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Buying Back Our Communities
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Buying Back Our Communities

Grant Proposal Narratives

 

 

Mission

The mission of Buying Back Our Communities (BBOC) is to provide new self-sufficient, self-sustaining communities for all African-Americans, American Autochthonous, Modern Day Abolitionists and Afro-Latinos.

 

Vision

Social enterprise scaled up to accelerate financial inclusion in Black Communities throughout North America.

 

Statement of Need

In 2016, the average Black American family had a total wealth of $17,600. This is about one-tenth of the wealth of the average white American family ($171,000).[1] This large disparity provides less financial security for Black Americans. African Americans are underrepresented in the market of financial products and services. There are over 2.6 million Black-owned companies in the U.S., but 46% of Black business owners employ 2-5 people.[2] A 2018 survey only 0.2% of venture capital went to startups run by Black women in 2016.[3] As a result, many Black business owners must raise capital themselves to start their businesses or receive funding from their friends and family.

There is a severe scarcity of Black owned businesses in the United States. Black people do not have the opportunity to keep their dollars in the community. Asian people can keep their dollar within Asian communities for 28 days before releasing it; white people 23 days and Jewish people 21 days. The Black community can hold onto their dollar for six hours before releasing it to an economy that largely discriminates against them.

The impact of slavery, racism and exploitation in the Black community have long-lasting effects on the economic growth of Black Americans. The slow increments of progress to equality leaves millions of Black Americans vulnerable. Unequal systems of education, employment, business opportunities, financial products, access to healthcare, and criminal justice provide little opportunities.

According to the Institute of Policy Studies, “it will take Blacks 228 years to close the racial wealth gap”.[4] Statistics show that Blacks are struggling to build wealth, but they are still spending money. In 2018, Black communities had a $1.2 trillion buying power. Across the United States, Black communities are feeling the strain from the inequality. Black families are continuing to fall apart, violent crime is growing, and mass incarceration is trapping millions of Black men in prisons.

 

Solution

“Get Organized and you will compel the world to respect you” (Marcus Garvey). The status quo offers no acceptable and realistic solutions for social justice and racial equality. The current projection of 228 years for Blacks to close the racial wealth gap is unacceptable. BBOC wants to accelerate financial parity by creating large collaborative networks of Black-owned businesses. The collaborative network will include healthcare networks, consumer goods, farms, services and banks will help Black communities invest in Black-owned businesses. A large network of Black owned goods and service based businesses will allow Black buying power to fuel economic growth and stability. In addition to a national network of Black owned businesses, the creation of a Black owned bank that can provide financial services and products is essential to success. Financial products and services are needed along with a large marketplace to help money within the Black community.

 

The network of Black owned businesses and nonprofits will bridge the gap and ultimately eliminate the economic and social inequality. BBOC will also organize advocacy for public policy, criminal justice, and voting rights reform. Advocacy and lobbying will seek to invoke changes in state and federal laws that will benefit Black communities.

BBOC will establish the barter system and trade among Black communities. Primary focus will be to ensure all Black communities have the basic needs to thrive. Internal trading will also ensure that communal wealth will be maximized within the communities. The internal trade routes/system will correlate with a BBOC National Trading System. BBOC community trading will be designed for a national trading system.The economic wealth that is saved through internal and interstate trading will help propel BBOC to an International platform.

In addition to a Black marketplace, BBOC will construct autonomous communities. The communities will provide the basic necessities including food, shelter, education, security, and healthcare through networks of Black owned businesses and nonprofit organizations. A BBOC Nationalization program we will address the Post Traumatic Slave Syndrome (PTSS) and the economic struggles that have plagued our communities for centuries. Communities will serve as a refuge and safe haven for those impacted by institutionalized racial violence.

BBOC will focus on revitalization in urban areas, and developing new commercial and residential zones. New developments will be located in both rural areas and near large metropolitan cities. Development will focus on industrial, agricultural and residential areas. Industrial and agricultural developments will rely on apprenticeships programs. Developments will help secure supply chains for Black-owned products and services. Revitalization projects in urban areas will restore security, increase property value, and spark economic activity vital to growth.

Communes and collectives will help sustain the BBOC network. Communes and collectives are an important component to sustaining farms, agriculture and livestock. There are currently over 100 volunteers a part of the BBOC movement. Volunteers have organized 240 small businesses committed to the mission of BBOC. Additional support include 40 different health care providers and 50 holistic wellness providers. Volunteers will continue to expand the network of small businesses and healthcare providers.

To foster social enterprise, BBOC will create mentor and apprenticeship programs of Black entrepreneurs. Programs will include a broad range of careers paths including technology, manufacturing, software programming, engineering, construction, civic leadership, visual arts, business administration, agriculture and finance. Mentor programs will include healthcare providers. Including multicultural and multilingual healthcare providers is essential for the health and wellness of BBOC members. Providing a Black healthcare network will be a large objective of the BBOC project. Volunteers have made adding healthcare providers a priority

Goals

Primary goals of the project are economic equality and improved general quality of life for Black communities. Project objectives include reduced Black incarceration, reduced racial violence, and reduced incidents of police violence. Additional goals include improved wages, employment, graduation rates, college enrollment, mental health, general health, and social justice. Project goals estimate that the BBOC can help close the racial wealth gap by 2050.

 

BBOC will implement strategies to change public policy and criminal justice reform to end racist police profiling, police violence, and mass incarceration. Objectives for criminal justice and public policy reform includes reduction to police violence and incarceration on state and federal levels.

Social enterprise objectives include adding over 5,000 Black owned small businesses to the BBOC network, 1,000 Black healthcare providers, and the creation of a Black owned bank.

Evaluation

To evaluate project outcomes, BBOC will look at local, state and regional statistics of households, Black owned small businesses, employment rates, graduation rates, college graduation rates, incidents of police violence, and incarceration rates. BBOC will use national public data from the Institute of Public Studies, Pew Foundation, Federal Reserve, the U.S. Census, the Department of Justice, and the Prison Policy Initiative. 

 

In addition to large scale surveys, BBOC will circulate and collect needs assessments and evaluation questionnaires from community members. Needs assessments and evaluation questionnaires will measure improvements to mental health, general health, and quality of life. Needs assessments will provide a real time evaluation on service and resource gaps needed in the BBOC network.

 

BBOC will provide quarterly and annual evaluation reports to track and update project outcomes. Internal controls will streamline a system to compile and analyze needs assessment and evaluation questionnaires. Reports will be available to all interested parties.

Timeline

Everything is now! There’s no other time.

We project to raise $20M by January in order to inform our American People of our initiatives

Project Leadership

HE Nasiy Dabar Emiel Oz Ben Emmanuel 33 years of perfecting love Nation of Praise Salvation President Pro Temp (unrecog)

Yanaib Ban Yasharala 20 years of military and private Logistics, Successful Youth Boxing Team Owner

Kyulah Ben Yahshurun career media and finance, Chairman of Nation of Yahshurun (recog by AU)

Ouraddi.org projected membership 1 million

BlackFolkPlan.com 600+ Black American Nationalist organizations

Saint Michael Ewers II

Summary

We are raising funds to amplify our message to the people who can make this law, the american people. They will need to call their political leaders to inform them that they want this plan for Reparations as law. Asheville, NC, Evanston, IL, California, Georgetown University and many others have taken the lead in the Reparations movement. We're going to need the people of the United States to become aware of these successes and to shut down the phone lines of their politicians to request this program. We will be utilizing 99% of the proceeds we raise to hire a number of marketing masters such as the Spectacular Academy, and many others. Our ultimate objective is to prevent a Civil War. Please and Thank you!

 

 

 

 

 

 

 

[1]
                [1]
2016 dollars; 2016 Survey of Consumer Finances, The Federal Reserve, September 2017, federalreserve.gov.
 

[2]
                [2]
Selena Hill, “ Survey Takes a Look at the Trends and Challenges of Black Business Ownership”, Black Enterprise, Aug 15, 2018
 

[3]
                [3]
Selena Hill, “More Black Women Founders Are Raising $1 Million in Venture Capital: Report”, Black Enterprise, June 14, 2018
 

[4]
                [4]
https://ips-dc.org/wp-content/uploads/2016/08/The-Ever-Growing-Gap-CFED_IPS-Final-2.pdf
 

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