We don’t need another study or report to tell us that inequality exists and that Black people do not get the same access to funding and opportunities.
Structural and systemic inequalities have deep roots in virtually every type of institution in this country.
Because of these systems in place, each generation of Black families have had to start over without passing on wealth to the next generation.
Black founders don’t have the same access to funding. Black-owned businesses need structural support and contracts that could help scale growth.
The elevated consciousness around the country on equity and inclusion presents the greatest opportunity to reverse the broken cycle of the Black wealth gap.
What’s needed are policies, funding, support systems, programs, and business opportunities that all help to shrink the Black-White wealth gap.
Institute of Black Wealth aims to collectively and programmatically create business opportunities that will change the financial trajectory for participants.
Funding the growth of a Black-owned business through corporate contracts, government procurement, purchase orders, and strategic partnerships can often be just as impactful as financing. Our approach is to leverage the power of the collective to create and structure a pipeline of business deals and opportunities that Black entrepreneurs can collectively participate to create wealth at scale.
In addition to business opportunities, the Institute creates educational programming where individuals, students and families alike can learn about new forms of commerce like cryptocurrency, blockchain and NFTs and understand the fundamentals of wealth creation through financial planning, life insurance, homeownership, and investing.