The Black Economic Council of Massachusetts (BECMA) is a member-based nonprofit organization that builds Black wealth across Massachusetts by supporting and empowering Black-owned businesses and removing barriers to opportunity and prosperity for the Black community.
We advocate for policies and practices at the local and state level to grow a vibrant Black economy.
Bolster the ecosystem needed for buyers and sellers to effectively engage in the sale of goods and services
Drive support for the purchase and retention of homes, and strengthen owners’ equity stakes in their enterprises
Provide founders with the capital and services needed to launch and scale their ventures.
The Black Economic Council of Massachusetts (BECMA) drives economic equity and prosperity for Massachusetts to achieve inclusive growth through advocacy, programming, and strategic partnerships that enable Black-owned businesses and Black communities to thrive.
The organization was born out of the singular desire to solve a growing crisis. A group of committed community leaders organized a mass meeting after the Federal Reserve Bank of Boston released “The Color of Wealth in Boston” report, which detailed the yawning racial wealth divide. That meeting, which took place at the Prince Hall Grand Lodge in Dorchester, rallied more thanplinko 700 Black Boston residents, all with a focus on solutions to the emergency that the report made plain. It was at this meeting and others that BECMA was born.
