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Thursday, November 21, 2024

CITY OF ROCHESTER: Rochester Highlighted in City Accelerator Guide for Racial Equity in Economic Development

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City of Rochester issued the following on Oct. 26

Mayor Lovely A. Warren announced today that Rochester is highlighted in a Living Cities/Citi Foundation guide that is designed to help local governments and economic development professionals employ equitable systems to close racialized wealth gaps for small businesses. “Cities and Businesses of Color: A Guide to Economic Growth” outlines the tactics, strategies and lessons learned for improving economic opportunities for minority businesses using case studies from Rochester; Newark, NJ; El Paso, TX; Atlanta, GA; and Long Beach, CA.

“The pandemic has shown a spotlight on the health and wealth disparities that exist among our Black and Brown communities,” said Mayor Warren. “The work of our Office of Community Wealth Building is recognized as a national model for other cities because we understand the need to establish access and equitable systems to spur economic growth for small businesses and entrepreneurs, especially our minority-owned businesses. As the home of Susan B. Anthony, Fredrick Douglass as well as many technology pioneers, Rochester is living up to its reputation as a national leader in innovation.”

The Living Cities and Citi Foundation will partner with Governing to hold a webinar examining how three cities are driving local economic opportunities and supporting minority-owned businesses during COVID-19 at 1:30 p.m., tomorrow, Tuesday, Oct. 27.

The Director of the Mayor’s Office of Community Wealth Building, Dr. Lomax Campbell, will join Rodrick Miller, CEO of Invest Puerto Rico and author of the Guide, and representatives from El Paso and Long Beach to discuss principles and takeaways within the guide. Register for the free webinar at www.governing.com/events. The "Cities and Businesses of Color: A Guide to Economic Growth” can be downloaded at www.governing.com/cityaccelerator/cohort5.

Original source can be found here

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