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Scaling financial intermediary strategies to advance job quality and small business prosperity
Good jobs and strong businesses are vital to the well-being of communities across the country. In today’s economy, however, millions of workers struggle in poor-quality jobs, while small business owners face challenges finding and retaining the employees they need to thrive.
Shared Success, a project of the Aspen Institute Economic Opportunities Program (EOP), is grounded in the understanding that building better jobs and building stronger businesses go hand in hand. Supported by a $12 million investment from the Gates Foundation, EOP partnered with 11 community lenders to integrate job quality programming into their small business support services. These lenders — each working in distinct communities across the US — demonstrate that there is no single model, but rather many ways organizations can help small businesses thrive through a job quality approach.
This Q&A provides insights and lessons from the work of 11 CDFIs that participated in Shared Success, a job quality demonstration led by the Aspen Institute Economic Opportunities Program (EOP).
This infographic shares statistics on impact of the Economic Opportunities Program’s Shared Success demonstration. Dive into a detailed breakdown of the diverse businesses and entrepreneurs involved in this work.
The Aspen Institute Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy.
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