Multicultural Community Investment

Grow America’s MCI is an initiative developed with generous support of the W.K Kellogg Foundation

Taking our place within a national commitment to redress the historic and stubborn economic inequities for people of color.  Connecting the broad range of Grow America’s development services – finance and lending, training and capacity building, technical assistance — to a local ecosystem of partners and stakeholders in communities of color.   

We counsel – providing strategic guidance and technical assistance for community development, with more than 50 years of bringing development and capital to underserved communities throughout the country.  

We lend – to younger businesses owned by BIPOC and women, with pre-loan counseling, mentoring, training and coaching. To more established businesses owned by BIPOC and women, with larger patient, flexible loans of more than $150,000.  To strengthen the economic base of the community, provide jobs and build civic strength. 

We invest – in affordable housing, in community facilities, commercial and industrial economic development projects to enhance economic opportunity and neighborhood strength.  

We train – building the capacity of small business owners, of community-based developers, of local development professionals – so they can maintain and expand their roles in job creation, community building and civic health. 

We build – as development partners with local developers, as providers of social infrastructure.  

MCI functions only within a local ecosystem of residents, organizations, institutions and businesses.  Local leadership and stakeholders identify their priorities and harness Grow America’s resources to meet them. 

Made possible by the support of the W.K. Kellogg Foundation, MCI is a national program, initially targeting these areas.  Contact us about becoming a participating community.

 

About the W.K. Kellogg Foundation: The W.K. Kellogg Foundation (WKKF), founded in 1930 as an independent, private foundation by breakfast cereal pioneer, Will Keith Kellogg, is among the largest philanthropic foundations in the United States. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life. The Kellogg Foundation is based in Battle Creek, Michigan, and works throughout the United States and internationally, as well as with sovereign tribes. Special emphasis is paid to priority places where there are high concentrations of poverty and where children face significant barriers to success. WKKF priority places in the U.S. are in Michigan, Mississippi, New Mexico and New Orleans; and internationally, are in Mexico and Haiti. For more information, visit www.wkkf.org.