On May 19, when USBE and IT spoke to radio and TV host Tavis Smiley, more than 250,000 copies of The Covenant with Black America, the New York Times non-fiction paperback bestseller, had been sold...In his 19-year career, Smiley's relentless pursuit of ventures in broadcast and print media, lectures, symposiums, and the Internet have turned him into a household name. What are the secrets of his success, and where does his ambition come from?

Latest data from the U.S. Census Bureau reveals both the progress and challenges Blacks and other minorities are making in their quest to join the ranks of America's successful independent business owners. Much of the news is encouraging, but we see signs of challenges ahead in the fine print.

Slowly, cautiously, minority-owned and minority-focused firms are emerging that are willing to take a chance on Black entrepreneurs. One such firm is Baltimore, Md.,-based venture capital fund MMG Ventures, L.P., managed by Meridian Management Group, Inc., a Black-owned firm. The fund focuses on companies in telecommunications, information technology, radio and cable TV communications, and emerging technologies such as wi-fi.

The editors of US Black Engineer and Information Technology magazine have released the prestigious 50 Most Important Blacks in Technology list for 2005.

Black entrepreneurs have proved their mettle in the whole world. The educated, groomed and courageous black entrepreneurs has set up a noble aim of serving their community and the entire world.