Collectively We Rise: The Business Case for Economic Inclusion in Baltimore
Collectively We Rise: The Business Case for Economic Inclusion in Baltimore
June 2018 | Author: Scott Hebert | Data Analysis: University of Baltimore Jacob France Institute
This new report highlights ongoing initiatives to create jobs through economic inclusion in Baltimore. Through interviews, it documents best practices and finds that the strategies create benefits for individuals, businesses and institutions. The report calls for broader participation by businesses and institutions as well as people-focused investments and policies.
“Economic inclusion” is about taking proactive steps to identify and remove barriers that have denied segments of Baltimore’s population, and particularly persons of color, pathways to economic opportunity and advancement. This report presents the case of why in it’s the self-interest of every Baltimore business and the region’s educational and healthcare “anchor” institutions to incorporate economic inclusion efforts as part of their standard business practices. The report uses a variety of case studies and testimonials from Baltimore business representatives actively engaged in inclusion to illustrate the concrete economic benefits of those activities for individuals businesses, and institutions, and for the Baltimore region as a whole. The publication presents evidence demonstrating not only that businesses and anchor institutions can engage in the economic inclusion work without negatively affecting their bottom lines – but also that such activities actually provide many opportunities for businesses to enhance their brands, markets and sales. The report also outlines a broad range of tested strategies that businesses and anchor institutions, working in partnership with each other, community organizations and leaders, and government entities, can use to maximize the effectiveness and impact of their economic inclusion efforts.
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