The 800 Initiative sets out on a path to grow minority business through the deliberate investment of assistance, capital, corporate engagement, and other resources. The focus is on minority firms with paid employees, as well as promising minority businesses with no paid employees. These firms often fail to thrive due to a disparity in wealth and income, degree attainment, economic and geographic segregation, and an overall lack of social and political capital. This plan supports all people of color, but the focus will be on black-owned businesses in this city that is 63% black...
Primary focus is to grow the 800 minority firms with paid employees' revenue by $50MM in 5 years