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 Below each working group recommendation is an initial list of County & City departments that have committed to implementation efforts. Quarterly progress updates for listed recommendations will be posted within thirty (30) days of the prior quarter’s end (Q3= July 1 – September 30, Q4= October 1 – December 31). This list will be revised and more information will be added in the future as we engage further with the County, City, and other community organizations.

BDK1R2
Working Group: Business Development
Key Issue: ACCESS TO CAPITAL
Recommendation: In partnership with local financial institutions, local government can create a guided pathway for MWBE borrowers, which connects them first to Community Development Financial Institutions (CDFIs) and then moves them to traditional financial institutions, as appropriate.
Get Involved
Owner Organization / Department Timeframe
City Finance / Purchasing 1-3 years
City Neighborhood & Business Development < 1 year
City Rochester Economic Development Corporation < 1 year
County Planning 1-3 years

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