Description

To understand the impact of the Shared Success demonstration, the Aspen Institute Economic Opportunities Program selected the Financial Access Initiative and EA Consultants to evaluate the work of the 11 community lenders. This midline evaluation includes survey data from small business owners who participated in advisory services provided by Shared Success grantees. Of those surveyed, 74% reported improving job quality over the past year. This deck overviews the types of job quality changes made, what motivated them, the challenges faced, and plans for future improvements. 

The Financial Access Initiative and EA Consultants’ qualitative and quantitative research will continue to explore outcomes for small businesses and workers through the end of the Shared Success demonstration.

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About Shared Success

Good jobs and strong businesses are vital to the well-being of communities across the country. Yet millions of workers struggle with poor-quality jobs, and small business owners often struggle to find and retain the employees they need. Shared Success, a project of the Aspen Institute Economic Opportunities Program (EOP), shows how building better jobs can uplift both sides at the same time. Supported by a $12 million investment from the Gates Foundation, EOP partnered with 11 community lenders to integrate job quality programming into their small business support services, supporting the needs of employees while helping small businesses succeed.

About the Economic Opportunities Program

The Aspen Institute Economic Opportunities Program hosts a variety of discussions to advance strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. To learn about upcoming events and webinars, join our mailing list and follow us on social media.