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MEET THE MEN BEHIND THE ORGANIZATION THAT HAS ALREADY GIVEN MORE THAN $6 MILLION IN FUNDING TO BLACK-OWNED BUSINESSES
Nationwide -- Invest in an entrepreneur of color and the rest of the dominoes will fall. Charlotte's Urban Advisors, an impact investment consulting firm, recently announced the launch of a fund that replicates this idea.
The Urban Progress Community Fund backs minority-owned businesses that are "high-impact," which, by the fund's standards, means it creates jobs, hires a diverse workforce, and offers services or products beneficial for low to moderate-income people and communities.
The hope is a single investment -- in some way, shape or form -- can help boost the economy, bring about upward mobility and achieve social justice.
