Exciting news! Today, Atlanta Wealth Building Initiative announced a partnership with Step Up Savannah Inc. to support a business service cooperative which will bolster the small business ecosystem in advancing economic mobility through a shared ownership model. This cooperative both incubates and supports local small businesses from historically Black neighborhoods, maximizes collaborative partnerships, and creates a shared service model that provides revenue, support services, and bolsters opportunities for expansion. “The most important thing we learned when we met with residents and leaders across the region and asked them what wealth meant to them was that it meant ‘freedom.’ And they don’t feel free because what freedom truly is - is the ability and the power to determine your reality,” said Janelle Williams, PhD, Co-Founder and CEO of AWBI. “The truth is too many Black households and Black businesses are locked out and, on the fringes, when it comes to determining their reality. So, we are going to take the work we have done in Atlanta and customize it based on what partners, like Step Up Savannah and others are sharing they need to contribute to an economy that works for all.” #atlawbi #communitywealthbuilding #economicjustice
Atlanta Wealth Building Initiative
Civic and Social Organizations
Atlanta, Georgia 4,969 followers
Leveraging ideas, people and capital to close the racial wealth gap and achieve shared prosperity.
About us
Atlanta Wealth Building Initiative is an intermediary that seeks to achieve shared prosperity by closing the racial wealth gap through community wealth building strategies. We are a community of investors, advocates, and activists working to transform systems and structures of capital to create opportunities for African Americans and people of color in Atlanta and across the South. We promote understanding of community wealth-building strategies to cultivate the engagement, capacity, leadership necessary to shape a new economic narrative in Atlanta. By challenging systemic bias and introducing new systems and structures of capital, AWBI aims to re-engineer and redesign Atlanta’s economic ecosystem such that all sectors, from small businesses to large corporations, to anchor institutions, philanthropy, nonprofits and government, consider day to day how to integrate the economic well-being of our most disenfranchised families and communities into their strategy and operations.
- Website
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http://atlantawealthbuilding.org
External link for Atlanta Wealth Building Initiative
- Industry
- Civic and Social Organizations
- Company size
- 2-10 employees
- Headquarters
- Atlanta, Georgia
- Type
- Nonprofit
Locations
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Primary
504 Fair St SW
Atlanta, Georgia 30313, US
Employees at Atlanta Wealth Building Initiative
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Janelle Williams, PhD
CEO | Co-Founder at Atlanta Wealth Building Initiative| Visionary Strategist|Pracademic|Thought Leader
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Kim Addie
Visionary Leader | Economic Justice Advocate | Experienced Nonprofit and Philanthropic Leader | Mom to 4 Amazing Human Beings
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Alex Camardelle, Ph.D.
Using people-centered analysis to win racial + economic justice
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Shewaga Gebre-Michael
Project Coordinator at Atlanta Wealth Building Initiative
Updates
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For AWBI, 2023 was about marrying courage with impact. Our landmark Beloved Economies Report proposes a new framework for understanding and confronting the massive racial wealth divide and its impact on Black Atlantans. Moreover, it is a monumental step toward understanding how we can best build a beloved economy for Atlanta’s Black communities. Explore our full report at https://lnkd.in/dRAazvq. #AtlAwbi #communitywealthbuilding #economicjustice
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Mt. Ephraim Baptist Church will host the inaugural Greater Atlanta Congress of Black Men Conference on Saturday, July 13th from 11 a.m. to 3 p.m. where Alex Camardelle, Ph.D., AWBI's VP of Policy & Research, will speak about the economic status of Black men in Atlanta. Register here: https://lnkd.in/evSTwMC2
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Atlanta Wealth Building Initiative reposted this
CEO | Co-Founder at Atlanta Wealth Building Initiative| Visionary Strategist|Pracademic|Thought Leader
Something big is happening! Atlanta Wealth Building Initiative is resisting with results!!!
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In 2023, AWBI was increasingly intentional about convening practitioners and supporters to create a just economy. Hence, we launched the Black Community Wealth Network – a national network positioned to build a broad network of practitioners and supporters committed to the task of building Black community wealth. And through it, we have expanded the narrative to apply a more interdisciplinary analysis on what it means to build wealth for Black people and communities, according to Janelle Williams, PhD, CEO and Co-Founder of AWBI. We are grateful to bring together a key group of investors, advocates, practitioners, and scholars who will continue to help us create a just economy for Black people. Explore our full report at https://lnkd.in/dRAazvq #AtlAwbi #communitywealthbuilding #economicjustice
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Embracing Atlanta’s Black businesses for a more just economy by Jarryd Bethea, MPP, AWBI Sr. Associate, Research + Policy 📢 https://lnkd.in/er7t5MCr
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A message from our CEO: This past year has reflected incredible growth, influence, and impact for Atlanta Wealth Building Initiative. This dynamic organization has a race explicit focus to advance economic justice. Bear in mind, race explicit does not mean race exclusive. Our work embraces a commitment to support people and places that have experienced systematic economic exclusion. When we consider that 55% of Black people live in the American South and the Black – White wealth gap is at the highest dollar value, we are compelled to support people pushed to the economic fringes. It is through this approach we can benefit from an economy that works for all. - Janelle Williams, PhD Explore our full 2023 Annual Report at https://lnkd.in/dRAazvq #AtlAwbi #communitywealthbuilding #economicjustice
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“Leaders, stop conditioning for a sprint, you’ll burn out on this marathon. I’m inviting you to really embrace what this work is about ... because this work is movement work. You’re going to build solidarity from meaningful impact. The absence of that is transactional and lackluster outcomes.” - Janelle Williams, PhD, AWBI Co-Founder and CEO, 2024 Purpose Built Communities National Conference Keynote When you hear Dr. Williams speak, you will hear a consistent drum beat: When people are inspired by ideas – movements are formed. And when movements are formed, individuals and leaders are able to achieve the sort of collective action that is capable of deep and lasting change. This is the charge she is leading at AWBI. #AtlAwbi #communitywealthbuilding #economicjustice
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We've been hearing all the chatter about 'Black jobs' and thought we'd slide into the conversation with some food for thought. There is no such thing as 'Black jobs,' but there are low quality jobs that don't enable wealth creation and Atlanta's Black workers are overrepresented in them. Despite Atlanta’s reputation for having a strong professional class of Black workers, there is still a great deal of occupational segregation. Discrimination in the labor market continues to impede economic mobility for Black workers in Atlanta. Investments in workforce training and upskilling have kept the focus on individual solutions rather than on the broader exclusionary policies and practices that shape labor market opportunities and outcomes in Atlanta. Job training emphasizes personal responsibility, which compounds the effects of structural racism that spans the lives of Black job seekers. AWBI’s Recommendation: Use public dollars to hold companies accountable for the creation of asset-building jobs. Read more about this recommendation and a baseline and framework for building Black wealth in Atlanta in AWBI’s groundbreaking Beloved Economies Report at https://lnkd.in/ee4V-XWz. #atlawbi
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We are excited to share our 2023 Annual Report with you! The past 18 months reflect a deep commitment to results and partnerships. We are incredibly proud of the work our team and grateful for the support of our funders and partners. Our Report highlights the mark AWBI made in 2023 including: Our cumulative community impact/thought leadership pieces such as the inaugural Beloved Economy Report & The Black Wealth Unlocked Podcast; Strategic Partnerships, key results and findings; and our 2024 Expansion into the South. We invite you to reflect with us and explore our report https://bit.ly/45L0wIN. #atlawbi
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