July 8th 2023.
Buy Black New Bedford is a movement that was created in 2020 to promote Black businesses within the South Coast region of Massachusetts. It is hosting its second annual Dream Makers Market on July 13, 2023, which is a vendor market featuring all children and teen vendors. The aim of the event is to encourage Black children and teenagers to participate and thrive in a global marketplace.
Jonathan Felix, Assistant to the Executive Director at the Boys and Girls Club of Greater New Bedford, described the aims of the event in a press release: “America is a mixed market/capitalist economy, but few children are offered the opportunity to learn and apply market principles at home or in school. Many become playthings of powerful economic forces we do not understand as we were never taught. The Dream Makers Market provides a unique learning opportunity for children to dream, strategize, market, network, and learn basic principles to thrive in a global competitive marketplace which America still leads...In my 30 years of experience in education, this is the first time I’ve encountered something like this.”
The Dream Makers Market will provide an opportunity for Black children to gain access to resources and training that they may not otherwise have. According to Buy Black New Bedford’s founder and director, Justina Perry, the event’s partner organizations will include Our Sisters’ School and Boys & Girls Club of Greater New Bedford, with E For All Southcoast offering business training and First Citizens Federal Credit Union providing an interactive financial workshop.
The Brookings Institute has reported that Black-Owned businesses saw a significant boom during the pandemic of 2019-2020. However, access to capital and lines of credit have generally been limited for Black people in America. This means that entrepreneurs have had to be creative in how they procure funding for their ventures. Buy Black New Bedford fits into this landscape as a connective hub dedicated to connecting Black businesses both to each other and the larger community. Their website says that they have been successful at amplifying the voices of Black women, fundraising for local organizations, and connecting local businesses with opportunities.
The Dream Makers Market will give Black children and teens the chance to gain access to resources and training to help them succeed in a global marketplace. It’s a unique opportunity to learn and apply market principles in a supportive environment, and to develop the skills needed to thrive in a competitive economy.
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