CORPORATE PARTNERS FOR RACIAL EQUITY FORMS TO ADVANCE RACIAL EQUITY WITH 12 LOCAL FOUNDING BUSINESS MEMBERS
Partnership Identifies Equitable Education, Economic Opportunity and Safety and Justice as
Three Focus Areas in the San Antonio Community
SAN ANTONIO (Oct. 4, 2021) – Twelve San Antonio area business leaders joined efforts to form the Corporate Partners for Racial Equity with a mission of improving racial equity in the community.
The partnership’s founding members include:
As part of this effort, business members took a close look at racial equity disparities in San Antonio and recognized how complex and rooted they are. Over the last 12 months, more than 30 local and national leaders and experts provided their input around the current systemic disadvantages underserved groups face and how those factors influence nearly every aspect of life, from access to healthcare, housing, transportation, education and capital to involvement with the justice system. The community leaders also developed recommendations for meaningful collective action and selected community partners for execution moving forward.
Many of the founding business members are jointly contributing $13.8 million over the next five years to support initiatives for underserved people in three focus areas – equitable education, economic opportunity, and community safety and justice. The United Way of San Antonio and Bexar County, UP Partnership and the San Antonio Area Foundation are partnering with Corporate Partners for Racial Equity to execute the program’s investments into the community’s nonprofit organizations.
INITIATIVES FOR UNDERSERVED GROUPS
Invest in tutoring programs and STEM-related skills exploration opportunities for students of underserved communities. Offer educational, career and skill development opportunities that lead to living wage jobs. Further digital inclusion efforts that give families affordable access to quality technology and internet in their homes.
Deepen supplier diversity programs within the member businesses. Establish a non-dilutive capital fund to offer robust services and training to small businesses. Accelerate dual-generation efforts, including subsidizing early childhood education, family engagement activities and adult education, such as financial coaching, workforce training, certification programs, digital literacy programs, etc.
Safety and Justice:
Invest in wraparound services and violence prevention. Offer paid internships for justice-involved youth and young adults to advance fair chance hiring and create pathways for successful community reintegration.
If you want to learn more about Corporate Partners for Racial Equity, please complete the form below.