This national collective addressing equity in capital launched ahead of Juneteenth. A Philly org is involved


In alignment with Juneteenth 2021, a collection of equity-focused organizations across the country launched the Inclusive Capital Collective (ICC)this week to take aim at systemic racism and build community wealth. A newly formed org out of Philadelphia is one of them.

The collective is made up of a growing network of community fund managers and entrepreneurial support organizations that share a goal of deploying financial capital and other resources to entrepreneurs and communities of color. The launch’s timing also honors the 100th anniversary of the Tulsa Race Massacre, when white residents of Tulsa, Oklahoma attacked and burned down more than 35 square blocks of the Greenwood District of the city — at the the time, the wealthiest Black community in the U.S., known as “Black Wall Street.”