If just 2 cents of every dollar earned by U.S. corporations was reinvested in Black communities, the racial wealth gap would close at a pace and scale never before seen in this country. Referred to as “The 2% Solution,” this premise, championed by Vista Equity Partners founder Robert Smith is bold, yet simple. He proposes […]
Article by By David Baboolall, Kelemwork Cook, Nick Noel, Shelley Stewart, and Nina Yancy from McKinsley.com Black business owners have been disproportionately affected by the pandemic-linked economic downturn, partly because they were more likely to already be in a precarious position, including more likely to be located in communities with business environments that are more
Building supportive ecosystems for Black-owned US businesses Read More »
Since we published the first edition of this report in 2018, there has been a widespread increase in the general public’s awareness about structural racism and the many ways people of color have been systematically denied access to social and economic opportunity since the earliest days of European arrival to what is now the United
Investing to Advance Racial Equity: Second Edition Read More »
This article is by Dion Rabouin, Andrew Witherspoon written for Axios The 100 largest U.S. companies have so far committed $1.63 billion to organizations fighting racism and inequality, according to company announcements and an Axios analysis. What’s happening: Since protests began over the death of George Floyd at the hands of Minneapolis police officers, companies have released
Fortune 100 companies commit $1.6 billion to fight inequality Read More »
