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.

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

Grow Existing Business

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

Invest in Interconnected Systems

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

Reimagine the Possibilities

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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.