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Building The Future Economy of The Bronx: The Bronx Cooperative Development Initiative (BCDI)
Manage episode 327378288 series 3262350
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The Bronx's economic anchor institutions, primarily universities and hospitals, collectively spend $9 billion dollars on goods and services annually. However, small-business owners throughout the borough that span every sector, rarely receive these contracts. The Bronx Cooperative Development Initiative understands that even when purchasers are willing to increase contracts with local businesses—especially minority-and/or women-owned businesses—they face challenges to doing so.
Michael Partis, Executive Director, & Gloria Alvarez, Strategic Partnership Manager, share with us how the Bronx Cooperative Development Initiative aims to engage anchor institutions and democratize economic development on behalf of communities and residents in the borough.
Learn more about the Bronx Cooperative Development Initiative at bcdi.nyc and consider donating to support their work.
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