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Shared Sustainable Prosperity in Minnesota An Action Oriented Model. We can build this together!. www.OneMN.org. Shared Sustainable Prosperity. Shared Sustainable Prosperity is a framework and process to develop economic assets in a community in a way that is:
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Shared Sustainable Prosperity in Minnesota An Action Oriented Model We can build this together! www.OneMN.org
Shared Sustainable Prosperity • Shared Sustainable Prosperity is a framework and process to develop economic assets in a community in a way that is: • Wealth building – personal and community • Inclusive • Sustainable • Innovative • Nonviolent • Nonpartisan • Multiethnic • Collaborative • Community Building
Why today? Why Now? • Climate of acute economic and cultural anxiety pushing people into an “US versus Them” framework. • Progress needs to reach the person on the street without power • Local communities need to be active in growing economic assets in their neighborhoods • Need to move beyond rhetoric, name calling and categories to craft a practical plan for economic empowerment and growth • There needs shared sustainable prosperity for all
Core Strategy • Build personal and community economic assets • Business • Skills • Financial assets • Long term – Homes, equity etc • Short term – credit building, financial and estate planning • Build the economic infrastructure around economic assets • Transportation • Access to capital and product development • Access to business networks • Access to markets • Support services • Laws, rules and regulations
Shared Sustainable Prosperity in Minnesota An Action Oriented Model We can build this together! www.OneMN.org
5 Core Values Wealth Building – the process should build economic, skills/credentials, financial, and community wealth. 01 Sustainable – wealth creation should be sustainable as well as environmentally sound 02 Inclusive– Exploring ways to include all in the wealth building process and build community 03 NonViolence– Building community through nonviolent action 05 04 Innovation – the process should help nurture innovative and creative solutions.
Grow Economic Assets 1 3 Economic Infrastructure Economic infrastructure for wealth creation for shared sustainable prosperity Business Business by sector, size and employment Grow Economic Assets Sustainable Shared Prosperity Process Skills Build portable, functional skills. Collaborative Process and Accountability Infrastructure 2 4
Shared Sustainable Prosperity Community Process Community Analysis, Plan, Implementation Policy Leader Engagement Accountability Dashboard Data Gathering & Expert Analysis 1 Policy makers at different levels review community plan and work on implementation Lead: OneMN.org Key Economic Assets Lead: Academics Key stakeholders and community input on choice of strategy to build wealth and work on implementation Lead: Community Progress achieved is documented in dashboard for policy engagement Lead: OneMN.org 2 Shared Prosperity Local Process 3 4
Data on Economic Assets at Various Levels for Community Engagement State 1 Legislative/Congressional District 2 City/County 3 Precinct/Ward/Neighborhood 4
Accountability Structure Governor/State Representatives Congressional Representative. Mayor City Council County Representative. Other Local Government
Our Shared Prosperity Network Economic Capacity Shared Economy Sustainable Shared Prosperity Community Building Tools. Political Mobilization Economic Empowerment Buy Local. Buy Ethnic Shared Economy • SCRYP – Currency of Cooperation • Community Trust, EveerybodyIn • Skills to Jobs • Color the Vote • Redistricting 2020 • 10 percent campaign
Shared Sustainable Prosperity in Minnesota An Action Oriented Model We can build this together! www.OneMN.org
Example: Precinct Level Engagement What do we know about the economic assets in Precinct ? How do we grow them?
Example: Union Park District Council Economy • Consumer Power • Business • Land Use Patterns • Tax Base • Non Profit • Housing Stock • Workers
The Micro EconomyUnion Park District Council Economy • 18,405 + people • Increasingly diverse • Older, Higher Income, Less Poverty, Younger workforce, higher educational levels than St. Paul • 1000 + businesses • 150 + non profit, government, civic groups • $288 million in consumer power • $44 million in annual state and local taxes • $2.6 million in monthly rental payments • 7,457 housing units, 6.3 % vacancy rate • 3 universities, 2 high schools • Most work in the Twin Cities • A third moved into home in the past decade • 49 percent of occupied housing units are rental properties • 66 percent of housing built before 1939
Strong Business PresenceMeriam Park –A (249)UPDC Source: Reference USA, Map developed using Batchgeo.com
Non Profit, Education, Social Services UPDC (141) Source: Reference USA, Map developed using Batchgeo.com
Collaborating Partners • Minnesota Indian Business Alliance • Metro Independent Business Alliance • Common Cause • Roy Wilkins Center, Humphrey Institute • Minnesota Broadcasters Association • Everybody In
Shared Sustainable Prosperity in Minnesota We can build this together! OneMN provides the data and framework for action. OneMN provides the large collaborative statewide platform for all partners Local community leadership evaluates options and adopt a plan for implementation and monitor success Collaborative partners offer various community tools such as voter mobilization (Color the Vote), economic development trust, SCRYP, Buy Local Buy Ethnic campaign www.OneMN.org
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