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Expanding Opportunity: Investing in Employment Social Enterprise

April 7 @ 12:00 pm 5:00 pm EDT

Father and son at event

On Thursday, April 7, 2022, the Federal Reserve Bank of New York, in partnership with the nonprofit REDF, will host a hybrid event, “Expanding Opportunity: Investing in Employment Social Enterprise.” This event focuses on the significant economic benefits of expanding job and career opportunities for people who often encounter hurdles to employment, including people who have experienced incarceration, homelessness, foster care, and other challenges.

The event will begin, for in-person attendees, with the screening of a documentary, “The Road Up,” which follows four participants in a Chicago job-training program. Remote attendees will receive a link in advance to view the 93-minute film electronically. The screening will be followed by a discussion with one of the film’s creators, Greg Jacobs.

Panelists will discuss how capital has fueled the growth of New York-area employment social enterprises, which are organizations that employ people who have historically been shut out of the workforce, while also producing goods and services that positively impact their communities.

The event is being held as part of the New York Fed’s focus on three areas affecting community developmenthousehold financial well-beingclimate-related risks to low- and moderate-income communities, and the social determinants of health.

This event is open to the public and media. Attendees can register to attend either in-person or virtually. All remarks are on-the-record and the event will be livestreamed with a recording to be made available afterwards. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Agenda


12:00-1:30 pm ET

Pre-Event Film Screening: “The Road Up” (Siskel Jacobs Productions)

Introduction by Maria Kim, President and CEO, REDF

In-person attendees will view film; remote attendees will receive an email, in advance, containing a link to view the 93-minute film.

1:30-2:00 pm ET

VIRTUAL PROGRAM BEGINS

Director’s Chair: Interview with Greg Jacobs, Director of “The Road Up”

2:00-2:15 pm ET

Opening Remarks

David Erickson, Head of Outreach & Education, Federal Reserve Bank of New York

Javier Silva, Community Development, Federal Reserve Bank of New York

Maria Kim, President and CEO, REDF

2:15-2:45 pm ET

The Big Picture—Employment Social Enterprises

Chet Hewitt, President and CEO, Sierra Health Foundation

Maurice Jones, CEO, OneTen

2:45-3:45 pm ET

Panel Discussion: Connecting Capital

Carrie McKellogg, Chief Program Officer, REDF moderator

Donnel Baird, CEO and Founder, BlocPower

Amy Chasan, Founder and Owner, Sweet Generation

Alberto Garofalo, President, Bank of America New Jersey

Mike Lohr, Vice President, Urban Investment Group at Goldman Sachs

Dan Rhoton, Executive Director, Hopeworks

3:45-4:05 pm ET

Dialogue from the Field

Seung Kim, Vice President, Economic Development Programs, Local Initiative Support Corporation (LISC)

Brenda Palms Barber, President and CEO, North Lawndale Employment Network

4:05-4:15 pm ET

Closing Remarks

4:15-5:00 pm ET

Reception


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Location

Virtual and in-person.

33 Liberty Street
New York, NY 10045 United States
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(212) 720-5000
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