ResilNC

We're excited to share the final report from our research collaboration with Carolina Small Business Development Fund (CSBDF), "Extraordinary Times Call for Extraordinary Measures: Small Business Assistance During the Pandemic." This report compares grant and loan programs deployed across the state by CSBDF to get a clear understanding of the early impact of that aid, particularly for Black-owned businesses and those owned by women or other People of Color. Thank you very much to Jamie McCall and his team for their great work and partnership. We are appreciative of the opportunity to build on ResilNC's previous reports on the impact of the pandemic on Black businesses and to continue centering the needs and experiences of Black entrepreneurs as we move on from the height of COVID and the 2020 racial reckoning. https://lnkd.in/gU2NyN7m Carolina Small Business Development Fund #blackbusiness #blackentrepreneurship #communityinvestment #economicdevelopment #smallbusiness

Proud of our Grantor MacArthur Foundation

Movements are made of people and their connections. They are things of natural beauty. Just like any natural system, it may seem chaotic and uncoordinated, but out of human connection and community emerges the power to shift systems and change the world. This year, I got to experience one such movement - dreaming of a reality where every American household gets a fair shot at participating in the prosperity of this country. We at Gary Community Ventures had the privilege of partnering with the The Aspen Institute Financial Security Program and The Bridgespan Group to assemble 100 of these movement builders. And what emerged is collective magic where individual actions and meaningful relationships unleashed incredible beauty and hope. And we are just getting started.

In September, we partnered with Gary Community Ventures and the The Bridgespan Group to host ASSEMBLE100, a first-of-its-kind summit featuring 100 leading investors, practitioners, policy leaders, and entrepreneurs. Our charge? To advance the field of “ownership investing”—an emerging set of investment strategies and solutions that make asset ownership accessible to low-wealth individuals and communities AND create strong, long-term economic value for investors. Our New Wealth Agenda research has shown that wealth is a necessary prerequisite for financial security. By building wealth, households can do more than meet their basic needs. They can weather financial shocks, pursue further education, purchase a home, or start a small business. With this transformative potential in mind, the gathering identified 3 next steps to grow ownership investing: ?? Create a universal narrative that compellingly articulates the power of ownership investing . ?? Identify which metrics most effectively illustrate the economic and social impacts of ownership investments. ??? Leverage public policy solutions, such as the Community Reinvestment Act to attract more capital to this market. Dig into these recommendations and in the newly released report from the Summit, and join us in helping to finance a future of wealth that is diverse, democratic, inclusive, innovative, and empowering. ?? https://lnkd.in/esyAh-xU Ida Rademacher, Joanna Smith-Ramani, Santhosh Ramdoss, Emily Williams, Devin Murphy, Atharva S., Tracy Hadden Loh, David Bank

Trust President & CEO Andrea Sáenz stopped by the ABC 7 Chicago studios to discuss why we at The Chicago Community Trust are working to address the #wealthgap in the #Chicago region. She noted, "In Chicago, fully two thirds of our population are either Black or Latine. And so, when you think about our city's future and our region's future, and two thirds of our city's population are held back from being able to fully engage in the city's economic life, it really does harm us all." For the full segment: https://lnkd.in/ghzfK2Na To learn more about "Color of Wealth in Chicago," visit: https://lnkd.in/gHnGVtWH

?? We’re going, going… back, back… to Cali, Cali! ???? I guess my skepticism was misplaced because #SOCAP24 called, and “WE’RE IN!” ImpactAlpha +Yuri Vaysgant’s documentary short about my #JourneyInImpact as the cofounder of ACTIVEST Partners in Equity and SRF Impact while also surviving #ALS will premiere at the Yerba Buena Center for the Arts in Downtown San Francisco on October 29th. Check out the trailer, and if you’re heading to #SOCAP, check out the premiere! ???????? to David Bank, Zuleyma Bebell and Kimberlee Cornett for continuing to believe that my story is one worth telling. ?? ????s and ????s to all my Co's who continue to inspire me every day with their passion and commitment to impact! Micah Gilmer Talib Graves-Manns Wilson Lester Dorian Burton Brittany Bennett Weston Ellen Ward Homero Radway Lee Coker Charles Rush Gilberto Cabrera Martin Eakes and Edna Wallace … Love y'all! #impactinvesting #esginvesting #socialentrepreneurship #investing SOCAP Global #impinv #GOODTRBL

Are you a child of an entrepreneur? If so, did you start a business? Whether or not your family owned a business is influential on whether you have one. Check out other findings from our new report: Why don’t more Americans work for Black-owned firms? https://lnkd.in/eidGFfCd #Business #BusinessGrowth

In person event alert: Plan to come to The Brookings Institution on Friday, June 21 at 10:00 AM EDT to hear and see new data on how supporting Black-owned businesses can drive economic development for all groups. Equity is not a dirty word. And supporting good governance (which assumes the equitable distribution of resources) should be a community imperative. Join me, Tynesia Boyea-Robinson, Stacey Bowers, Alphonso David, Erika Seth Davies and Patrice R Green as we discuss the opportunities and strategies to inspire economic growth while addressing systemic barriers. Please register here: https://lnkd.in/eE-QdMHc Share widely!

???????? ????????, ?????????????????? ?????????? ?????????????? ???????????????? ???? ?????????? ????????????????! What happened? The launch of the NC Export Initiative, a public / private partnership that attracted support, remarks, resources, and strategy from Kristi Jones (Chief of Staff, Office of Governor Roy Cooper), Congresswomen Deborah Ross and Valerie Foushee, Senator Thom Tillis, Jordan Whichard (Chief Deputy Secretary, NC Commerce), Cathy Ma (Assistant Director, NC Department of Agriculture & Consumer Services), Pamela Cashwell (Secretary, NC Dept of Administration), Alex Viva (Dir SBTDC), Titianne Donde (Chief of Party, RTI), Tim Gabel (President & CEO, RTI), Mayor Leonardo Williams, Darrell K. Tennie, BS, MBA, MA, Isaac Crawford, Shaquana “Shaq” Teasley - DBS, CCS, MSLR (Agate Solutions), Annette Stevenson CPSD, CPM, Sharonetta McIntyre, Kuldip Wasson, Jonathan Szucs (National DEC), Kevin J. Price (Nat Institute of Min Econ Dev), and Tammie Hall-Roberts, ECMCA (RDU International Airport). North Carolina, the 14th largest exporting state in the US, is more than just an exporting hub with strong rail, airport, and port infrastructure. Our state is unique in how federal and state government agencies and the private sector work hand in hand to boost international trade for both large and small businesses. We did something a bit different awarding Angela Sellars (Dir NC MBDA Business Center) and Greg Sizemore (Dir., US Dept of Commerce - United States Export Assistance Center) with a Collaboration Award highlighting the value of agencies working together to boost trade by driving public / priv partnership. Special shoutout to small business awardees Lisa Bamford, M.Sc. (Sciencix) and Geoff Foster (Core Technology Molding), two North Carolina exporters, exporting to over 300 countries collectively. ????, ???????? ?????? ???? ?????????? ???????????????????? ???????? ???????? ?????? ???????????? ???? ?????? ???? ???????????? ????????????????????? Visibility, Exposure, Collaboration, Networking, and Opportunities to Partner. During the launch, small businesses were provided with crucial insights on identifying opportunities, accessing support resources, and understanding the nuances of developing trade strategies that lead to export readiness and business growth. With 95% of buyers living outside the United States, businesses that engage in international trade tend to hire more, generate more revenue, and exhibit greater resiliency in uncertain markets. ???????????? ???????? ?????? ??????: “We aren’t here to get you to the 1-yard line; we are here to get you in the endzone.” “If I can do it, you can do it.” ?????? ???? ???????????? ???????????????????? ???? ???????? ???????? ???????? ?? ??????????????; ????'?? ?? ???????????????? ?????????????? ???????????? ?????????? ???????????????? ???????????? ??????????????. Dionne McLean, CSDP Emily Gereffi Nimasheena Burns, MPA Rachel Page, MPH Raymond Abiona Corvalen Champion Shirreef Loza