporate spending with Black businesses across the U.S.

Ownership category

akta.pro rank

Product category

Minority Business Certification Services

NAICS

Business Associations (813910), Human Rights Organizations (813311), Convention and Trade Show Organizers (56192)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Racial & Ethnic Justice Organizations (BPAGAFAC)

akta.pro secondary industries

Business Registration & Corporate Affairs (Registries) (BPAIAOAA), Association & Society Conference Management (Nonprofit, Professional Bodies) (THAHACAA)

Keywords

• Minority business certification
• Supplier diversity programs
• Business accreditation services
• Procurement access solutions
• Economic equity advocacy

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Membership and Federation Dues: NABB operates as a nonprofit, nonpartisan federation of Black business associations, organizations, leagues, chambers of commerce, owners, and allies. Revenue likely derived from membership fees and organizational dues from member entities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

The National Alliance for Black Business is a nonprofit, nonpartisan federation that offers the Black Business Enterprise (BBE) Certification—an accreditation process led by Black business organizations—and the BBE Scorecard, a digital accountability tool that helps government, public, and private sector organizations measure, publish, and improve participation and spend ratios with Black businesses. It also convenes the National Black Business Policy Conference as an annual policy and advocacy gathering.

Product overview

The National Alliance for Black Business (NABB) is a nonprofit, nonpartisan federation of Black business associations that offers two core products: the Black Business Enterprise (BBE) Certification and the BBE Scorecard. The BBE Certification is an accreditation process led by Black business organizations, while the BBE Scorecard is a digital accountability tool that helps organizations measure, publish, and improve participation and spend ratios with Black businesses.

Differentiator

Problem solved

Functional benefit

Brands

• BBE Certification & Scorecard: The Black Business Enterprise Certification is the nation's first-ever national Black-Business-Organization-Led accreditation process to close the economic divide between the government, public and private sector corporations. The BBE Scorecard is a digital accountability tool that helps organizations measure, publish and improve participation and spend ratios with Black businesses.
• National Black Business Policy Conference

Products and services

• Black Business Enterprise (BBE) Certification The nation's first-ever national Black-Business-Organization-Led accreditation process designed to close the economic divide between government, public, and private sector corporations. It certifies Black businesses to give them access to hundreds of billions of dollars in government, public, and private contracting and procurement opportunities.
• BBE Scorecard A groundbreaking digital accountability tool that helps organizations measure, publish, and improve participation and spend ratios with Black businesses. Annual ratings are reported from participating organizations across all sectors and industries and are accessible to the $1.8 trillion Black consumer base in the U.S.
• National Black Business Policy Conference Annual conference bringing together Black business leaders, chambers, associations, corporate partners, and policymakers for policy discussion, advocacy, and movement-building around a unified Black business agenda.

Quantifiable outcome

• Access to hundreds of billions in government, public and private contracting and procurement opportunities

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• National Business League (NBL)coreStrategic or Co-development Partner · 27 September 2022Co-founder of the National Alliance for Black Business. The National Business League, founded in 1900, is one of the oldest business organizations in America representing Black businesses and entrepreneurs.
• National Black Chamber of Commerce (NBCC)coreStrategic or Co-development Partner · 27 September 2022Co-founder of the National Alliance for Black Business. The NBCC is dedicated to empowering and promoting Black businesses and economic development in the Black community.
• Comerica BankminorGTM or Marketing PartnerPresented the National Alliance for Black Business Breakfast & Press Conference event in Orlando, Florida on January 27, 2023. Comerica Bank, a financial institution, served as event sponsor.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• National LGBT Chamber of Commerce (NGLCC): NGLCC is the LGBT Business Enterprise (LGBTBE) certifying body providing supplier diversity inclusion. Comparable as a community-led certification program that links under-represented businesses to corporate procurement, operating similarly to the BBE Certification model.
• Women's Business Enterprise National Council (WBENC): WBENC is the leading U.S. women's business enterprise certification body with deep corporate member relationships. It is comparable as a demographically-focused certification federation, demonstrating how a niche certification program can scale to procurement relevance.
• U.S. Hispanic Chamber of Commerce (USHCC): USHCC is the national federation for Hispanic business chambers, providing Hispanic business certification, advocacy, and procurement access. Comparable to NABB as a demographically-focused business federation that pairs chamber convening with certification-adjacent activities.
• National Minority Supplier Development Council (NMSDC): NMSDC is the dominant U.S. minority business certification body (MBE certification) serving corporate members and MBEs across multiple minority groups. It is the most established incumbent NABB directly challenges by adding a Black-business-organization-led certification layer.

Emerging players

• Disability:IN: Disability:IN operates the Disability Equality Index and disability-owned business certification that connects corporations and disabled-owned businesses to procurement opportunities. Comparable as a community-led certification/measurement body with corporate accountability publications (analogous to BBE Scorecard).
• National Veteran Business Development Corporation: NVBDC is the leading veteran-owned business certification body (VOBE certification) connecting veteran-owned firms to corporate contracting. It is comparable as a demographically-focused business certification program, illustrating a niche certification path that has achieved procurement recognition.

Regional players

• Minority Business Development Agency (MBDA): MBDA is a U.S. federal agency that supports minority business development and access to contracts/capital. Comparable as a public-sector actor promoting minority business certification and procurement access, the same problem space NABB operates in.

Direct peers

• U.S. Black Chambers, Inc. (USBC): USBC is a national network representing 100+ Black chambers of commerce, providing Black business advocacy and access. It is a direct comparator as a Black-led chamber federation pursuing similar B2B procurement and capacity-building outcomes.
• National Black Chamber of Commerce (NBCC): NBCC is the second co-founder of NABB and operates as a national Black-focused chamber of commerce promoting Black business economic development. It overlaps directly with NABB's federation/membership model and certification activities.
• National Business League (NBL): NBL is the parent/co-founding organization of NABB and the oldest Black business organization in America (founded 1900). It is a direct peer because it performs parallel advocacy, networking, and certification-adjacent services for Black businesses through its own chapters.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/nbl1900
• Facebookfacebook.com/thenbl1900
• LinkedInlinkedin.com/company/national-alliance-for-black-business

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Alliance for Black Business