We have a once in a generation opportunity to
REIMAGINE SYSTEMIC SOLUTIONS
to economic inequities… but it’s going to require intentional place-based strategies and investment
EL PASO, TX
THE CHALLENGE
To address the persistent systemic inequities within our country and to help accelerate the recovery of our economy, we need bold, imaginative, and systemic solutions that can be scaled.
RURAL ALABAMA
SAN BERNARDINO, CA
Fortunately, there are an emerging number of organizations and initiatives that are reimagining how cities and regions can tackle issues such as building smarter workforce and talent development pipelines, fostering stronger equitable entrepreneurial ecosystems, and revitalizing commercial corridors and communities that increase opportunities for local ownership.
While still very nascent, these solutions hold real impact potential. To realize this potential, we need a corresponding commitment of catalytic private and public capital to invest in these solutions, evaluate and codify their approach, bring them to scale, and sustain their impact through follow-on private and public investment and policy change.
OUR THEORY OF CHANGE
NEEDS
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Persistent racial / regional economic and inequities exacerbated by Covid
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Emerging systemic solution without adequate capital to sustain/scale
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Lack of coordination of investment efforts
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Limited leverage of philanthropy by public funding and private investment
STRATEGIES
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Develop systems and change philanthropic and impact investment opportunities
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Deploy capital and measure ROI
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Create opportunities for shared learning/collaboration
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Leverage investments with public funding/private capital
OUTPUTS
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Increased catalytic investments into high impact systemic solutions
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Compelling data in stories demonstrating impact
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Increased collaboration/shared learning/knowledge sharing among funders
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Increased follow on funding through public money and private investment
OUTCOMES
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Positive economic and community returns
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Accelerated recovery and resilience within cities and regions addressing persistent economic inequities
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Strengthened connections to wealth building opportunities among families of color
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Long-term generational wealth transfer