In the 1970s, downtown Indianapolis had two hotels and a hog processing plant alongside the White River. Then-Mayor Dick Lugar and a group of business leaders reinvented the city’s future by declaring it the “amateur sports capital of the world” and transforming downtown into the world-class sports and entertainment distict that it is today. Click here for more on the downtown turnaround.
Today, the challenges reach outside the square mile of downtown. Understanding that there are no great cities without great neighborhoods, Commonwealth Indianapolis is building impact investing deals to bring more economic opportunity all across the city.
Commonwealth is a city-based platform designed to accelerate the supply of high impact investing opportunities.
Through two techniques — a venture competition and an online marketplace — Commonwealth will create first-ever visibility into the quality deals that already exist and use its consulting services to make these businesses more market-ready.
There are no great cities without great neighborhoods.
Yet, too many of our neighbors are facing increasing threats from crime, food insecurity, inferior K-12 education, and unemployment. Commonwealth partners with Sagamore Institute to conduct projects to advance innovative solutions to these challenges and to supply groundbreaking research guiding better decisions by policymakers, philanthropists, and business leaders.