From Relief to Reconstruction: Advancing Equity in Economic Development

The impacts of the COVID-19 pandemic and the Minneapolis uprising around the murder of George Floyd have devastated many Black, brown, indigenous and immigrant-owned businesses in the Twin Cities. But this political moment, with the focus on public health and new visions for community safety, also holds the potential to shift our collective understanding of the tools and resources needed to create long-term health, belonging and neighborhood stability. Small businesses play an essential role in building and sustaining the culture, wealth and economic vitality of BIPOC and immigrant communities, and both government and philanthropic institutions are poised to invest in our local “recovery” and “rebuilding.” How do we ensure that short-term relief centers and meets the needs of BIPOC- and immigrant-owned businesses and that new processes and policies around economic development advance the ownership and agency of our communities?

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