Equity Impact Investments: Igniting Partnerships for Inclusive Prosperity
Equity Impact Investments, led by New Growth Innovation Network, with support from the U.S. Economic Development Administration (EDA), Local Initiatives Support Corporation (LISC), International Economic Development Council (IEDC) and HBCU Community Development Action Coalition (CDAC) offers tailor-made training and in-depth localized partnership support to:
Gain a deep understanding of cross-sector strategies to spearhead innovative projects that foster inclusive economic development.
Address community disconnect and elevate the representation of Community-Based Organizations in economic strategies and funding coalitions.
Equip yourselves to access various funding sources as a partnership team
After completion of the program, you’ll earn a certificate of completion and unlock specialized resources, guidance, and valuable connections for your community.
Click here to read the detailed program overview.
You should apply if:
You are an EDO or CBO. Through this program, Economic Development and Community-Based Organizations will join forces to co-design impactful projects that contribute to building inclusive economies.
You have a passion for learning. Access remote webinars to enhance your partnership building skills and understanding of inclusive economic development.
You are interested in partnering with CBOs/EDOs. Completing the training courses makes you eligible for Phase Two: Partnership Development Assistance, which covers areas such as asset mapping, building trust, engaging BIPOC residents, and connecting to other sources of capital.
You desire to create a more equitable future for your community. Learn how to map the economic development ecosystem, mobilize partnerships on the ground, evaluate the impact of partnerships and more.
Still have questions?You can also reach out to our dedicated team at equity@newgrowth.org.
Important Dates
November 30th, 2023 at 2 PM ET: Virtual Information Session. Click here to register.
December 13th, 2023 at 11:59 PM ET: Application Deadline. Click here to apply.
February 19, 2024: Organizations are notified of selection for Phase One
Phase 1: Capacity Building Training Courses will take place early March- late April 2024.
About Equity Impact Investments
The Economic Development Administration (EDA) recognizes the need for more resources to improve technical assistance and capacity building in underserved populations and communities’ representation in local economic development.
The EDA Networks program 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.
This activity was prepared by New Growth Innovation Network (NGIN) using Federal funds under award ED22HDQ3070187 from the U.S. Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the U.S. Economic Development Administration or the U.S. Department of Commerce.
