A multi-year grant from Bank of America will help two local nonprofit organizations expand their workforce and employment services in Chicago’s underserved communities. Allies for Community Business and Skills for Chicagoland’s Future have been named as the 2022 Bank of America Neighborhood Builders® awardees for their work to remove economic barriers and advancing economic opportunity in the Chicago area. Neighborhood Builders is a highly competitive, invitation-only program, and organizations are selected by a committee comprised of community leaders and past Neighborhood Builders honorees. Each organization receives a $200,000 grant over two years, comprehensive leadership training for the executive director and an emerging leader on topics ranging from increasing financial sustainability, human capital management and strategic storytelling, joins a network of peer organizations across the U.S., and gets the opportunity to access capital to expand their impact.
Allies for Community Business (A4CB) is a nonprofit Community Development Financial Institution located on Chicago’s West Side that provides the capital, coaching, and connections entrepreneurs need to grow great businesses that create jobs and wealth in their communities.
Skills for Chicagoland’s Future employs a jobs-first approach to workforce development and support, working to close the workforce opportunity gap for Black and Brown Chicagoans. By partnering with corporations throughout the Chicago area, Skills for Chicagoland’s Future places individuals in good-paying jobs that provide a pathway toward economic security and mobility.
Photo Credit: Bank of America