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Inside JET

Chatting With: William Michael Cunningham

By// John Taylor

It’s no secret that the jobless rate in America has reached historic heights. What tends to be underplayed is the number of Blacks in the unemployment line. That stands at 13 percent for African-Americans, compared to 7.6 percent for the rest of the nation. Washington, DC-based entrepreneur William Michael Cunningham hopes to slash that figure with blackcrowdfunding.net. Launched in April, the hub is our community’s answer to Kickstarter, a social media platform where just about anyone can raise capital for indie projects, including films, books or clothing lines.

“The Civil Rights Movement was crowdfunded,” the 56-year-old asserts. “The Underground Railroad was too. We’ve shown that we can use that strategy.”

Cunningham predicts his social media platform could breathe new life into businesses of color.

“The site will spur people to create projects, companies and, over time, result in a decline in the number of unemployed African-Americans.”

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