On Wednesday, May 1, the Los Angeles County Department of Economic Opportunity (DEO) held a Virtual Briefing announcing a partnership with 15 local community-based organizations to launch the Economic Mobility Initiative (EMI), a $25 million investment to support the startup and growth of local entrepreneurs, businesses, and nonprofits.
The EMI will focus on serving women-led and Black Indigenous People of Color (BIPOC)-owned small businesses and connecting them to wealth-building opportunities. (Courtesy Photo)
