By: Alesia Bani
In October The Plug attended the Black and Brown Founders Chroma Conference in Philadelphia. The theme of the 2022 event: money. Founders, aspiring entrepreneurs and other players that are a part of Philly’s innovation economy gathered at the Science Center to discuss ways the Black community can build sustainable, generational wealth.
The keynote speaker, Pamela Jolly, a wealth strategist, founder and fourth-generation Philadelphian, shared a piece of insight that has stuck with us:
“An earner creates wealth for others while sustaining themselves while an owner is a wealth builder for themself while creating wealth for others.”
These are just a handful of the many Black founders in Philadelphia who are building businesses to support their community and as Jolly put it, building a legacy:
Muhammad Abdul-Hadi, the founder of Down North Pizza, solely employs formerly incarcerated individuals to his restaurant in North Philly. Abdul-Hadi is building a youth tech center in his community.
William Toms, the co-founder of creative incubator and agency REC Philly, is opening another hub in Miami early next year.
Alesia Bani is a writer and journalist from Philadelphia and The Plug’s Innovation Reporter covering the Black tech ecosystem in Philadelphia. She previously worked for the Institutional Diversity office at her alma mater Temple University and has a background in reporting on identity, DEI and local government.