Investing in Racial Equity | April 29, 2024

Common Future accelerates leaders for worker ownership, housing rights and ‘cannabis justice’

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

Common Future is keying in on good jobs and sustainable livelihoods for its 2024 accelerator cohort. Among the 10 Black and Latina-led organizations is Cooperation New Orleans, which sets up worker-owned cooperatives in poor and working class communities of color. Worker Justice Wisconsin is connecting faith-based and labor organizations to strengthen worker rights activism and incubate cooperatives in the state. Fit to Navigate facilitates pathways to entrepreneurship and sustainable wages for formerly incarcerated Ohioans.

Forward Cities is building local support networks for entrepreneurs launching and growing businesses. ReMix IDEAS is strengthening the entrepreneurial ecosystem for Black business owners in Arkansas, while WisConnect is helping Black women scale their businesses in Illinois.

The racial equity-focused investor is also supporting CannaBronx, which is working to ensure that communities most affected by the criminalization of marijuana benefit from New York’s emerging cannabis industry. Black Wildflowers Fund supports Black educators in pursuing leadership positions and designing new school and education models. Justice for the People is representing and empowering communities to advocate for their legal housing and land rights in Colorado.

Common Future’s cohort is supported with $500,000 in grants and coaching.

Disclosure: Common Future is an investor in ImpactAlpha.