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Building a nationwide SME ecosystem

Building achievements from within the Alliance

Anchorage, Alaska, August 19, 2022 /PRNewswire/ — Representatives from the Build from Within Alliance’s 12 states and 25 member organizations recently concluded their Annual Meeting. Anchorage, AlaskaThe purpose of this meeting was to discuss the needs facing communities across the country and to work on plans to address these issues. In particular, it focuses on developing strong ecosystems within urban low-income neighborhoods.

The Build from Within Alliance is a national network of community development organizations supporting local entrepreneurship in communities across the country. It works in communities that show the invisible signs of systematic investment, connecting entrepreneurs to opportunities that are often excluded.

Launched by the Neighborhood Development Center (NDC) across multiple cities and organizations, the alliance adopts, adapts and implements the NDC’s place-based, entrepreneurial-focused approach to economic development.

“This convocation is a celebration and reminder of the movement for social, economic and racial equality for American entrepreneurs,” he said. Renee Dosman, President of the Neighborhood Development Center. “This work needs all of us. We are united and united to help marginalized communities across the country by sharing ideas, strategies and best practices that will help our communities and people thrive. increase.”

Each member of the Alliance brings their expertise and experience to jointly develop effective strategies that target needs such as business training, risk-tolerant lending and real estate activities.

Mihailo “Mike” Temali, Founder of Neighborhood Development Center said: “The convening allows us to share tools and understandings for success through training, financing and real estate activities. It is important to share experiences and resources across the country for the benefit of all communities.”

Participating organizations are:

  • Alaska – Community Land Trust (Anchorage)
  • Arkansas – Canopy NWA (Fayetteville)
  • Colorado – CEDS Finance (Aurora); Beacon Foundation and Montobello Organizing Committee (Denver)
  • California – Canopy NWA (Berkeley); Central Valley Immigration Integration Collaborative (Fresno)
  • Delaware – West End Neighborhood House (Wilmington)
  • florida – Aire Ventures, Opportunity Connect, The Glover Disruptive, Allegany Franciscan Ministries (Miami)
  • Louisiana – New Orleans Business Alliance and Fund 17 (new orleans)
  • Michigan – ProsperUs Detroit (Detroit)
  • Minnesota – Heritage Road Consulting LLC (Brainerd); Initiative Foundation (Little Falls); Mille Lacs Cooperate Ventures (Onamia); Neighborhood Development Center (Minneapolis/St. Paul, Ming.)
  • New York – Centerstate CEO (Syracuse)
  • texas – Change Agent Consultant (houston)
  • pennsylvania – Welcome Center, Philadelphia Department of Commerce, Neighborhood Progress Fund, Merchants Fund (Philadelphia)

In March 2020, Wilder Research found that SMEs within the Build From Within Alliance $1.5 million Annual business expenses (rent and labor costs not included). Nearly 60% of that was spent within the same region as the business.In addition, 74% of business owners contributed time, money, or in-kind support to local events and activities in the previous year, with a total valued contribution of $267,200In fact, 96% of all owners said they acted as role models for youth and young adults in their communities, and about half said they acted as leaders of neighborhood or ethnic community groups and organizations. said to play the role of

About Neighborhood Development Centers:

NDC is a not-for-profit community development finance institution that believes low-income inner-city residents have entrepreneurial talent and energy that are powerful assets to help revitalize their communities. NDC provides entrepreneur training, small business loans (and sharia-approved financing), business services, and real estate incubators to help clients launch and grow critical SMEs. For more information, please visit

SOURCE Neighborhood Development Center