By: Ethan Woodfill
Seven Black-owned construction business owners and contractors are learning how to grow their companies through a program offered by Bridgeway Capital, a community development nonprofit.
The 2023 Building Growth Cohort is part of Bridgeway Capital’s Building Inclusive Development program, which helps to alleviate challenges associated with bidding for contractors and acquiring real estate for developers.
Each participant will complete a free six-month intensive course to increase profitability and success for their emerging or established business. The program began in February and will run until August.
While the cohort initially was intended to accommodate five participants, the overwhelming applicant pool pushed Bridgeway Capital to expand the group. Bridgeway staff and other Pittsburgh-area industry experts will help guide the program.
“The sessions will enable this group of diverse, dynamic contractors to take their businesses to the next level,” says Roderick Ramsey III, program manager for Building Inclusive Development at Bridgeway Capital. “Their skills are already unmatched, they are active in their communities and now we can provide them the education and support they need to grow the financial and operational fundamentals of their businesses.”
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