CAAB was founded in 2006, under the leadership of Eddie G. Davis to address the business support gap among African-American-owned small business. CAAB is the only capacity building and community business support organization in the St. Louis region, specifically targeting disadvantaged African-American entrepreneurs. Until recently, it was the economic development arm of the St. Louis Black Leadership Roundtable (BLR).
CAAB serves as a clearinghouse for community resources and support tor its clients. Its target clients are businesses that are 51% owned, managed, and or controlled by African Americans. CAAB also coordinates interaction between African American businesses and other business support organizations like the 100 Black Men of Metropolitan St. Louis, Grace Hill, Justine Petersen, St. Louis Minority Business Council, St. Louis County Economic Development Council, St. Louis Economic Development Corporation, Small Business Development Center and Small Business Administration, etc. CAAB’s holistic approach is unique and designed to add tremendous value by eliminating fragmentation among business support programs in the region. It is governed by a Board of Directors who are highly accomplished professionals in the business field.
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