Wealth inequality in our country and city is startling. Nationally, the bottom 80% of households only own about 7% of the national wealth. This distribution is reflected in the fact that businesses borne from entrepreneurs in poor communities often lack sufficient capitalization to compete with large chains or outside firms. Worse still: it's almost impossible for these small businesses to raise capital. The general ban on securities advertising means that entrepreneurs without personal connections to angel investors are often starved of capital and can't grow.
Our goal is to create local wealth by completing the legal and business development work necessary for neighborhood businesses to do direct public offerings. We use an exemption in securities law to generally advertise these offerings on the web, via a platform that we are constructing. The platform will list investment opportunities for a number of different…Read more: Community Development
On July 20th, at 2pm we will be holding our first annual meeting.
@ 4601 3rd St. - the Providence Foundation
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Come help us grow our impact into the future! At our annual meeting, our members edit and approve the strategic plan for the next year and elect our board of directors.
1 Our members includes everyone who has donated at least $25 to our organization, as well as all of our clients.
2 Our strategic plan is crafted every year with input from a variety of stakeholders, that lays out what we want to do and what our budgets will be for the coming year. It's approved by the membership and used by the board of directors to oversee our staff. Read our draft strategic plan.
3 Our board of directorsis in charge of oversight, but also contributes their time and…
4622 3rd St.
