Months of protests against police brutality and systemic racism shook the world. As a result, corporate America has been compelled to respond to the nation’s history of racial inequities with statements, investments and diversity initiatives. To further tackle such disparities – especially the ever-widening racial wealth gap – many in corporate leadership roles have placed a specific emphasis on the advancement of Black-owned businesses.
But can this renewed commitment from corporate America really level the playing field for Black businesses?
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At the virtual Black Enterprise Entrepreneurs Summit, an expert panel will tackle this and other questions during the “Investing In Racial Equity,” session, sponsored by J.P. Morgan Wealth Management. The participants include Ted Archer, Executive Director, Global Philanthropy, J.P. Morgan Chase & Co.; Jehan Crump-Gibson, Managing Partner, Great Lakes Legal Group PLLC; and Derek T. Dingle, Senior Vice President and Chief Content Officer for Black Enterprise.
In developing solutions s to address structural racial inequity, many corporations have started taking a long-term view, according to Archer.
“In this current state long-term investments will get us to the point where we have true equity,” he said. “Corporations thrive, our business community thrives when we all have access to the systems that allow us to be contributors.”
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