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Full-Text Articles in Business
Measuring The Effectiveness Of Equitable Economic Development Strategies, Amy Minzner
Measuring The Effectiveness Of Equitable Economic Development Strategies, Amy Minzner
The Foundation Review
There is anecdotal evidence that equitable economic development activities can foster inclusive growth and unlock the full potential of local economies by dismantling barriers and expanding opportunities for low-income people and communities of color. These strategies are being used with increasing frequency, and advocates and funders are pressing for their use throughout the country. Because of this, there is a need to better understand the link between equitable economic development activities and their ability to foster equitable opportunities and resulting impacts.
Establishing this link will require a new measurement strategy because traditional measures of economic development effectiveness focus on communitywide …
Regional Inclusive Growth Through Systems Philanthropy In Essex County, Massachusetts, Lisa Payne Simon, Stratton Lloyd, Beth Francis
Regional Inclusive Growth Through Systems Philanthropy In Essex County, Massachusetts, Lisa Payne Simon, Stratton Lloyd, Beth Francis
The Foundation Review
In 2016, the Essex County Community Foundation forged a cross-sector coalition of business, community, and civic leaders to identify the Massachusetts region’s greatest challenges and to develop a strategy for action. Income inequality was identified as the county’s most pressing issue, and the foundation and its partners launched a systems philanthropy strategy to address that issue and stimulate inclusive growth.
The strategy involves a multipronged approach aimed at amplifying the county’s strengths, launching inclusive-growth initiatives, expanding workforce training and skill development to increase a broad target population’s earning potential and net worth, incentivizing and supporting small-business resiliency and growth, and …