path_main.jpg
PathTo1555_White Logo.png

Grow at least 15% of Black businesses, create 600,000+ new jobs, and add $55 billion to the U.S. economy

 
challenge_icon.png

THE CHALLENGE

  • It would take 228 years for Black families to build wealth equal to white families.
     

  • The racial wealth gap is hollowing out the middle class.
     

  • Black business owners were 12x wealthier than their  peers; owning a business helps close wealth gaps.
     

  • Black business ownership is a proven path to wealth and job creation that concurrently stimulates the U.S. economy. Deep-rooted, systemic challenges limit their growth-inhibiting economic prosperity and preventing generational wealth.

 

THE SOLUTION

Path to 15|55 is a collaborative initiative, among experts from every sector, designed to grow Black businesses and their communities based on research that proves: if just 15% of Black-owned businesses are able to hire one more employee, the American economy could grow by $55 billion.

plus_one.png

Align practices to the Path to 15|55 strategies in service of tracking shared outcomes

grow_bk.png

Grow Existing Business

Target existing businesses and position them to accelerate growth and hire additional employees.

invest_bk.png

Invest in Interconnected Systems

Invest in systems and networks focused on policy, advocacy, and removing barriers to capital.

re_imagine_bk.png

Reimagine the Possibilities

Transform how business owners and investors view and value existing assets in the black community to drive growth.

Path to 15|55 is collaboration with five key action groups toward shared outcome.

home_solution_ bk.jpg

Financial

Institutions

High Net Worth

Individuals

Philanthropic 

Investors

Corporations

Political

Leaders

Path to 15|55

is collaborating with five key action groups toward shared outcome. 

$55 BILLION

+

600,000 NEW JOBS