Completed firmwide anti-racist training for all staff to better institutionalize anti-racist best practices
Launched the third and largest grant program in Next Street history, providing grants to eight BIPOC-owned small businesses in Philadelphia, PA
Improved our communication efforts both internally and externally to keep ourselves and our partners accountable in advancing equity
Designed and deployed a suite of business development tools that integrate our anti-racist values into sales and partnership processes
Advocated and represented IIC on a number of internal initiatives, including creating career pathways and analyzing equity in headcount, compensation, and promotions
Launched a long-term compensation plan that reflects our anti-racist values
Onboarded new members to our Inclusive Impact Committee
Offered racial identity caucusing facilitated by Racial Equity Consultants
Engaged in a firmwide Antiracist training “Towards Liberation” with CrossRoads to help institutionalize antiracist frameworks and practices and make sure our processes are equitable across all departments
Awarded a second round of Inclusive Impact Grants to five small businesses owned by BIPOC entrepreneurs in Cook County, IL
Updated our Board of Managers to increase diversity and more closely reflect the communities we serve
Awarded inaugural Inclusive Impact Grant to five small businesses owned by BIPOC entrepreneurs in Cincinnati, OH
Following heightened awareness of violence against the Black community, we made additional commitments:
- Lay out our anti-racism statement as well as the commitments listed on this page
- Agitate for racial justice and system change through our individual and collective voice
- Assess and challenge our beliefs, internal practices, and ways of working, including hiring from diverse groups
- Act with partners to dismantle racist structures
- Account for our progress publicly through measurement and reporting
All staff completed an Anti-Bias Anti-racism training session facilitated by Crossroads, enabling us to monitor an important framework to map our progress as an anti-racist organization
Provided each employee with 2 days off per year to volunteer in support of causes of their choice
Building on our commitment to creating a more just future, we launched an Inclusive Impact Committee (IIC) to ensure diversity, equity, and inclusion remain at the forefront of Next Street’s operations.
The goal of the IIC was to ensure our firm, our culture, and our team strived to enable individuals from all identities and lived experiences to have boundless opportunity to fully participate in the US economy.
After a few years exploring our firm’s commitment to diversity, equity, and inclusion, we began exploring more formal routes, including having our leadership team complete certified Anti-Bias Anti-Racist Training.