Community Wealth Summit
DATE / TIME
Jul 06, 2020 - Jul 10, 2020
Hosted by The Democracy Collaborative and Anchor Collaborative NetworkWhere: The Community Wealth Summit is a virtual place-based convening. Get in touch to find out if anyone else from your community has registered and we're happy to facilitate connections.
Why a Community Wealth Summit?We're living through an era of extreme and widening inequity, unprecedented uncertainty, and rising political and social tension. In 2020, COVID-19 and the murders of George Floyd, Breonna Taylor, and Ahmaud Arbery have thrown into sharper relief the fact that things aren't working in our society, particularly for Black and Indigenous folks and People of Color (BIPOC). People are rethinking how institutions, communities, and public health come together in cities and neighborhoods in new and previously unimaginable ways. We invite you to join The Democracy Collaborative (TDC) and the Anchor Collaborative Network (ACN) for a week of virtual learning and place-based organizing to rebuild local economies around shared ownership and racial justice. Given the immediate needs and opportunities facing communities, we are opening the biannual convening of the ACN beyond network members to other leaders who are convening, participating in, or planning efforts to expand equitable community ownership and power as an alternative approach to local economic development. Over the past 20 years, TDC and our collaborators have developed community wealth building as a systemic, place-based alternative to the "no-placeness" of extractive, corporate capitalism. At a time when a historic economic and public health crisis is widening the racial wealth gap and disproportionately affecting communities of color, community wealth building poses a viable alternative to the kind of trickle-down economic development practiced in cities across the country and world. This reimagining of local economies as owned by and operating for the benefit of communities, particularly those most marginalized and excluded from opportunity, is taking root in communities across the world in diverse and creative ways. The Community Wealth Summit will feature leading thinkers and practitioners in the community wealth building movement and highlight the work of our virtual host, the DC Community Anchor Partnership (DCAP). In addition to sharing practical lessons and examples, the Summit offers opportunities for participants to connect with others in their community around a shared vision of a flourishing and just society for all.
Who Should Attend?Community wealth building is a systemic approach to transforming local economies that involves a range of existing and novel institutions prioritizing, investing in, and advocating for the benefit of the most disadvantaged and marginalized within communities. The week-long arc of the Community Wealth Summit is designed for those working on or interested in supporting coordination of change across institutions, including anchor institutions, local governments, community groups, and funding institutions among many more. The summit is also designed to involve those partner institutions in targeted conversations and work sessions to discuss and imagine their sectors' roles and contributions now.
Suggested Programs For PartnersRecognizing the time commitment and short notice, the suggested programs for partners are streamlined to the following (all times are EDT): Monday, July 6 (Open to all)
- 1 p.m.-2:30 p.m. – Recovering from COVID-19 and systemic racism with community wealth building
- 3 p.m.-4:30 p.m. – The work underway in Washington, D.C. to shift how institutions build community wealth.
- 1:30 p.m.-2:30 p.m. – A panel of minority-owned business and nonprofit leaders sharing how they see the DCAP initiative growing their impact.
- 2:45 p.m.-4:45 p.m. – A presentation and work session exploring how impact, metrics, and data intersect in community wealth building work. It will pick up the work of the ACN Strategies to Get to Systems Change and Collaborative Success Factor Working Groups to ground the discussions on data and metrics in the theories of transformation guiding our collective strategies.
- Community Partners – Wednesday, 1 p.m.-2:30 p.m.
- Local Government – Wednesday, 3 p.m.-4:30 p.m.
- Funding Institutions – Thursday, 1 p.m.-2:30 p.m.
- Anchor Institutions – Thursday, 3 p.m.-4:30 p.m.
- 1 p.m.-3 p.m. – Closing session to synthesize the week and meet in place-based groups to envision local possibilities.