Global Economic Diversity Development Initiative (GEDDI)

The Global Economic Diversity Development Initiative (GEDDI) is a 501(c)3 non-profit foundation seeking donations to afford its fund development arm the ability to make grants to nonprofit and for-profit recipients focused on building economic wealth for the Black community.

GEDDI's mission is to intentionally make a positive impact on Black business development by closing the racial wealth gap and transforming the outcomes for the Black community through economic empowerment.  GEDDI is committed to providing resources, access, and tools to Black-owned businesses and emerging entrepreneurs.

Studies performed by the International Business Innovation Association (InBIA.org) indicate that over 87% of entrepreneurs who graduate from a business incubator are still in business or have been acquired five years after graduation. By boosting Black businesses, we are closing the wealth and philanthropy gap for social equality and equity. Our program, Just Boss Up Academy, is an entrepreneurial business incubator program consisting of three 10-week cohorts. During each cohort, we connect with subject matter experts who advise entrepreneurs of color on a number of topics to help them achieve their goals and legally create their business. We advise and assist them with registering their business with the state, acquiring an EIN, creating a business bank account, drafting a business plan, and more.

Beyond that, our alumni are eligible to apply for grants from funders who have contributed to GEDDI. Monies are used solely for the formation or expansion of their enterprises. The information, skills, and tools they gain throughout our cohort will better position them to optimize funds and increase their appeal for further funding.

GEDDI began operations in August 2020 and is continuing to build its capacity to become the leader in funding Black business development.

Our organization is 100% Black-founded and predominantly Black-led.