The racial reckoning sparked by George Floyd’s murder in 2020 led several of the country’s largest corporations — from Apple to Target to Goldman Sachs — to pledge support for entrepreneurs who are Black, Indigenous or people of color. Many corporations promised spending, investment, mentorship and all forms of additional support.
However, a study conducted earlier this year revealed that only a portion of pledges from U.S. companies had materialized. In Minnesota, some BIPOC-owned businesses have reported a surge followed by a subsequent decline in support.
Additionally, media organizations and cultural influencers compiled lists of BIPOC-owned businesses to help the public more consciously spend and invest their money. But have these efforts resulted in Minnesota’s consumers permanently changing their spending and investing habits in ways that will support and sustain a more inclusive local economy? How are Minnesota’s BIPOC business owners faring now? What does true allyship and support from corporations, the government and consumers look like?
Join us Dec. 15 at noon for In Focus: A Seat at the Table: BIPOC Businesses’ Inclusion in the Minnesota Economy, as Angela Davis hosts a conversation with business leaders, entrepreneurs and others working toward lasting change in Minnesota’s economy. They’ll share their first-hand experiences and offer ideas on how Minnesotans can take action, beyond a one-time purchase or donation, to effect a more inclusive local economy. Sign up here for the virtual event.
In Focus is a series of convenings we are committed to leading on Minnesota’s persistent racial disparities. Through conversations with community leaders that are shaped by our curious, engaged audience, we hope to encourage new connections and relationships that will help Minnesota communities make progress toward equity and inclusion.
If you have thoughts or questions about the event or this month’s topic, check out the MPR News In Focus page for different ways to share your experience. You can also join our discussion group on Facebook.