The Movement

Black Business Legacy Foundation: Igniting wealth, leadership, and opportunity. Together,
we build a legacy that transcends generations.

Purpose

The Black Business Legacy Foundation, a non-profit organization, exists with a profound mission: to drive significant advancements in global Black entrepreneurial growth, leadership, and financial intelligence. Its ultimate goal is to empower communities and bridge the racial wealth gap. Through the foundation's tireless efforts, individuals will gain access to invaluable education, transformative training, and invaluable blueprints to reset new economic expectations. By igniting a collective passion for community upliftment and fostering the creation of intergenerational wealth, Black Business Legacy Foundation will ignite a flame of inspiration that resonates across generations.

Mission

Black Business Legacy Foundation passionately pursues a transformative mission: to elevate Black entrepreneurial development, foster exceptional leadership, and ignite financial intelligence to close the wealth gap. Through the power of education, training, and mentorship, we aim to empower communities, igniting a new expectation that leads to the creation of intergenerational wealth. Together, we can unleash the potential within individuals and communities to build a legacy that transcends generations, paving the way for a future filled with infinite possibilities.

An Open Letter from Dr. George C. Fraser

Founder & CEO, Black Business Legacy Foundation

(editorial, historical overview, and why these specific projects – impact, goal, expectations)

“One’s contributions can be measured by what they’ve done in a lifetime, but most importantly, the blueprint they’ve created to continue the legacy.” – Dr. George C. Fraser

My rallying cry for Black people is to Learn, Earn, and Return, understand the power they yield, adopt a communal mindset, and establish new expectations to produce sustainable intergenerational wealth. When I reflect on the books I’ve written, children's lives impacted via the schools I created, conferences attended/held, and hundreds of speaking engagements, they were all building blocks for the monumental event – The BBLHOFMM & TGCBEL.

The BBLHOFM M & TGCBEL will be a historical paradigm shift that will be a blueprint for international wealth and represents my lifetime body of work. It will feature the global achievements of Black entrepreneurs by recognizing their impact on the global society and economy to inspire, empower, celebrate, and 10x Black entrepreneurship over the next two generations. This will set a bold direction of economic empowerment, redefine inclusive capitalism, close the wealth gap, and build generations of Black entrepreneurs.

As I committed my life's work to being an entrepreneur, my ardent desire is that lives were changed and a new path has been paved to elevate “Black Economics” as the new Black Power. The expectation is that we embrace the opportunity and seize the moment!

The Why (Discover)

Why do we need this institution?

Black people have an extraordinary history of entrepreneurship that spans centuries, from the ancient Kingdom of Kush to the remarkable reign of Mansa Musa and the Mali Empire. Yet, this history and our invaluable contributions to America's global economic rise and the foundation of capitalism have gone untold, unrevealed, and uncelebrated.

Now is the moment to reshape the narrative, shifting our focus from freedom to empowerment. For 250 years, we fought tirelessly for freedom, and for the past century, we battled against the oppressive forces of Jim Crow, striving for "Freedom, Justice, Equity, and Inclusion."

As we envision the next 100 years, we must embrace a new mission centered on economics—a mission to bridge the immense wealth gap between Black and white communities and dismantle the entrenched barriers of "economic apartheid."

Together, let us embark on this transformative journey. Let us draw inspiration from our rich legacy and unleash our collective potential. By reclaiming our economic power, we will not only overcome the challenges we face but also pave the way for a future of prosperity and boundless opportunities. The time for change is now, and we are the architects of our own destiny.

Universal Change & Economic Reality

7 Black U.S Billionaires
1% of 720
15 Black Billionaires
0.06% of 2755
1.75M Black U.S Millionaires
8% of 21.9M

“IF NOTHING CHANGES AMONG AFRICAN AMERICANS, IT WILL TAKE THEM 228 YEARS IF EVER, TO CLOSE THE WEALTH GAP. “
*Institute of Policy Studies, April 2016*

Project Overview

The Black Business Legacy Hall of Fame Museum and Metaverse (BBLHOFMM) is an awe-inspiring high-tech museum that transports visitors on a transformative journey through history with its immersive and interactive exhibits. BBLHOFMM will serve as the initial digital incarnation, to be later replicated in a physical brick-and-mortar museum. Spanning an impressive 200,000 square feet, this visionary space seamlessly blends the past and present, enabling visitors to engage with AI, holograms, holoportation, mixed reality, and other cutting-edge platforms. At the heart of this groundbreaking project lies The Global Leadership Center (TGCBEL), a dynamic hub created to propel entrepreneurship and foster economic equality. Within this transformative space, aspiring entrepreneurs will find an incubator and accelerator, offering them the crucial resources, capital, and collaborative environment necessary to launch or expand sustainable businesses. With the support of Microsoft's state-of-the-art technology, BBLHOFMM, TGCBEL will elevate the digital experience to new heights. By showcasing the global achievements of Black entrepreneurs and acknowledging their profound impact on society and the economy, this endeavor aims to empower, celebrate, and preserve Black entrepreneurship. Through this visionary initiative, we are forging a bold path of economic empowerment, redefining inclusive capitalism, bridging the wealth gap, and paving the way for generations of Black entrepreneurs to thrive and shape a brighter future.

Our Vision

To be the global center that recognizes, incubates, and accelerates Black Entrepreneurship in order to close the wealth gap by promoting “Economics as the NEW Black Power”

Our Mission

Provide a transformative learning experience for Black Entrepreneurs to develop an economic mindset and build sustainable wealth.

 
 
sea of Change is occurring across the globe to atone for the economic inequalities steeped in the long history of Black economic apartheid. The BBLHOF M & M will create a new legacy and a comprehensive blueprint by collectively setting a new trajectory of “Economics as the new Black power.” The BBLHOF M & M will consist of four significant components to generate a high velocity of engagement and outcomes, yielding a new pathway and eco-system of Black entrepreneurs and businesses. All four parts will harness high-tech and fulfill the mantra of Learn, Earn, and Return. The phased approach of the project segments is as follows:
The metaverse will be an immersive hub and spoke model adopted nationally and internationally. It will be the epiccenter of transformation to endoctrinate mines, set-new expectations, and leverage groundbreaking technology birthing an experience that will redefine how a-museum can be re-imagined. Hosted in the metaverse will be the BBLHOFM and programmatic vertical of the project. The innovative technology experience will enable patrons to join real-time lectures, conferences, gain access to entrepreneur tools, access capital as well as engage live serial entrepreneurs.
The Tech Tour is a collaboration between Microsoft, Engaged Media Studios and the BBLHOF M & M which consists of a sixteen city tour (10 US cities & 6 International cities) designed to engage Black entreprenuers & business relative to new and existing technology as well as identify new Microsoft partnership opportunities. This hyper-focused, in-market initiative will engage, elevate and foster revenue generating opportunities between Black businesses, thus resulting in further advancement of social and economic equity.
The Immersive BBLHOFM Exhibition will be a dynamic captivating digital art exhibit which merges state-of-the art technology, theatrical storytelling and world class animation. The exhibit will be on tour around the world to prime the market for what will be forth coming in the museum’s brick and mortar. This self-sustaining exhibit will be a major revenue stream to ensure the sustainability of the project in perpetuity.
The BBLHOFM & The Global Center for Black Entrepreneurial Leadership (TGCBEL) is a 200,000-squarefoot, iconic building that will reside on six acres of land in Atlanta, Georgia. The TGCBEL is the programmatic hub and spoke entrepreneurial institute that will educate and foster Black entrepreneurs and business growth. Technology will be a significant point of differentiation the use of AI, holograms, holoportation, mixed reality and virtual reality, and simulated incubation pods will create a memorable and immersive end-user experience.

BLACK BUSINESS LEGACY HALL OF FAME

METAVERSE EXPERIENCE

The Immersive Black Business Legacy Hall of Fame Museum and Metaverse is a groundbreaking project that combines history, technology, and education to celebrate the achievements of Black entrepreneurs and inspire future generations.

ENTREPRENEURSHIP

“A LEGACY OF BLACK ENTREPRENEURSHIP WILL BE THE PARADIGM SHIFT TO HELP CLOSE THE RACIAL WEALTH GAP AND BUILD A COMMUNITY OF ENTREPRENEURS ACROSS THE BLACK DIASPORA.”

The Black Business Legacy Hall of Fame Museum, Metaverse (BBLHOFM) transformative hightech museum will redefine entrepreneurship through its immersive use of technology. The goal is to create a unique, interactive, engaging journey through hundreds of years of Black business and reveal its untold history. This new narrative will catalyze a new birth of entrepreneurs who will exude a renewed determination to be at the forefront of closing the wealth gap.

The technology used in the BBLHOFM & M will be the major point of differentiation by adopting a hub and spoke model that can be readily replicated. This model can recalibrate and refine existing en trepreneur centers to unity with one common cause-closing the wealth gap. Technology will be the platform in which narratives will yield a consistent ecosystem of black entrepreneurs understanding the opportunity and executing their vision with purpose and precision.

The Global Leadership Center (TGCBEL) will be a dynamic hub designed to propel entrepreneurship and foster global economic equality. It will work alongside new and existing global entrepreneurial centers to not only align our missions but curriculums as well. This new blueprint will be the catalyst to birth and sustain Black entrepreneurship across the globe. It will become the transformative hub that will provide entrepreneurs with the resources, capital, and collaborative environments required to inspire, train, start, grow, and scale sustainable Black businesses worldwide. The BBLHOFM & M, TGCBEL. BBLHOFM & M, & TGCBEL will leverage innovative technology to feature the global achievements of Black entrepreneurs by recognizing their impact on the global society and economy to inspire, empower, celebrate, and 10x Black entrepreneurship over the next two generations. This will set a bold direction of economic empowerment, redefine inclusive capitalism, close the wealth gap, and build generations of Black entrepreneurs.

The BBLHOF M & M will showcase the vast tapestry of Black entrepreneurship and the global business of the Black diaspora. According to the 2022 US Census Report, currently, in the U.S., there are 3.24 million Black-owned businesses with annual receipts amounting to $210 billion. Yet only 13% find their place in professional, scientific, or technical services within the broader tech sector.

We will harness technology’s power to reshape lives and ignite a revolution within the Black business ecosystem. The extraordinary stories of Black entrepreneurs and their immeasurable contributions to our society, empowering future generations, will no longer be whispers of what could be but resounding declarations of what will be. In entrepreneurship, it is the power of expectations that will propel us forward and transform dreams into reality. 

The BBLHOF will extend the reach of capital, underscore the dynamic network of enterprising individuals, known as the Global Black Entrepreneurial Diaspora, representing a fusion of diverse cultures, experiences, and expertise that converge to recalibrate, create transformative businesses, inspire change on a global scale and leveling the playing field. By weaving technology into this tapestry, we will unlock the stories of remarkable Black entrepreneurs, empowering future generations to shatter barriers and generate generational wealth. As our vision, plan and exciting global initiative unfolds, the combined efforts of the human spirit of America and the world will redefine how Black historical achievements are experienced. Through leveraging technology, bridging the gap between the past and the present, creating pathways for businesses to grow, fostering a more inclusive future, we will not only close the wealth gap but forge a new pathway to “Economics as the new Black power”.

ANSWERING THE QUESTION....WHY?

If nothing changes among African Americans it will take them 228-years if ever, to close the wealth gap.” -Institute of Policy Studies, April 2016
Igniting wealth, leadership, and opportunity. Together, we build a legacy that transcends generations!
lacks and African Americans in the United States have a history of entrepreneurship dating back to 1619. That history and our contribution to America’s global economic rise and capitalism has never been told, revealed, or celebrated despite the fact there are 110 Black History Museums in America alone. That same fact is also true within the African diaspora despite 100 years of colonialism and large deposits of the most important minerals on earth. The time has come, and the world is ready for us to tell that powerful and inspiring story!
Introducing the establishment of The Black Business Legacy Hall of Fame, um & Metaverse (BBLHOFM & M) and The Global Center for Black Entrepreneurial Leadership, will represent a paradigm shift for Black people around the world. For 250 years we focused on our fight for freedom, then spent another 100 years fighting Jim Crow, eventually gaining a modest degree of economic parity. We have celebrated, memorialized, and continue to sustain the important mantras” driven by these critical victories: “Freedom, Justice, Equity and Inclusion”. Now we must spend the next 100 years focused on economics to mitigate the enormous Black and white wealth gap and “economic apartheid”. We must add to our short lists of historical mantras: “Economics is the new Black Power”.

OUR PILLARS OF SUCCESS

CELEBRATE

Recognize, celebrate, and promote Black achievements in business and related professions.

OWNERSHIP

Increase the number of Blacks in higher level-business through entrepreneurship and ownership.

EDUCATE

Provide essential educational tools, apprenticeship, and platforms the next generation of Black Business owners.

COMMUNITY

Create and facilitate ecosystems that provide access to networks and connections that are essential to the successful launch of new entrepreneurial ventures.

OUR VISION

To be the global center that recognizes, incubates, and accelerates Black Entrepreneurship in order to close the wealth gap by promoting “Economics as the NEW Black Power”.

OUR MISSION

Provide a transformative learning experience for Black Entrepreneurs to develop an economic mindset and build sustainable wealth.

THE PROJECT OVERVIEW

The Black Business Legacy Hall of Fame Museum and Metaverse (BBLHOFMM) is an awe-inspiring high-tech museum that transports visitors on a transformative journey through history with its immersive and interactive exhibits. BBLHOFMM will serve as the initial digital incarnation, to be later replicated in a physical brick-and-mortar museum. Spanning an impressive 200,000 square feet, this visionary space seamlessly blends the past and present, enabling visitors to engage with AI, holograms, holoportation, mixed reality, and other cutting-edge platforms. At the heart of this groundbreaking project lies The Global Leadership Center (TGCBEL), a dynamic hub created to propel entrepreneurship and foster economic equality. Within this transformative space, aspiring entrepreneurs will find an incubator and accelerator, offering them the crucial resources, capital, and collaborative environment necessary to launch or expand sustainable businesses. With the support of Microsoft’s state-of-the-art technology, BBLHOFMM, TGCBEL will elevate the digital experience to new heights. By showcasing the global achievements of Black entrepreneurs and acknowledging their profound impact on society and the economy, this endeavor aims to empower, celebrate, and preserve Black entrepreneurship. Through this visionary initiative, we are forging a bold path of economic empowerment, redefining inclusive capitalism, bridging the wealth gap, and paving the way for generations of Black entrepreneurs to thrive and shape a brighter future.

The BBLHOF Metaverse will be a cutting-edge platform of interactive experience hub for commemorating the achievements
of Black business leaders and fostering entrepreneurial growth within the Black community. The platform will consist of interconnected virtual spaces, exhibits, and tools, allowing visitors to explore, engage, and
collaborate.

THE EXPERIENCE: An immersive and visually captivating platform that replicates the museum’s physical environment and offers an enhance digital experience.

INTERCONNECTED: Building an
interconnected combination of the physical museum with a Metaverse digital world will ensure a multi-dimensional, engaging and transformational experience for visitors.

STORYTELLING: Curated
exhibits, interactive displays, and
virtual reality will bring historical
and contemporary stories to life,
providing a holistic view of Black
business legacies.

The BBLHOF Metaverse will be a cutting-edge platform of interactive experience hub for commemorating the  achievements of Black business leaders and fostering entrepreneurial growth within the Black community. The platform will consist of interconnected virtual spaces, exhibits,
and tools, allowing visitors
to explore, engage, and
collaborate.

ACCOMPLISHMENTS: Showcase the history, accomplishments, and cultural impact of Black business leaders through curated exhibits, storytelling, and multimedia immersive experiences.

EDUCATION: The Metaverse
experience will offer educational
programs, workshops, and resources to inspire and support aspiring
entrepreneurs, particularly from
underserved communities.

COMMUNITY: Regular events,
seminars, and networking opportunities will foster a sense of community and collaboration among visitors and participants.

Black Business Legacy Hall of Fame Museum & Metaverse Leadership Team

Dr Georg C. Fraser
Founder & CEO
Randi Norfleet
Cheif Executive Officer
Jacqueline Shorter-Beauchamp
Founder & CEO

Black Business Legacy Hall of Fame
Museum & Metaverse

“Together we build a legacy that transcends generations.”
For More Information Contact
randin@blackbusinesslegacyfoundation.org