This article in the Nonprofit Quarterly speaks on a new initiative to address racial economic inequalities called the Community Navigator Pilot Program, which links different cities’ business support systems to each other to improve service to BIPOC-owned and veteran-owned businesses. The initiative, which has $100 million to fund grants to different cities, essentially functions “to create an ombudsman-type function that enables BIPOC businesses to better navigate small business support services for access to capital, markets, and technical assistance,” the article reads. This concept of connecting business support systems aims to create regional hubs that bolster healthy economic ecosystems by improving the efficiency of providing resources and services to BIPOC business owners at every stage of the “business lifecycle.” You can read more about the Community Navigator program in the full article linked above.
The third annual Connecting Entrepreneurial Communities (CEC) conference (both online and in-person) is happening September 9th & 10th in Staples, MN. It’s an opportunity to connect with entrepreneurs, business leaders, economic development professionals, and community leaders. You can find the full agenda here. To read more about the conference and to register, click here. Registration must be completed by Friday, August 27.
On August 24th from 1-2 p.m., The Children’s Defense Fund Minnesota, Minnesota Budget Project, Legal Services Advocacy Project and Wilder Foundation will host a webinar centered on “tax credits for lower-income Americans in the budget resolution and reconciliation process happening now in Washington DC, with a special focus on the Child Tax Credit and Earned Income Tax Credit,” the event description says. National experts from the Children’s Defense Fund and the Center for Budget and Policy Priorities will discuss key topics within the recently passed tax resolution. Read more about the event and register here.
“Through more intentional coordination and collaboration, entrepreneurs stand a much better chance of receiving the support they need when they need it—regardless of business size or stage. Not only will individual business support ecosystems become stronger, but each city or jurisdiction in the program becomes part of a larger network that can work collaboratively to share, collect, and disseminate information and successes. And, for the first time ever, the federal government will be able to closely track on-the-ground impact to build the case for further investment.” — “A New Path to Boost BIPOC Business: The Community Navigator Approach” in the Nonprofit Quarterly