Route Fifty: The Wide Gaps Between Minority and White Business Ownership in America’s Cities

This week, Accelerator for America, a group that focuses on economic development, infrastructure and other issues in cities, along with Drexel University’s Nowak Metro Finance Lab, released a data analysis tool that gives city leaders and others a way to get a clearer understanding of how these disparities in business ownership look.

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The Philadelphia Citizen: The Virus and the City — A Tool for Equitable Recovery

The Covid-19 crisis is America’s greatest economic shock since the Great Depression. It’s landing hardest on small businesses, the heart of local economies and community life. This social upheaval from the pandemic has also sharpened our focus. Over the past several months, the Nowak Metro Finance Lab at Drexel University has partnered with Accelerator for America and The Mastercard Center for Inclusive Growth to develop the Small Business Equity Toolkit.

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RELEASE: First-of-kind Toolkit Offers Alternative to the Long-standing Failed Approach to Advance Minority- and Women-owned Businesses

Today, Accelerator for America and Drexel University’s Nowak Metro Finance Lab released the Small Business Equity Toolkit, which offers mayors and economic development leaders in the nation’s top 100 metropolitan areas unique insights and innovative strategies for growing Black-, Hispanic-, Asian- and Women-owned businesses. The toolkit offers a data-driven, evidence-based approach to help cities close the long-standing racial, ethnic, and gender wealth gaps that have been exacerbated during the pandemic.

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The Atlantic: How the president can partner directly with America’s biggest cities and suburbs

Cities and their inner suburbs need an immediate lifeline from Washington to stabilize their finances after the devastation of the pandemic. But once those communities regain their balance, they could become crucial allies for Biden. By working with big metros, the president would be aligning federal policy with powerful economic, social, and electoral trends—and empowering local officials overwhelmingly sympathetic to his core objectives.

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RELEASE: Mayors/Fed Leaders Issue Infrastructure Call

Accelerator for America Action, WSP USA, Mastercard City Possible, the U.S. Conference of Mayors, The ACEC (American Council of Engineering Companies) Research Institute, Meridiam NA, and HNTB — collectively, the “New Partnership on Infrastructure” — yesterday released an updated version of “America’s New Playbook for Infrastructure.” While other approaches to infrastructure policy draw from past best practices, this effort was uniquely created during the pandemic and with a focus on recovery.

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January Newsletter

Yesterday's inauguration of Joe Biden and Kamala Harris ushered in a new era in Washington and promised a sharper focus on what we fight for every day — equitable relief from the pandemic, the rebuilding of our infrastructure and middle class, and the creation of community wealth for Americans across our country. Accelerator for America congratulates our new Administration and looks forward to working together to make our nation more just and prosperous for all.

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ABC 4: Raise Up SLC begins distributing ‘Salt Laker Cards’ to those most impacted by COVID-19

Some Salt Lake City residents most impacted by COVID-19 are receiving ‘Salt Laker Cards’, courtesy of a community nonprofit-led fundraiser.

Raise Up Salt Lake City began distributing $500 cash cards – Salt Laker Cards – to community members on Dec. 7. The no-fee credit card will assist city residents and families who don’t qualify for or couldn’t access federal stimulus money due to their immigration status and personal situations and fall below 80% AMI.

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November Newsletter

In our unique role as a “do” tank, and not a traditional think tank, we look forward to partnering with and supporting the new Administration by developing, piloting, and sharing successful models to strengthen people's economic security and ensure the economic recovery brings everyone along.

This has been a long election and a long year. We are excited, however, for what's ahead, and look forward to continuing our partnership with you.

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