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In honor of August being Black Business month, these are the Top 5 black-owned businesses and non-profits that help support minorities and low-income youths around the country. 


Serena Ventures


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On top of being a mother and one of the best player's in history, Serena Williams launched Serena Ventures in 2014 with the hopes of providing investment opportunities to diverse and creative startups founded by women and people of color. Today, Serena’s business has supported over 30 companies that range from software engineering team building to feminine care product brands. Serena Ventures is always looking for new creative founders who are changing the world through their products and ideas, making this firm one of the most multifaceted black-owned businesses in the nation.


New York Junior Tennis & Learning

The New York Junior Tennis and Learning (NYJTL) program was founded with the help of Arthur Ashe. With a mission to develop young people’s character through education and tennis, NYJTL has helped serve and provide 85,000 New York juniors with a lifetime of success on and off the court, making it the largest non-profit program that focuses on youth tennis and education in the nation. In addition to its rich history, NYJTL is hosting the NYJTL Bronx Open—a WTA international tournament—for the first time this year. The tournament will run August 16 through August 24 and tickets will be free to the public with a suggested $10 donation for general admission access.


Philadelphia Tennis Club

The Philadelphia Tennis Club (PTC) was founded in 1959 and is the oldest privately owned black tennis club in the nation. The clubhouse encourages people of all ages in the community to play tennis and maintains its quest for grassroots tennis participation.


Washington Tennis and Education Foundation


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Located in Washington D.C., the Washington Tennis and Education Foundation (WTEF) is a non-profit tennis and academic excellence program. The objective is to provide a safe and trustworthy environment for underprivileged youth to excel. Through the encouragement of its leaders, WTEF allows for the highest level of achievement and potential to be reached by everyone involved.


Venom Foundation

The non-profit organization is located in the Leon and Gadsden counties of Florida. Venom Foundation has aided low-income children by mentoring, assisting and providing outdoor sporting recreational activities since 2011. The program also offers health and nutritional workshops that help educate the community about their physical wellbeing.