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Rescheduled for June (date tbd)


The Hive at New Lab

Communal Pathways to Shared Prosperity

This event will explore various innovative and communal ways in which immigrants have financially prospered in the United States - contributing to art and culture, building businesses, creating wealth, and adding to the tax revenue and GDP of the country.

Communal Pathways to Shared Prosperity
Communal Pathways to Shared Prosperity

Time & Location

Rescheduled for June (date tbd)

The Hive at New Lab, 19 Morris Ave building 128, Brooklyn, NY 11205, USA


About the event

Approximately six out of every ten New Yorkers are either immigrants or the children of immigrants. Despite their contribution to the economy, immigrants are less likely to qualify for loans or credit in the United States than native-born Americans. However, despite this lack of access to mainstream sources of capital, the growing number of minority-owned businesses suggests that other avenues to capital also exist. A communal, decentralized approach to finance is something that residents of Asia, Africa, Caribbean, and Latin America developed in response to fragile financial infrastructure, and which immigrants from these countries have brought to the United States.

Through this event, we will discuss the ways that these communal finance systems operate; creating opportunities for immigrants to achieve financial prosperity in their new homes.

This discussion will feature a panel of experts in the field of immigration, small business loans, community activism, and immigrant art.



Shagun Singh - Principal, Urban Matter Inc & Prana App

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