Economic development starts with intentional support. 🌿 The 3rd Black Funding Principle calls for a significant increase in capital from philanthropy, social investment, venture capital, and other funds to uplift Black small-to-medium-sized businesses and start-ups. As a donor looking to maximize impact, partnering with a philanthropic advisor can help us embrace this principle and drive economic security in Black communities. 🚀 How can we put this principle into action? Let's actively seek out and invest in Black-owned enterprises and start-ups. By channeling capital towards these businesses, we not only foster economic resilience but also create a foundation for sustained growth. This is a tangible way to bridge the equity gap and support Black entrepreneurs to thrive. 🌍 The call for increased capital aligns with the mission to reshape funding dynamics for lasting impact. We can turn this principle into practice, contributing to the economic security and prosperity of Black communities together. #CommunityDriven #BlackPhilanthropy #TransformativeChange
Thank you for highlighting the importance of intentional support in economic development. Your call to action is inspiring and necessary. By investing in Black-owned businesses, we can drive meaningful change and foster economic resilience. Let's work together to create a more equitable future for all communities.
#opportunityeconomy
Retired at Burnaby Hospital Foundation
5moIt is so touching to see how all the turtles rush in to help the overturned one. They provide a firm foundation for him to be able to gain some traction in order to flip right-side up. I love it ! 😍