Learn how our acquisition of CCL, Policy Incubator, Accelerator, and investment in SOCAP support building an equitable economy.
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Dear John
At Common Future we’re building a future where all people—no matter their race and class—have power, choice, and ownership over the economy. But to imagine an economy where power is not concentrated in the hands of the few requires bold and transformative long-term solutions led by those most directly impacted by injustice.
Over the past few weeks, we’ve acted boldly on this belief. First, we acquired Community Credit Lab ([link removed]) , an organization at the forefront of community-first investing. With this acquisition there will be additional capacity and infrastructure for community-driven capital deployment initiatives and ongoing analysis of what works in order to push for change among funders and investors.
We released our latest insights ([link removed]) from the Common Future Policy Incubator ([link removed]) , specifically around how policy funders can create outsized impacts by funding early-stage policy actors. We then led a session to introduce the work of Common Future’s four brilliant policy entrepreneurs: Roque Barros, Keneshia Raymond, Bree Jones, and Trevor Smith: “Charting a New Path Forward For Inclusive Economic Policy, ([link removed]) ” and recorded the panel to share it with you all.
We launched the Common Future Accelerator, which is accepting applications until today, October 11, 2022, at 11:59 p.m., PST. The program’s founder wrote a personal account ([link removed]) on the struggles she faced as a young, BIPOC entrepreneur, and how she designed this program to fight inequities so often faced by BIPOC founders.
And finally, we’ve announced our investment in SOCAP ([link removed]) , ensuring we shape the future of impact investing and continue stepping into our own power, not as grantee and convenor but as investor and partner.
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** Big News: Common Future is Acquiring Community Credit Lab ([link removed])
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○ Common Future Staff, Common Future
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** Building a More Democratic Economy and Finding Political Voice ([link removed])
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○ Lauren Paul, Common Future
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** Charting a New Path Forward for Inclusive Economic Policy ([link removed])
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○ Lauren Paul, Common Future
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** To Close the Racial Wealth Gap, BIPOC Entrepreneurs Need Tailored Support ([link removed])
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○ Andrea Perdomo, Common Future
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** Common Future shifts from investee to investor and takes a stake in SOCAP ([link removed])
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○ Amy Cortese, ImpactAlpha
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This newsletter marks the end of the year from the Common Future Newsletter Team, but we’ll be back in January in full force, sharing insights, updates and so many more exciting projects in the works.
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With love,
Cristina Díaz Borda
** Upcoming Events
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** Applications Close Today!
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** October 11, 2022, at 11:59 PM, PT
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The Common Future Accelerator ([link removed]) is to support BIPOC-led organizations with $50k in unrestricted funding, mentorship, etc. for solutions to close the racial wealth gap.
APPLY HERE ([link removed])
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** SOCAP '22
Voice into Action: Integrating Community Expertise into Investment Strategy and Structure ([link removed])
October 19, at 1:15 PM, PT
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Common Future Director of Capital Strategies, Eric Horvath, will join Common Future Policy Fellow and Director of Programs & Access to Capital, Keneshia Raymond, Native Women Lead’s Co-Director Jaime Gloshay and Orrick attorney Walter Alarkon for a panel about impact capital at SOCAP ([link removed]) .
LEARN MORE ([link removed])
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** bigBang! 2022
October 21 at 12:15 PM, CT
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Don’t miss Common Future Director of Capital Strategies, Eric Horvath, and CEO of Roadhorse, Vanessa Roanhorse speaking about regenerative economies at bigBand! ([link removed]) in Dallas, TX.
REGISTER HERE ([link removed])
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** TENWEST Impact Festival
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** November 3, 12:30 PM, PT
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Join Common Future Director of Capital Strategies Eric Horvath and Managing Director of Community Credit Lab and Common Future Investments, Sandhya Nakhasi, for Alternative Capital: Founders and Funders at TENWEST ([link removed]) , an impact conference in Tucson, AZ.
REGISTER HERE ([link removed])
We hope you’ll take this time to reflect with us and share what we’re doing to create a more inclusive economy. Like the stories you read? Share them with your network on social and be sure to tag @commonfutureco ([link removed]) .
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