THE TRANSFORMATIVE IMPACT
WE WILL DRIVE ECONOMIC GROWTH BY:
Source: McKinsey & Company; Creative Investment Research
Cincinnati has a
strong organization ecosystem today, led by the
AACC, ULGSO, the MBA and key partners such as
Mortar, CMBC, GCMI, Lightship Foundation and others, however,
It creates an organization
with capacity to coordinate the work of the current Black business ecosystem to:
Lincoln and Gilbert will be the first time all the organizations working in the Black business ecosystem are formally aligned and the first time we have this level of financial commitment and investment in Black owned businesses, which will result in transformative change.
ECONOMIC IMPACT
By 2026, this initiative will...
Total Economic Impact ($)
1.6B
Black Business Earnings ($)
+$615M
# of Jobs Created
9,841
Total Black Employee Wages
$305M
Estimated Tax Revenue
$16M
ECONOMIC IMPACT
By 2026, this initiative will...
With investment, Cincinnati is uniquely positioned to become a national model for Black business ecosystem support
Cincinnati’s corporations and government have already taken steps to promote minority-owned business equity
Beyond funding, deeper support commitments around contracting, market analysis and diligence, and professional services advising are the key to long-term sustainability
Success with Lincoln & Gilbert has the potential to unlock external investment opportunities, raising the profile of the city and driving lasting impact for all residents