Anchor institutions in Baltimore are working to strengthen minority and local purchasing to create jobs and local economic opportunities. To improve internal policies and practices, Next Street, U3 Advisors, and ML Whelley, LLC are completing reports assessing the budgetary, policy, infrastructure, and planning processes at five Baltimore anchor institutions.  Participating institutions include LifeBridge Health, Maryland Institute College of Art, Notre Dame, University of Maryland Medical System, and the University of Maryland-Baltimore. Common findings, strengths, challenges and...

Realizing the purchasing power of anchor institutions to support local businesses and in turn create jobs is the focus of this new report, Authored by Karp Resources, the report explores food procurement processes in anchor institutions, and identifies a range of strategies to more fully realize local purchasing power. The report recommends actions to support local minority-owned and small businesses, modifications to procurement processes, and outlines legislative opportunities to connect purchasing power to businesses in reinvestment areas. Many of the recommendations are applicable not...