Team NEO, Center for Economic Inclusion partner to target racial wealth gap

A partnership between Cleveland-based Team NEO and Minnesota-based Center for Economic Inclusion aims to “help close the racial wealth gap and create a more just, inclusive and equitable economy in the northeastern Ohio region,” The Business Journal reports. That partnership, called the Northeast Ohio Equity Trust, “will create a collaborative learning and action network with access to the Center for Economic Inclusion’s proprietary racial equity tools and analytics,” according to the article. One of the tools the Center for Economic Inclusion brings to this effort is its Indicators for an Inclusive Regional Economy, “a data disaggregating tool designed to support communities seeking to make key data more widely available as a means of holding all employers accountable for accelerating inclusive economic mobility.” Tawanna A. Black, founder and CEO of the Center for Economic Inclusion, said the Northeast Ohio region “is a community rich with talent, diversified industries and tremendous assets that position the region well to compete in the global marketplace. The region’s ability to make inclusion a verb and produce equity that changes the lives of its Black and Brown residents will be the sustaining competitive factor.” For more, read the full article.

Economic Development, State Updates