Atlanta Wealth Building Initiative

Leveraging ideas, people and capital to close the racial wealth gap and achieve shared prosperity.

General Information
Company Name
Atlanta Wealth Building Initiative
Founded Year
2017
Location (Offices)
Atlanta, United States +1
Founders / Decision Makers
Number of Employees
14
Industries
Wealth Management
Funding Stage
Grant
Social Media

Atlanta Wealth Building Initiative - Company Profile

Atlanta Wealth Building Initiative (AWBI) is a pivotal intermediary in the effort to close the racial wealth gap and promote shared prosperity. Founded in 2017, the company is dedicated to leveraging ideas, people, and capital to transform Atlanta's economic ecosystem and create opportunities for African Americans and people of color. AWBI operates as a community of investors, advocates, and activists, committed to challenging systemic bias and introducing new systems and structures of capital to drive impactful change.

AWBI's mission revolves around promoting community wealth-building strategies and cultivating the necessary engagement, capacity, and leadership to shape a new economic narrative in Atlanta and across the South. The organization endeavors to reconceptualize the economic landscape by integrating the economic well-being of the most disenfranchised families and communities into the strategy and operations of various sectors, from small businesses to large corporations, anchor institutions, philanthropy, nonprofits, and government.

The latest investment in AWBI came in the form of a $250.00K grant from the MetLife Foundation on 05 December 2023. This support further validates the significance and potential impact of AWBI's mission and initiatives in addressing the racial wealth gap and fostering shared prosperity. As AWBI continues to tread the path of transforming systems and structures of capital, its dedication to reshaping the economic landscape remains unwavering.

Taxonomy: community wealth building, racial wealth gap, economic empowerment, systemic bias, impact investing, social justice, capital re-engineering, economic development, advocacy, Atlanta, socioeconomic inclusion

Funding Rounds & Investors of Atlanta Wealth Building Initiative (1)

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Funding Stage Amount No. Investors Investors Date
Grant $250.00K 1 05 Dec 2023

Latest News of Atlanta Wealth Building Initiative

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No recent news or press coverage available for Atlanta Wealth Building Initiative .

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