Nov 16, 2023
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Local governments invest in economic development because a thriving business community supports the local economy by building wealth for owners and creating jobs for non-owners. The problem has been that all residents are not contributing to their local economy, as business owners or employees, despite the investments made in economic development. Research shows that across the US, overall business ownership, ownership of employer establishments (companies that have employees) and ownership of businesses that have scaled is disproportionate by race and gender.
Economic development groups need better strategies to serve micro/small, women and People of Color-led businesses if they are to ensure all residents can participate in the economy equitably. This webinar will help economic developers better understand how to use DEI data and segmentation to drive equitable development in their communities.
Co-founder and CEO
The Equity Brain Trust
Assistant Managing Director, Business & Neighborhood Development
Baltimore Development Corporation
Director of Community and Experiences
MAG Partners LP
Director of Real Estate
Harbor Bank of Maryland Community Development Corporation