What Is Economic Inclusion – And Why Is This Concept So Important for Baltimore?
These key questions are the focus of Chapter 1 of the new BIP Report Collectively We Rise: The Business Case for Economic Inclusion in Baltimore. Released at the Impact Hub on June 29th, the report documents best practices and lessons learned from ongoing economic inclusion initiatives and finds that the strategies create benefits for individuals, businesses, and institutions. The report highlights dozens of inclusion strategies undertaken by anchor institutions, businesses, nonprofits, and public partners leveraging purchasing, hiring, and reinvestment powers to create community benefits. The report concludes by calling for broader participation by businesses and institutions as well as a series of people-focused investments and policies.
Chapter 1 of the report defines economic inclusion and explores the roots of poverty, the fallout from disinvestment and discriminatory practices, and identifies key strengths and opportunities Baltimore can build on. The Chapter finds that during the Great Recession, the number of African-American businesses in Baltimore grew by more than 60% from 14,644 in 2007 to 23,600 in 2012. It also finds that Baltimore has billions of dollars in new and planned investment, numerous anchor institutions that are the city’s largest employers, a strong cohort of workforce development providers and over 30 business development programs to help facilitate economic inclusion. #collectivelywerise
Read Chapter 1 or the Full Report
Port Covington – Are You Ready to BID? Vendor Open House
Port Covington is a 235-acre master-planned, mixed-use redevelopment project, with a prime location on the waterfront in Baltimore City. On Friday, July 27th from 8:30 to 10:00, an open house will be held at City Garage located at 101 W. Dickman Street. Vendors are invited to learn more about the project, the project’s diversity business goals, and qualifications for contractors. Registration via Eventbrite is required.
Baltimore Hosts National Anchor Collaborative Convening
Through a partnership with the Democracy Collaborative, The Funders Network for Smart Growth and Livable Communities, the Federal Reserve Bank of Richmond’s Baltimore Branch, and the Annie E. Casey Foundation, the BIP was pleased to help welcome over 135 individuals from aspiring, developing and mature anchor collaboratives from over 30 cities on June 11th and 12th. The event included a tour and overview of local economic inclusion strategies led by Maryland Institute College of Art, Humanim, Loyola, Johns Hopkins, Bon Secours, Kaiser Permanente, University of Maryland Medical Center, and the University of Maryland Baltimore. Through facilitated sessions, BIP stakeholders joined with their peers from other cities to determine how to strengthen local and national anchor institution strategies. View Event Photos
Made in Baltimore Releases The State of Urban Manufacturing: Baltimore City Snapshot
Produced through a partnership with the Urban Manufacturers Alliance, Made in Baltimore released a new study to explore the challenges and opportunities facing Baltimore City’s ‘maker economy’. The bulk of the study analyzes a survey of nearly 100 business owners in Baltimore’s light-manufacturing sector. The analysis characterizes the sector through various lenses, including company size, ownership, revenue, product types, and more. It also explores the barriers to growth as identified by the business owners themselves, and provides recommendations to address those barriers. To help facilitate support for this sector, the report includes a series of recommendations focused on capital, workforce, production space and several for anchor institutions. Read the Baltimore City Snapshot
In the News
• LifeBridge Health investment to expand Park Heights landscaping crew’s reach
• Baltimore is mired in violent crime. Could part of the solution be found in reclaimed wood?
• Hopkins Supports Pipeline of Opportunity in Baltimore
• Creating Equitable, Inclusive and Transparent Cities: A Year in Review
• Bon Secours plots to open 400 more affordable apartments in West Baltimore
• Baltimore needs to create more jobs for people without college degrees, report finds
Family Supporting Jobs in the Baltimore Region
The Baltimore Metropolitan Council released the 2018 Family Supporting Jobs Report. The report is a comprehensive assessment of the employment opportunities in family-supporting jobs in central Maryland. Family-supporting jobs are defined as occupations that pay an hourly wage that allows working adults with less than a bachelor’s degree to provide for their family’s needs. The report forecasts demand in family-supporting jobs across a range of sectors, and measures of education, work experience, and training. In the region, the following sectors are expected to offer the highest number of family-supporting job opportunities: construction, business services, and healthcare. Among other factors, the report looks at work experience and on-the-job training requirements to help people better understand the credentials typically expected for various positions. It also identifies the top 50 family-supporting occupations by total demand, median hourly wage, and new job growth. Read the Report (Link to Google Drive for 120 MB File)
Baltimore Resources to Support Economic Inclusion
The BIP has recently created two directories to support local hiring as well as local and minority purchasing opportunities.
• Workforce Resources in Baltimore: An Employer’s Directory of Workforce Organizations to Help Hire Locally
• Directory of Resources and Intermediaries to Help Find Minority-Owned, Women-Owned, and Local Business Enterprises
The Baltimore Integration Partnership is funded by the national Living Cities Integration Initiative, the Surdna Foundation and receives generous local support from the Annie E. Casey Foundation, The Goldseker Foundation, Associated Black Charities, The Baltimore Workforce Funders Collaborative and the Association of Baltimore Area Grantmakers (ABAG). ABAG acts as a backbone organization, coordinating and staffing the partnership.