Reimagining Your Wealth
Stephanie Twitty
Stephanie Swepson Twitty, CEO of Eagle Market Streets Community Development Corporation, CDC announces the launch of the Community Equity Fund (CEF), an innovative opportunity for small businesses. With a generous award from the Dogwood Health Trust Foundation, the fund is being created as a virtual family of support, drawing on donors who are specifically committed to building racial ownership. “Looking beyond startups, over 90% of the Black-owned businesses in the area are owner, operators or sole proprietorships who find financing to hire their first employee a consistent challenge,” said Swepson Twitty. “Each investment from this “evergreen” fund repays itself over a five-year period. The idea of giving to invest, not just giving, is common in other countries but is seldom used in the United States.” For more information, visit eaglemarketsts.org.
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