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In Boston, the CommonWealth Kitchen has cooked up a successful model of community economic development by incubating businesses in a predominantly Black neighborhood. Crucially, financial profit was not the main goal but the real rewards might be invaluable.
More than 50 food-focused small businesses can rest easier this week as their shared facility on Quincy Street – Commonwealth Kitchen – announced its $7 million acquisition of the building, while also beginning a $4 million capital campaign for expansion. Jen Faigel, Commonwealth Kitchen’s executive director, told the Reporter the purchase of the former Bornstein and Pearl
In Boston, the average white-owned food business earns $1.1 million per year, while Hispanic-owned businesses earn $243,000 and Black-owned businesses earn $475,681. Can partnerships like this one help close those disparities?
Food incubator CommonWealth Kitchen buys 36,000-square-foot space in Dorchester Amy Sokolow © Provided by Boston Herald BOSTON, MA - July 23: Jen Faigel, Executive Director & Co-Founder of CommonWealth Kitchen gives a tour in Dorchester on July 23, 2021 in Boston, Massachusetts. (Staff Photo By Matt Stone/MediaNews Group/Boston Herald) CommonWealth Kitchen, a Dorchester-based nonprofit that helps food startups get off the ground, is settling into its new permanent home in the 36,000-square-foot Bornstein and Pearl Food Production Small Business Center. “Today is an awesom...