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Learn / Who advances districts? / Investors / Philanthropies
Local and community foundations, along with national philanthropy, invest in innovation districts. They finance districts in an effort to advance economic regional prosperity and support innovative work in addressing economic, social and racial disparities.
A key role of philanthropy is to provide ongoing organizational support for innovation district managers. A 2020 financial analysis of nine innovation districts showed how they rely on philanthropic funding at different stages of their development. Their contributions include:
Who Advances Districts?
Other actors advancing innovation districts
Ecosystem builders
Accelerators and incubators, Other types of intermediaries, New kinds of anchors
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