{"id":111315,"date":"2022-03-14T15:39:42","date_gmt":"2022-03-14T19:39:42","guid":{"rendered":"https:\/\/ncrc.org\/?page_id=111315"},"modified":"2022-04-06T12:36:37","modified_gmt":"2022-04-06T16:36:37","slug":"artistic-and-culturally-significant-business-research-opportunity","status":"publish","type":"page","link":"https:\/\/ncrc.org\/artistic-and-culturally-significant-business-research-opportunity\/","title":{"rendered":"Artistic and Culturally Significant Business Research Opportunity"},"content":{"rendered":"\t\t
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The Kresge Foundation and the National Community Reinvestment Coalition<\/span><\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Artistic and Culturally Significant Business Research Opportunity<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Photo by: \u00a9 SeanPavonePhoto\u00a0– stock.adobe.com<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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CALL FOR VOLUNTEER PARTNERS \u2014 END DATE APRIL 15, 2022<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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NCRC is seeking to partner with members to learn more about the banking and credit challenges of businesses in the Black and Latino communities. In particular, we would like to connect with member organizations – advisors, lenders or partners – that work with small businesses that are culturally significant. Culturally significant establishments are essential to their communities, particularly communities of color. These businesses help shape safe, vibrant and welcoming spaces; provide valued goods and services that align with resident interests and needs, and both champion and preserve the cultural identity of the area it serves.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Your engagement as a member will inform NCRC\u2019s research on the current state of investment in these businesses and key promising practices to support growth and retention. In our recent report,\u00a0<\/span>\u201cThe COVID Pandemic and its Impacts on Culturally Significant Businesses,\u201d<\/a><\/span>\u00a0we interviewed Black business owners and learned how these businesses struggle to remain in business and how their role is important to the maintenance and replication of culture in their community. This project will culminate in the development of a report on our findings and recommendations as well as a national discussion with critical resource stakeholders.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Grant Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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With support from The Kresge Foundation, NCRC is offering three $5,000 grants to members who work with artistic or culturally significant Black- or Latino-owned businesses.\u00a0Selected applicants will be asked to identify 5 to 10 small business owners with at least one full time employee who can participate in a virtual convening to discuss the challenges they encounter in operating and expanding their businesses.<\/strong>\u00a0The convening will be approximately two hours. Each business participant will receive a $100 gift card for participating. Organizations must also send one representative to NCRC\u2019s Just Economy Conference, June 13-14 in Washington, DC. The $5,000 grant will be awarded after NCRC staff evaluates each submission for the best overall fit with the project aims.<\/p>

The data you provide will be collected by NCRC for a research study, which NCRC plans to publish in a report. Your information will remain confidential and NCRC will take reasonable precautions to anonymize responses and data from participants to remove personal identifiers (names, addresses, business names, etc.) prior to publication. NCRC will require you to sign a release prior to your participation in the virtual convening, which will be broadcast, recorded, and\/or live streamed.<\/p>

For the convening, NCRC is particularly looking for small,\u00a0culturally-significant\u00a0businesses that are Black and\/or Latino-owned and\/or contribute to the art, culture and creative economy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat\u2019s a culturally significant business?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t
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NCRC defines a business to be culturally-significant if it fits into the following criteria:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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  1. History<\/strong>\u00a0\u2013 The length of time the business has been in the community.<\/li>
  2. Location<\/strong>\u00a0\u2013 The value or importance of the place where the business is located. The community can gather there and be comfortable, sharing experiences and information.<\/li>
  3. Function<\/strong>\u00a0\u2013 The\u00a0particular goods\u00a0and services offered by businesses are important or serve specific needs of the community or they reproduce the culture of the community.<\/li>
  4. Relationships<\/strong>\u00a0\u2013 The staff or owners engage in meaningful, often sustained, interactions with residents and patrons.<\/li>
  5. Political and economic context<\/strong>\u00a0\u2013 There is a historical persistence of inequality and unfairness for businesses and the communities from which they hail.<\/li>
  6. Symbolism<\/strong>\u00a0\u2013 There have been pivotal factors that have coalesced into cogent representations for the business owner and the community they serve or where they are located.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Arts and culture-related businesses can be defined as those within the following categories:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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