Do you want to speak at SOCAP23? The SOCAP Open Session Submission Period Is LIVE!

Submit Your Ideas Here by April 1!

From being left out to being empowered: The collaborations that are helping Alabama build a modern and inclusive economy

Christen Graham July 13, 2022

There is untapped economic opportunity in Alabama. If Black-owned businesses grew to the same size as white-owned businesses in the state, it would add $2 billion annually to Alabama’s GDP. That kind of economic activity would go a long way toward closing the racial wealth gap and increase economic mobility for our state’s most vulnerable people and places.

A new collaboration is working to grow the ecosystem of Black businesses and, with it, the state economy as a whole. Our formula is to invest in partnerships, technical assistance, education, and direct investments into businesses. From providing resources to HBCUs to using catalytic capital that attracts fellow impact investors, to standing up the first CDFI in the state, this model is focused on getting enterprises ready for investment,  community participation, and continual nurturing of these businesses and their people.


Fireside Chat (3 speakers maximum)

Meta Themes

  • Reimagine Systems

  • Power and Capital


#impactinvesting #Alabama #collaboration #Socent #racialequity #placebased

Purpose and Desired Outcome

The purpose of this session is to demonstrate how to approach potential partners and make creative partnerships that take a multi-faceted approach to unwinding long standing systems and give a model for place-based ecosystems that will inspire other communities seeking change.


  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Corporate & SME

  • Entrepreneurs

  • Artists & Culture-makers

  • Accelerators & Incubators


  • NameMyla Calhoun
  • TitleBoard member and former president
  • OrganizationAlabama Power Foundation
  • StatusConfirmed
  • NameAlexander Flachsbart
  • TitleFounder and CEO
  • OrganizationOpportunity Alabama
  • StatusConfirmed
  • NamePatrick Robinson
  • TitleFounder and CEO
  • OrganizationPaskho
  • StatusConfirmed
Join the SOCAP Newsletter!