OUR PATH IS
POWERED BY DATA
Path to 15|55 established shared strategies and Key Performance Indicators (KPIs) for stakeholders to mobilize around:
BLACK BUSINESS DEVELOPMENT GOALS*
All Black business owners have opportunities and resources to fuel their growth and reinvestment in the prosperity of their communities.
Key Drivers+
1-6 Year
Outcomes
#/% BBOs in high growth industries
Shared Result
(+10 years)
6-10 Year
Outcomes
#/% Jobs from BBOS
#/% Early stage capital invested in BBOs
By 2028, Black business owners (BBOs) have X% increased individual and community wealth and wealth retention
#/% BBOs reinvestment in black community
#/% BBOs in positions of power and influence
#/% BBOs revenue
#/% Capital products for BBOs
#/% of investors that believe in BBOs as strong market opportunity
#/% BBOs of AUM controlled by black institutions & individuals
# of jobs in BBOS
% increase in BBO revenue
#/% BBO friendly leaders in positions of power
and influence
#/%/$ of AUM controlled by black institutions and individuals
#/$ Capital products for BBOs
$ Resulted from BBO friendly policies
# of BBO reinvestment in black community
#/% Early stage capital invested in BBOs
# of BBOs converted to high growth industries
# of investors that believe in BBOs
Strategies~
BBO capital ecosystem
BBO capacity building (includes education and training)
BBO community reinvestment ecosystem
Policy and political accountability
Campaign to positively shift narrative about BBOs
* Draft as of 10/16/2018
+ Key drivers selected when strategies confirmed
~ Strategies will evolve based on pressure testing assumptions and hypotheses
EXPLORE THE DATA
The Financial Returns of Diverse Private Equity Firms
The National Association of Investment Companies found that diverse private equity funds produced higher-than-median returns. About four in 10 diverse funds produced top-quartile net IRRs and multiples of invested capital.
Path to 15|55 has $100 million in commitments to grow Black businesses
This capital will be used to support policy change at national, state and local levels, and invest directly in Black businesses and the intermediaries that support them.
How Usable Capital
Will Unleash
Black Business Growth
In this report from Path to 15|55, thought leaders across asset classes share innovative ways to remove barriers and increase access to capital for Black business owners.
The Tapestry of Black Business Ownership in America
This groundbreaking report explores the diversity among Black business owners in the U.S. and illuminates several key findings.
Path to 15|55 Infographics
Use this social media toolkit to spread the word about barriers to success for Black businesses, as well as how the American economy would grow if Black businesses reach parity with white firms.
The Road to Zero Wealth
How the racial wealth divide is hollowing out America's middle class.