Legacy Business: Our opportunity to build wealth, economy, and culture

Year: 
2017
Author(s): 
Democracy at Work Institute
Description: 

Together with Citi Community Development, Democracy at Work Institute (DAWI) is collaborating with National Urban League and key local leaders to enable more people to share in business assets in their communities– not through creating new businesses, but through leveraging and preserving assets already invested in communities, specifically by promoting shared ownership of existing businesses.

This report, Legacy Business: Our opportunity to build wealth, economy, and culture  presents key findings from regions across the country, illustrating the common challenges, common opportunities, and an analysis of solutions that can be implemented right away to broaden ownership and prevent one of the greatest wealth transfers in history from resulting in a loss of jobs, goods and services in all communities, especially those that have historically lacked access to business assets, such as low-and-moderate income communities and communities of color.  

 

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