Making Opportunity Universal: A Playbook for Equitable Economic Development

Oni Warner July 8, 2022

Economic development is a tool for promoting financial well-being and improving the quality of life for communities by creating, retaining, and expanding jobs that facilitate growth, enhance wealth, and provide a stable tax base. Yet, it is apparent that in our current economy, Black, Indigenous, and People of Color do not benefit equally.

Our proposed session will challenge economic development organizations and professionals to approach their work through a racial equity lens to identify the roots and patterns of structural racism, work to reduce barriers to opportunities, and contribute to closing the racial wealth gap.

Using IEDC’s newly released playbook as a guide, speakers will offer best practices and innovative models from the field on integrating racial equity into key areas of economic development like entrepreneurship, job creation, and neighborhood development to ensure a more equitable distribution of wealth and prosperity in their communities.

Format

Fireside Chat (3 speakers maximum)

Meta Themes

  • Deliver Equity and Inclusion

Themes

Deliver Equity and Inclusion, Reimagine Systems, Power & Capital

Purpose and Desired Outcome

The purpose of this session is to highlight promising practices that economic development organizations and professionals can leverage to approach their work through a racial equity lens and increase economic equity and opportunity for communities of color. Our desired outcomes for this session are to help the economic development sector to identify the roots and patterns of structural racism, work to reduce barriers to opportunities, and contribute to closing the racial wealth gap.

Audiences

  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Government

  • Accelerators & Incubators

  • Entrepreneurs

  • Asset Managers

  • Corporate & SME

  • Service Providers

Speakers

  • NameNathan Ohle
  • TitlePresident & CEO
  • Organization, International Economic Development Council
  • StatusInvited
  • NameDr. Elioisa Klementich
  • TitlePresident & CEO
  • OrganizationInvest Atlanta
  • StatusInvited
  • NameColin Tarbert
  • TitlePresident & CEO
  • Organization Baltimore Development Corporation
  • StatusInvited
Join the SOCAP Newsletter!