Creating Opportunity for Communities of Color Through Entrepreneurship
This article is part of a 10-week series on racial equity and impact investing co-presented by Mission Investors Exchange and Stanford Social Innovation Review. The series titled, 'How Foundations Are Using Impact Investing to Advance Racial Equity,' features 10 foundations who have made committments and deployed strategies to address issues of racial equity through their impact investing practices.
Click here for the more information on the series, including a list of contributors.
With a mission to ensure that all children have the opportunity to succeed and thrive, the Annie E. Casey Foundation pursues strategies to address the racial inequities that continually undermine child and family well-being, including through its impact investing across the South. In this article, Annie E. Casey Foundation President Lisa Hamilton makes the case for investing in entrepreneurs of color as a path to financial stability, including through program-related investments, community development financial insitutions, and by supporting projects and partnerships that build the capacity of small, minority-owned businesses.