Skip to Main Content

Our News

Richmond Fed Co-Hosts Baltimore Data Week, Virtual Pitch Sessions

The Federal Reserve Bank of Richmond will spend the next two weeks supporting digital access opportunities in Baltimore and community programs in Washington, D.C., that are seeking to assist individuals impacted by COVID-19.

Today through Friday (July 20–24), the Richmond Fed is partnering with the Baltimore Neighborhood Indicators Alliance — Jacob France Institute at the University of Baltimore to host Baltimore Data Week, an online conference that will feature numerous expert speakers explaining the importance and potential impact of data on low- to moderate-income communities. The Richmond Fed is spearheading the opening plenary session, Discussion on the Impacts of COVID-19 in Urban Areas like Baltimore, at 3 p.m. today.

Baltimore Data Week is this year’s alternative to Baltimore Data Day, which is an annual two-day, in-person workshop during which community leaders, nonprofit organizations, government entities and civic-minded citizens come together to learn about the latest trends in community-based indicators and tools and how data is being used to support constructive change.

“We heard from our community partners and stakeholders that they desired a more detailed, metric-focused understanding of the impact of the COVID-19 global health pandemic on Baltimore’s neighborhoods presently, as well as what a post-pandemic community may look like,” said Peter M. Dolkart, the Richmond Fed’s Baltimore-based Community Development Regional Manager. “A traditional gathering of individuals and panelists was obviously not an option this year, so we adapted and repurposed to create Baltimore Data Week, which includes 20 virtual sessions, ranging from panel discussions to workshops to ‘mapathons’ over five consecutive days. This multi-session webinar format is an entirely new frontier for the Richmond Fed, but consistent with the Baltimore Data Week objective of using the latest technology tools to empower communities.”

Among the culminating events for the week is a Thursday morning Investment Connection Pitch Session hosted by the Richmond Fed. This event will feature Baltimore-area organizations presenting proposals to potential funders who could assist them with programs that provide digital access and other critical services to low- and moderate-income residents in the area who have been impacted by COVID-19. The presenting organizations are Byte Back, Community Assistance Network (CAN), Libraries Without Borders, Central Baltimore Partnership, NPower Inc., Comprehensive Housing Assistance Inc. and PCs for People.

“Baltimore Data Day in 2019 focused on the digital divide in Baltimore, where approximately a quarter of the city’s households lack equipment or sufficient access to the internet,” Dolkart said. “There was already a crisis before the pandemic; in a recently shuttered economy, it’s even more urgent that school children have digital access to continue their education, and adults have a means to apply for employment assistance and vital benefits.”

Interested bankers, CDFIs and other potential funders can register for the Investment Connection –Maryland live pitch session.

A week later, on July 30 from 10 a.m. – noon, Dolkart will spearhead on behalf of the Richmond Fed an Investment Connection Pitch Session in nearby Greater Washington, D.C. During this event, five organizations will present proposals in which they ask funders to consider assisting them with programming that helps those impacted by COVID-19. The organizations presenting proposals are Life Asset, Manna Inc., Martha’s Table (on behalf of SAT), Montgomery County Food Council and the Washington Area Community Investment Fund (Wacif).

CDFIs, bankers and other potential funders in the Greater Washington, D.C., area can register for this Investment Connection pitch session.

“In normal circumstances, programs such Baltimore Data Day, now Week and Investment Connection afford community stakeholders, organizations and financial institutions an efficient and practical way to explore some of the barriers that residents of low- and moderate-income communities face so they can help equip them with tools that are necessary for economic mobility,” Dolkart said. “As a result of the unforeseen challenges that we have faced thus far in 2020, these technology-based initiatives are an even more vital lifeline to meet some of the most critical needs of these communities.”

Subscribe to News

Receive an email notification when News is posted online:

phone Contact Us

Jim Strader (804) 697-8956 (804) 332-0207 (mobile)