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Philanthropic program to help city access grants for sustainability efforts related to underserved communities

Data indicators often fail to tell the whole story about Black enterprise. Employment rates, for example, fail to take into account the quality of jobs held, whether they offer livable wages and how many jobseekers have given up on trying to enter the workforce. Similarly, the Black Business Association of Oregon (BBAO) wanted a more nuanced and real-time method of tracking the economic vitality of Oregon’s Black community – and the wealth gap between Black and White Oregonians.

The Black Economic Prosperity Dashboard includes data on population, health, education, economic well-being and business ownership that can be used to better address racial wealth gaps in the state.

This funding model could bring more equity to the city's diversity of entrepreneurs, writes Melina Harris, analyst and capital access coordinator for Philadelphia Anchors for Growth and Equity. The program's Hurdle Fund has shown early success.

Baltimore Mayor Brandon Scott will speak to 20 mayors from North and South America on Wednesday at the Bloomberg Philanthropies City Data Alliance at Johns Hopkins University.