Special Purpose
Community Corporations
A New Model for the Next EconomyTM
SPCC.1 is the world's first Special Purpose Community Corporation. We balance economic vitality and social benefit by consolidating small businesses to compete against monopolies and access multi-million dollar contracts and growth capital. SPCC.1 is an innovation hub designed to incubate more SPCCs focused on fragmented industry sectors ready for growth. When Businesses Win, Community Wins.
The problem we face is stark: 80% of government contracts are awarded to large companies, leaving small businesses struggling to survive. For over three decades, this trend has contributed to the decline of small businesses, especially in marginalized communities. This concentration of economic power stifles innovation, limits opportunities for wealth creation, and exacerbates the racial wealth gap. In response, we propose a bold new model for the next economy—one that empowers small businesses and aligns economic growth with social equity and environmental sustainability.
Small business share of U.S. ecomomic output
SPCCs are designed to leverage the collective strengths of multiple small businesses, particularly those in fragmented industry sectors that are ripe for growth. By aggregating services, capacity, and expertise, SPCCs form a new corporate entity that is creditworthy and capable of securing sizable contracts and accessing growth capital. This model not only positions small businesses to compete effectively with large corporations but also ensures that economic vitality is balanced with social benefit. Learn more »
An innovative solution to unlock opportunities
FOCUSING ON THE GREEN ECONOMY
The most important industry sector in the world today is the Green Economy. Achieving the Net Zero climate goals of the UN by 2050 will require an unprecedented transformation of the world economy. In 2021, the passage of the $1.1T Infrastructure Reduction Act (IRA) by the U.S. is one example of the massive investment to come, but resources get stuck in intermediaries, from bureaucratic state agencies, to risk averse financial institutions, and large non-profits or university systems.
We do not have the last mile solution to get the capital to the community. By design, public dollars seldom reach our most disinvested communities, because we prioritize entrenched power and platforms over community power, self-reliance, and decentralized systems. The opportunity in front of us is to create social proof that allows the financial resources, like social bonds, to flow into local ecosystems and move us towards a net-positive economy that promotes both a healthy planet and human flourishing. SPCC.1 is creating last mile solutions for the Green Economy.