Black Chamber of Arizona releases first impact report
“This impact report is a path forward,” said Velma Trayham, president of the Black Chamber of Arizona. (Submitted Photos/DigitalFreePress) Staff reports | Business & Commerce The Black Chamber of Arizona has released its first impact report, highlighting expanded programming and measurable outcomes in its efforts to support Black-owned businesses and close the racial wealth gap in Arizona, according to a press release. Key milestones from the report include: •$5 million in capital secured for entrepreneurs •$1.5 million aggregate increase in member sales •More than 1,200 businesses launched or scaled •Over 500 jobs created More than 15,000 hours of mentorship and technical assistance delivered “This impact report is a path forward,” said Velma Trayham, president of the Black Chamber of Arizona. “We’re focused on building, closing the racial wealth gap, creating more employer firms and helping small businessesreach the finish line.” The report also outlines the chamber’s flagship programs: •Impact AZ: The state’s largest Black business accelerator, focused on training for high-value contracts and procurement •Capital Connect: A direct pipeline to banking, grants and investment for new and existing businesses •Justice Impacted Entrepreneurs: Year-round mentorship and support for returning citizens •Youth Career & Leadership Summit: Career, entrepreneurship and leadership training for young people The full impact report is available through the Black Chamber of Arizona’s website. Staff Reports The vision of the Arizona Digital Free Press is simple: To forge a digital-only, sustainable news organization focused on expert reporting at City Hall, enterprise coverage of the business community — and help promote efforts trying to make the world a better place through Real Property & Homes. Show All Posts Published On:October 28, 2025 Category Sponsor Newsletter Sign Up Diversified Partners closes on Scottsdale waterfront property for mixed-use redevelopment Girls Rule Foundation names 2026 Girls Change the World scholarship recipients Scottsdale names Cassie Johnson interim general manager of WestWorld