Posted inFinancials

Closing the gap: A look at early financial literacy programs for Black youth

Educators and nonprofit leaders say children are eager to learn about money, but limited access to early financial literacy in communities of color leaves many without essential knowledge before adulthood. Programs like WattKid$, Diapers2Deposits and WeRise aim to close that gap by teaching students practical money skills, fostering healthier relationships with finances and building pathways to long-term wealth.

Posted inBUSINESS

District leaders celebrate strides in local and minority business contracting

Through the D.C. Community Anchor Partnership, 17 major institutions have spent more than $1.5 billion with D.C.-based businesses, including nearly $1 billion with minority-owned firms. The initiative’s leaders say it is reshaping how large institutions approach contracting by connecting them with local businesses and building capacity for long-term growth.

Posted inFinancials

From homeownership to capital control: Rethinking economic freedom for Black families

Black Americans were excluded from wealth-building opportunities for centuries through slavery, broken promises and discriminatory policies, leaving a racial wealth gap that persists today. Now, economists and advocates point to homeownership and greater control of capital as key pathways toward closing that divide and achieving true economic freedom for Black families.

Posted inBUSINESS

More than profit: Baltimore entrepreneurs blend business with community service

Black entrepreneurs in Baltimore are using their businesses as vehicles for community impact, offering resources that extend far beyond their products and services. From literacy initiatives and youth programs to mutual aid and criminal justice advocacy, local business owners are investing directly in the people and neighborhoods around them.

Posted inBUSINESS

How ownership helped a Black-owned U Street businesses survive gentrification

As Washington, D.C.’s historically Black U Street corridor continues to gentrify, longtime Black-owned businesses like Lee’s Flower and Card Shop and Ben’s Chili Bowl say ownership and adaptability have been key to their survival. While both families acknowledge the economic growth brought to the area, they also reflect on the displacement of longtime Black residents and the changing identity of the once predominantly Black community known as “Black Broadway.”

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