Community and educational institutions: Black investors that are accredited per the Securities and Exchange Commission can learn to invest in venture funds, startup companies, and accelerators. What we have outlined would be the most ambitious investment in Black wealth in modern American history.
These investments will create permanent new jobs while recapturing centuries of lost wealth due to economic exclusion, all while continuing to inspire future generations of Americans. Federal action is the clearest path to this scale, but local recovery planning efforts need not wait. Report Produced by Brookings Metro. Overview Systemic inequities in America have created a history of wealth inequality, disproportionately exposed certain communities to the COVID pandemic, and established conditions leading to racial violence and social unrest.
John Haltiwanger and others, "High growth young firms: contribution to job, output, and productivity growth," in Measuring entrepreneurial businesses: current knowledge and challenges , ed. Economy U. Metro Areas Workforce Development. The Avenue The success of federal climate funding depends on local leadership Joseph W.
Get city and regional policy updates from Brookings. Post was not sent - check your email addresses! Sorry, your blog cannot share posts by email. Train and place , new skilled tech workers per year over 10 years, equaling 1 million new tech workers. Train and position 10, minority-led high-growth startups for the future of work per year for 10 years.
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