The JP UP Date: MLK And The Racial Wealth Gap

Katie ArnoldThe JP UP date

Number 153                        January 14, 2021                                   St. Louis

MLK’s Message of Economic Justice is a Call to Action for Every CDFI

“The time has come to civilize ourselves by the total, direct and immediate abolition of poverty.” 

 Martin Luther King, 1967

As we as a nation celebrate the legacy of Martin Luther King this weekend, we at Justine PETERSEN must not only celebrate his legacy, but continue the commitment to pursue economic justice for all.  King spoke of such salient economic inequality over 50 years ago, and here we are today still bearing witness to a racial wealth gap that persists, and may be widening on our watch.

Justine PETERSEN, along with peer CDFIs (community development financial institutions) across the nation, must answer the call to action to advance asset-building and wealth-building on every level, from credit-builder loans, to first-time homeownership, to the growth and expansion of small businesses.  We must interface with partners in mainstream finance and collectively solve the seemingly unrelenting pandemic of economic injustice. This is not about a vaccine. This is about a solution.

Join JP Staffer Marcus Bolden for “Creating Value” Virtual Training Friday, January 21

Creating reasonable and greater value for your products and services is the lifeline of any successful business. It’s what sets you apart from your competition, secures long-term customers, and brings distinct meaning to your brand and your company. Without creating reasonable and greater value for your products and services, your offering could be seen as an overpriced (or underpriced) offering that will not attract your target market.  Join Marcus Bolden, JP’s Business Assistant Team Manager, for a free, virtual training on Friday, January 21, 11:00 AM – 12:00 PM.  Register here!

JP Staffer Tristan Brown Offers Financial Asset-building Seminar thru Innovate Springfield/University of Illinois Springfield

Justine PETERSEN’s “boots on the ground” staffer Tristan Brown, based in Springfield, Illinois, recently presented a seminar thru Innovate Springfield that covered the fundamentals of financial asset-building.  Innovate Springfield, a part of the University of Illinois Springfield, is a catalyst for creating a collaborative space and community where ideas ignite, businesses incubate and social changemakers and entrepreneurs innovate.  Springfield, Illinois’ first and only university-led social innovation and business incubator, Innovate Springfield is a unit of the Center for State Policy and Leadership.

Join Tendai Morris of Healthy Hair Solutions for “Anamoly Fashion” Event this Weekend

JP small business client Tendai Morris of Healthy Hair Solutions will be participating in an energized fashion event this weekend organized by Jasmine Stocking, founder of Anomaly Fashion.  Covid safety will be practiced at the event that will feature an array of fashion products and even a runway show! Learn more about the event by clicking here.