Cooperatives hold incredible promise to build wealth in marginalized communities and reduce the racial wealth gap but myths and misconceptions about alternative ownership models are common. Many lenders and investors are skeptical of cooperatively-owned businesses or find them too “risky” to qualify for investment. This episode, recorded live at a SOCAP 365 event in Baltimore, is a panel discussion about the promise of the cooperative model to create social and economic change, including frank observations about the challenges that often prevent these businesses from securing investment or achieving success at scale.
Accelerating Financial Services That Work for Everyone on SOCAP’s Money + Meaning Podcast Episode 2.13
How can innovative financial technologies help marginalized and underserved communities manage their personal finances and build wealth over time? In this episode of Money and Meaning, host Alex Kravitz talks to Marcia Chong Rosado of Village Capital, an accelerator for social enterprises, and Ramona Ortega, Founder of My Money My Future, a platform providing personal financial guidance for millennials of color who have been overlooked by traditional financial institutions.
This June marked the launch of SPECTRUM, an event designed to bring together a community of changemakers working to create an inclusive impact economy. The conversations about impact, inclusion, and…
All Voices Need to Be Heard: Unlikely Allies at MIT and Gates Foundation Discuss Democracy and Community Engagement – SOCAP’s Money + Meaning Podcast
On prior episodes of Money + Meaning, we have explored ways innovative ideas generated by unlikely allies can create change across institutions and communities. But what about the systemic level? Could conversations between people of different perspectives and backgrounds lead to more equitable economies or systems of government? In this episode, host Lindsay Smalling has a conversation that addresses these questions with unlikely allies who are working on civic engagement and democratic initiatives from two very different institutions: The Massachusetts Institute of Technology (MIT) and The Bill & Melinda Gates Foundation.