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.
Collectively We Rise: The Business Case for Economic Inclusion in Baltimore
June 2018 | Author: Scott Hebert | Data Analysis: University of Baltimore Jacob France Institute
“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.
Profiles of Economic Inclusion Efforts by Small and Medium-Sized Baltimore BusinessesProfiles of Economic Inclusion Efforts by Larger Businesses and Anchor InstitutionsProfiles of Economic Inclusion Activities Conducted by Larger PartnershipsOther Efforts that Support Economic Inclusion
Why Increased Business Engagement and Expanded Economic Inclusion Efforts Are So Necessary?How Can Other Businesses and Anchor Institutions Get Engaged?Suggested Actions for Baltimore-Area Businesses and Anchor Institutions Interested in Economic Inclusion EffortsWhat Additional Actions Can Baltimore Stakeholders Take To Foster Broader Economic Inclusion Efforts?Conclusions
The Baltimore Integration Partnership is pleased to release “Collectively We Rise: The Business Case for Economic Inclusion in Baltimore.” The report highlights dozens of ongoing initiatives to create jobs through economic inclusion. Through interviews, it documents best practices and finds that the strategies create benefits for individuals, businesses and institutions. The report concludes by calling for broader participation by businesses and institutions supported by people-focused investments and policies.
Baltimore is fortunate to have billions of dollars in active investment underway in water/sewer improvements, schools and redevelopment projects, as well as a very strong set of higher education and medical institutions (a.k.a. anchor institutions) that are the city’s largest employers. Yet, we also have systemic economic challenges, poverty and hopelessness that came to a head last April in the uprising following the death of Freddie Gray. In order for Baltimore to make strong inroads into addressing the economic challenges, we need to do a better job of leveraging our assets and investments in new ways. Read more here >>
Workforce Resources in Baltimore: An Employer’s Directory to Support Local Hiring and Workforce Development
A collaborative project of the BIP and Central Baltimore Partnership, this new directory of Baltimore nonprofit and public workforce development organizations is now available to help employers and community stakeholders find workforce partners to meet hiring needs. It summarizes the work of more than 45 organizations that support Baltimore City workers by offering skills training, eliminating barriers to employment, and facilitating job placement.