Examples across the country show that Lincoln & Gilbert’s approach leverages many of the established best practices
LIVING WAGE
GROWTH CAPITAL
Oakland, CA: Targeted equity investments in growth industries with a commitment to living wage jobs and closing the racial wealth gap locally as part of JPMorgan Chase's Entrepreneur of Color Fund
INTEGRATED GROWTH CAPITAL
Boston, MA:
A coordinated use of different forms of financial capital and non-financial resources, including loans, credit enhancements, equity investments, royalty finance, direct public offerings, crowdfunding, grants, and more
PROTOTYPE/EARLY-STATE CAPITAL INVESTMENTS
National, USA:
providing Black, Indigenous, and People of Color entrepreneurs with early-stage “We believe in you” funding and holistic business support
INDUSTRY TARGET
GROWTH CAPITAL
St. Louis, MO: Targeted investments and ecosystem support to grow the biotech sector in the region, including a targeted investment fund, accelerator, and collaboration amount academic, corporate, and civic leaders
STARTUP ECOSYSTEM
BUILDINGS
Atlanta, GA:
Opened a 25K Sq. Ft. campus in partnership with local academic institutions, venture capitalists, and ecosystem support organizations to drive high growth tech startups in target growth sectors
PLACED-BASED INITIATIVES
Detroit, MI:
A focus on neighborhood-specific capacity building has enabled the city government and other ecosystem members to get their message out and earn the trust of Black entrepreneurs
OUR SOLUTION
Black businesses are uniquely positioned to combat racial disparities, leading to employment gains, improved community outcomes, and income growth for Black Cincinnatians
A bold, new, and transformative initiative is needed to catalyze the strong MBE support infrastructure and better leverage key corporate stakeholders in Cincinnati
Beyond funding, deeper commitments in contracting, supply chain diversification, and professional services are needed for MBEs to thrive.
