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City of Albuquerque Helps Launch New African American Greater Albuquerque Chamber of Commerce

Partnership will help support economic sustainability in the black business community

The City of Albuquerque’s Economic Development Department is partnering with the African American Greater Albuquerque Chamber of Commerce (AAGACC) by providing $40,000 in funding to help establish the new chamber. The AAGACC serves the greater Albuquerque area and is focused on promoting the growth of black-owned businesses. The AAGACC provides resources to connect small businesses with major corporations, exposes small businesses to other markets, provides leadership development, and promotes entrepreneurial excellence. Currently, the AAGACC has experienced rapid growth in its membership, with about 30 members currently. In its early stages of its existence, the chamber is focused on membership recruitment. The chamber will use the funding from the partnership to further develop educational programming, create mentorship opportunities, and host networking events.

“The African American Greater Albuquerque Chamber of Commerce is connecting small business owners to resources and opportunities. They are forming a new network for existing and new businesses owned by members of Albuquerque’s black community.” said Mayor Keller. “Equipping local small businesses with resources they need is at the core of our economic development plan. This is one more way we are proudly supporting local business in Albuquerque as we continue to build an economy that works for everyone.” he added.

“This early-stage partnership/investment from the City of Albuquerque will provide the AAGACC the leverage, influence, and credibility needed to legitimize our role in effectively advocating and facilitating small business growth for black entrepreneurs in the Greater Albuquerque community.  It will assist us to empower black businesses to achieve entrepreneurial excellence and to create opportunities for businesses to reach the next level.” said Theresa Carson, President/CEO of the AAGACC.

Census data from 2012, indicates that 2,000 business in New Mexico are owned by members of the black community. The 2012 data also shows 2.2% of businesses in Bernalillo County were owned by African Americans.

Those interested in joining The African American Greater Albuquerque Chamber of Commerce can visit their website at https://aagacc.org/