- This event has passed.
Carlsen Center co-hosts Global Diversity & Investment Summit
October 28, 2022 @ 10:00 am - 12:00 pm
Cost: 0.00
Event Type: Meeting,Presentation,Professional Development,Student Activity
Link: https://www.eventbrite.com/e/the-global-diversity-and-investment-summit-tickets-408890100297
Black Economic Empowerment conversation brought to you by Black Entrepreneurship Project, NorCal SBDC and the Carlsen Center for Innovation & Entrepreneurship
The Black Church has been vital to the economic development of the African American community. Functioning as the economic institution for Black economic mobility as well as moral well-being of the African American community. Black Churches helped to create the first major Black financial institutions: the Black-owned banks and the Black life insurance companies. The Black Church is the largest repository of Black monetary wealth, conservatively the annual income of the institutional Black Church is over $2 Billion.
The intentional and creative use of funds provided by the institutional Black Church along with other Black institutions and organizations, corporations, and businesses as well as personal and family accounts placed in Black-owned, controlled, or influenced financial institutions could provide billions of dollars for the advancement of the Black community of its own wholesale and retail markets.
Churches and Church associations through their pledges and financial commitments may aid in the founding and development of new banks and access to capital which can help to revitalize the Black community. Please join us for a conversation that is sure to be uplifting!