The Growth Collective³’s vision is to provide access to resources and capital that will elevate communities of color, and generate wealth for neighborhoods victimized by systemic racism.
The Growth Collective³ Commitment.
#1
Projects will have quantifiable social and/or economic benefits to long-term community residents.
#2
Projects will increase the value of the community’s assets and access to wealth.
#3
The Growth Collective³ will prioritize land banking in marginalized communities for projects that adhere to the guiding principles.
#4
Members of The Growth Collective³ share information collaboratively and partner to advance our mission.
#5
Members negotiate Community Benefits Agreements whenever possible, to respect the residents and organizations in the impacted community.
The Growth Collective³’s Capacities.
Cultural competence to understand the local market.
Knowledge of social, economic & environmental issues affecting communities
Understanding of capital markets
Extensive experience in community development
Ability to build a supportive ecosystem for Black led businesses
Create networking events and convenings for members, stakeholders, and investors
Provide back-office, human capital outsourcing, office space, and other capacity building business support to member developers
Assist with originating debt & equity investments, placement of capital, and procurement of grant funding
Empathy to support impact focused small businesses on their journey.
Knowledge of the hurdles that come with growing an enterprise
Willingness to meet business owners where they are
Ability to focus on the bigger picture
Familiarity with the the ecosystem of supportive services