LIA, partners score $42.5K grant for inclusive economic development

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TheLongIslandCommunityFoundationawardedthe LongIslandAssociationanditspartnersa$42,500 granttofosterinclusiveeconomicdevelopment.The fundingwillsupporttheLIAandpartnering organizationstheLongIslandAfricanAmerican ChamberofCommerceandLongIslandHispanic ChamberofCommercetodevelopaplanthatwould serveasaroadmapforimplementation.

LastJune,theLIAlauncheditsSmallBusinessSupport Program,collaboratingwiththetwopartner organizations,aimingtosupportandadvocateforthe region’sdiversesmallbusinesses.Withthegrantthe organizationswillworktoengagewiththeirmembers throughouttheyear,bothatquarterlyjointmeetings andatroundtablediscussionsandindividualmeetings. Thiseffortwillfosterdialogtoallowforfeedbackand bestpracticesonregionalcollaboration,marketingand outreachaswellasnavigatingchallenges.

Thethreepartneringorganizationswillalsoreachout tootherbusiness-supportorganizationsforinputand participation.

“TheLongIslandeconomywillcontinuetogrow, createjobsandbecompetitivewithotherregionsifwe canensureallsmallbusinessesarefullyparticipating, andtheLIAisexcitedtostrengthenourpartnership withtheLICF,LIAACCandLIHCCtosupportand provideresourcestooursmallbusinesscommunity whichisLongIsland’slifeblood,”MattCohen,LIA presidentandCEO,saidinastatement.

“LIAACCisreadytorollupoursleevestodevelopan actionplanbaseduponfeedbackfromourmembers abouthowwebestsupporttheirgrowth,PhilAndrews, presidentofLIAACC,saidinastatement.

“AsaparticipantintheU.S.SmallBusiness Administration’sCommunityNavigatorProgram,we canutilizethatexperiencetoinformthisplanthrough ourrelationshipswithlocalbusinessesfoundedby peopleofcolor,”headded.

“Hispanicsmallbusinesseshavefacedsignificant challengesduringthepandemicandarestillstruggling witheconomicuncertaintyrelatedtoinflation,hiring, supplychainissues,andotherfactors,”LuisVazquez, thepresidentofLIHCC,saidinastatement.

MATTHEWCOHEN:‘TheLongIslandeconomy willcontinuetogrow,createjobsandbe competitivewithotherregionsifwecanensureall smallbusinessesarefullyparticipating.’Courtesyof LongIslandAssociation

underservedcommunitywiththeresourcestheyneed toovercomethesechallengesinadditiontoidentifying themosteffectivewaystoprovidesupporttohavea positiveimpactonthewidercommunity,bycreating jobs,boostinglocaleconomies,andpromoting diversityandinclusion.aswesolidifyourimprinton LongIsland.”

“Ingoodtimesandhardtimes,smallbusinessesarethe foundationofvibrant,resilientcommunitiesand contributetothehealthandwell-beingofresidents,” Sol-MarieAlfonsoJones,seniorprogramofficeratthe LICF,saidinastatement.

“TheLongIslandCommunityFoundationisproudto supporttheleadershipoftheLongIslandAssociation, andAfricanAmericanandHispanicChambersof Commerce,”Jonesadded.“Thisinnovativeand inclusivepartnershipwillpromoteregional investmentsthatenhanceourregion’ssmallbusinesses andinstigatecommunitydevelopmentandwealth generationindiversecommunities.”

TheLIAwillengagetheStrategicPathwaysGroup,a minorityandwoman-ledfirmspecializingindiversity, equityandinclusionpracticestoconductworkunder thisgrant.Theteamcomprisessubject-matterexperts withover40yearsofindustryexperienceinthepublic andprivatesectors,includingFortune200,nonprofits, andpublicadministration.

“WelookforwardtocollaboratingwiththeLIA,LICF, LIAACC,andLIHCCtobuildcapacity,provide

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LIA,partnersscore$42.5Kgrantforinclusiveeconomicdevelopment FROMLIBN.COM

“Hispanic-ownedbusinessesareanimportantpartof theU.S.economy,contributingsignificantlytojob creation,innovation,andeconomicgrowth,”headded. “However,theyhavebeendisproportionatelyimpacted bytheCOVID-19pandemic,astheytendtobe concentratedinindustriesthathavebeenmostaffected bylockdownsandsocialdistancingmeasures.”

TheLICFgrant,hesaid,“willhelpprovideour

access,andcreateopportunitiesandconnectionswitha goalofgrowthandsustainability,”TraceyEdwards, partneratStrategicPathwaysGroup,saidina statement.

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