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Building economic empowerment and breaking wealth gaps through blacquisition
No frills, no fluff
A marketplace geared towards black people who want to buy, sell, acquire, and merge business

About Blacquisiton
Serves as a dynamic platform that bridges the gap between Black business owners, resources, and opportunities for growth and expansion. By providing a comprehensive directory of businesses owned by members of the Black community, Blacquisition not only celebrates and promotes Black entrepreneurship but also facilitates connections between business owners, investors, and business-minded individuals seeking collaboration or support.
Moreover, Blacquisition goes beyond just showcasing existing businesses; it also acts as a marketplace for buying and selling businesses within the Black community. Whether you're an aspiring entrepreneur looking to acquire a business or a current business owner seeking to sell your venture, Blacquisition offers a streamlined process for connecting buyers and sellers, fostering economic empowerment and growth within the Black business ecosystem.
​Through its robust network and resources, Blacquisition empowers Black entrepreneurs to access the support, mentorship, and opportunities they need to thrive in the competitive business landscape. It's more than just a platform; it's a catalyst for driving economic prosperity and fostering a vibrant community of Black-owned businesses.
Recognized in 2017 by the state of Alaska for her achievements as a community leader and entrepreneur, Jasmin Smith has her sights set on investing in the next generation of community and business leaders.
Smith, who launched her own small business, Baby Vend, in 2016, has coached more than 650 entrepreneurs in owning and operating their own businesses across the nation. In 2020, she helped launch the new Alaska Black Business Directory, where people can search for Black-owned businesses across Alaska from shops to restaurants.
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Smith, 37, also co-founded in 2020 the Umoja Coworking and Incubators, a business services space focused on cultural empowerment and what role that plays in business development. She also wants to bolster the work of underrepresented entrepreneurs and communities as a whole.
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Part of this co-working space was the Umoja Cultural School, an initiative hosting spring break and summer youth programs and other culture- and community-driven, educational after-school programs. At the end of last year, she established the “Ujamaa fund,” setting aside monies to help Black entrepreneurs in Alaska.
“I am very [passionate] about all things involving economic empowerment,” Smith said in an interview with telecommunications company GCI’s small business blog. “I am very passionate about civil rights, about culture and my people and the next generation standing up and becoming leaders.”
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That passion led her to start up Baby Vend, a network of vending machines stocked with baby supplies. Running out of diapers while shopping with infant twins sparked her business idea to create a way for parents to access baby supplies and products when they need them most. Since its launch, she now has vending machines in Ted Stevens International Airport, Dimond Center, Anchorage Museum and other retail-based businesses across the country.
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As a lifelong Alaskan, it was just as critical to focus her work in her home neighborhood of Mountain View — once dubbed the most diverse place in America, according to Census data. In her neighborhood, Smith has served as vice president of the Mountain View Community Council, third vice president of the Anchorage NAACP Chapter, and president of the Alaska Black Chamber of Commerce. — Monée Fields-White

Jasmin Smith
award-winning business owner
thegrio Hero nominee 2023, Alaska top 40 under 40 2017
About Jasmine
Glossary
Buy - I would like to buy an existing black owned business or domain and would like to be connected with business that match my preferences.
Self - I currently own a business or have a great business idea or concept or domain that I would like to sell.
Acquire - I have a company that I want taken over by a larger company so that my company will no longer exist, and my assets will become part of the larger company.
Merge - I would like my company to merge with another company and together we create a new company.
Funding - I am seeking funding for my business or I am a funder seeking companies to work with.
Training or Consulting - I would like to attend a training or work with someone to help me get ready to sell or purchase a business.