Courtesy: GFW Inc.
FORT WAYNE, Ind. (ADAMS) – A recent report from the Brookings Institution reveals that the Fort Wayne metropolitan area has achieved one of the highest growth rates in Black-owned businesses nationwide. Between 2017 and 2022, the number of Black-owned employer businesses increased by 203.1%, adding 132 new businesses.
This growth places Fort Wayne 5th in the nation among large metro areas for the largest increase in Black-owned businesses.
GFW Inc. released the following:
Greater Fort Wayne Inc. (GFW Inc.) says that local leaders credit this success to the resilience of Black entrepreneurs and the strong network of community organizations dedicated to business development.
“I’m thrilled to see the progress our community has made in the number of Black-owned businesses,” said Fort Wayne Mayor Sharon Tucker. “The credit for this lies with the local entrepreneurs who have had the courage to pursue their dreams and build a business here. Many of them were supported by the people and programs of dedicated partners working to educate, encourage, and provide loans and funding for small businesses and start-ups. In particular, I’m grateful for the support of the Black Chamber of Commerce, Greater Fort Wayne Inc., Brightpoint Development Fund, and the City of Fort Wayne’s Summit City Entrepreneur and Enterprise District (SEED).”
John Urbahns, President and CEO of Greater Fort Wayne Inc., emphasized the significance of this milestone saying, “Fort Wayne’s ranking as the fifth highest in the nation for Black-owned business growth is a testament to the entrepreneurial spirit and resilience of our community. At Greater Fort Wayne Inc., we are committed to fostering an environment where businesses of all backgrounds can start, grow, and thrive. This remarkable increase highlights the impact of strategic partnerships, access to resources, and the determination of Black entrepreneurs who are strengthening our local economy. We celebrate this success and remain dedicated to supporting continued growth and opportunity for all.”
Local organizations such as SEED and Brightpoint Development Fund play a crucial role in strengthening the entrepreneurial ecosystem in Fort Wayne. Through financial assistance, business development programs, mentorship, and networking opportunities, these organizations provide essential resources that empower small businesses and startups to thrive.
By equipping entrepreneurs with vital resources, offering technical support, and increasing access to funding, SEED and Brightpoint Development Fund contribute significantly to the success and sustainability of local businesses, further driving economic growth and reinforcing Fort Wayne’s reputation as a hub for thriving entrepreneurs.
The momentum Fort Wayne is having is reflected in the achievements of several thriving businesses, each making a significant impact on the local economy and community.
Legendary Life Juice Bar LLC, founded by Azaria Chaney, is preparing to bring fresh, nutrient-packed, cold-pressed juices to the community. Focused on health and wellness, the juice bar will offer all-natural options to support a balanced lifestyle.
Legendary Barber Lounge, With 13 years in the barber industry and a passion for music as a local DJ, Sasha D. Chaney is a force in Fort Wayne’s creative and business community. As the visionary behind Legendary Lounge & Co., she is redefining the city’s grooming culture by blending high-end barber services with vibrant artistic and social experiences. Sasha’s love for Fort Wayne fuels her mission to bring unique and immersive events to her hometown—from luxury barber experiences to art shows and her signature Cocktails & Cuts events. She embraces the city’s growth and is dedicated to creating a space where culture, craftsmanship, and community converge. Through her work, Sasha is not just shaping styles—she’s shaping the future of Fort Wayne’s creative scene, one legendary experience at a time.
The growth of Black-owned businesses such as these has played a key role in Fort Wayne’s broader economic development, demonstrating that investment in diverse entrepreneurship creates a thriving and sustainable economy for all.
For more details on the report, visit Brookings Institution Report.
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