INTRODUCING THE
New Growth Innovation Network
Committed to Inclusive Economic Growth
New Growth Innovation Network (NGIN) is a non-profit organization, focused on closing structural opportunity gaps to ensure that economically disenfranchised people of color, women, and neglected geographies are a core part of regional economic growth and prosperity.
Established in 2018, NGIN is a knowledge, insight, and innovation hub, supporting economic development practitioners advance inclusive economic growth in their region. NGIN works to drive systemic change through the NGIN community of practitioners, its platform of insights, and innovations.
Latest from NGIN
New Resource to Bolster Inclusive Economic Growth and Shared Prosperity for US Small and Medium-Sized Cities
New Growth Innovation Network (NGIN) is launching a specialized hub with dedicated resources to drive inclusive economic development, advance racial equity, and reduce health inequities in US cities with populations ranging from 50,000 to 500,000 residents, developed with support from the Robert Wood Johnson Foundation. Leaders from SMCs across the United States will be invited to both shape and benefit from this initiative, including peer learning opportunities, exchange delegations, in-person convenings and connections to capital.
Leveraging Digital and Social Infrastructure for Economic Inclusion
Siegel Family Endowment awarded a grant to New Growth Innovation Network to examine how digital equity and social infrastructure can be leveraged for wealth generation among Black, Indigenous and People of Color (BIPOC), and the role of economic leaders and organizations in advancing more equitable outcomes. This report highlights opportunities for leaders at the local and regional level to embed digital equity in all major economic advancement initiatives as well as explore ways to sustain long-term digital participation by empowering people and places.
EDA Taps NGIN to Lead Equity Impact Investments
The Economic Development Administration (EDA) announced the award of a $5.5 million grant to New Growth Innovation Network (NGIN) to design and launch a new initiative, Equity Impact Investments.
Equity Impact Investments will deliver a transformative, three-year, capacity-building program to 120 organizations operating at the forefront of equitable development in the United States. Funded through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this initiative is a part of EDA’s commitment to ensuring the consistent and systemic, fair, just, and impartial treatment of all individuals, including individuals who belong to underserved communities.
Catalytic Capital for BIPOC Wealth Creation
NGIN is pleased to share insights on inclusive capital, with findings that (1) racialized definitions of risk continue to hold back capital (2) the 2020 corporate financial commitments can be viewed as market corrections rather than catalytic capital investments (3) there is evidence of catalytic capital investments which advance BIPOC wealth and can be scaled. Support for this work was provided by the Catalytic Capital Consortium, an initiative by the John D. and Catherine T. MacArthur Foundation, The Rockefeller Foundation and the Omidyar Network.
Communication Resource Guide for Inclusive Economic Development
To help regions rebuild more equitably and tackle the deep inequality that holds back inclusive growth, NGIN partnered with Partnership for Southern Equity to develop the Communication Resource Guide for Inclusive Economic Development. The guide provides a glossary of terms, complimentary resources, and supportive data to support economic development practitioners with a deeper understanding of how to activate communities towards an inclusive economy. This guide equips practitioners with the resources to jumpstart their strategic thinking on how to center community voices and build relationships, all while centering equity. This work was funded through the generous contributions of Surdna Foundation.
Learn More
The NGIN Team is Growing
We are growing our team and looking for talented and committed colleagues to join us! You will have the opportunity to learn more about inclusive economic development while also making important contributions to the field.