What EIP Does
By signing our pledge, public agencies commit to actions that advance our mission to build generational wealth and reduce the racial wealth gap by creating more prime, joint venture and equity contracting opportunities for HUBs. EIP also works with federal, state and local government, as well as NGOs and the private sector.
EIP was founded by Denver International Airport CEO Phillip A. Washington, former US Deputy Secretary of Transportation John D. Porcari and others in anticipation of the $1.2 trillion Infrastructure Investment and Jobs Act and to answer President Biden’s call to leverage infrastructure spending to build wealth in underserved communities. Our work is supported by Social and Environmental Entrepreneurs, Social Impact Fund, HNTB and The James Irvine Foundation.
Let's Do Better Together
BLACK-OWNED BUSINESS REVENUE
As a share of the revenue generated by white-owned businesses
By federal, state, and local governments on goods, services and construction, making them key customers for businesses
Share of U.S. businessES with employees
Owned by Black, Hispanic, Asian or Native Americans
Share of all federal spending in FY2020
Spent on minority-owned small businesses