Across the United States, 125,000 manufacturing firms—and the 2.6 million jobs they support—are at risk of disappearing as more and more owners reach retirement age. So too, are the benefits that these jobs and companies provide to cities and neighborhoods: family-sustaining wages, economic multipliers, regional stability and resilience.

TEAM (Tools for Equitable Acquisitions in Manufacturing) will build the capacity of CDFIs (Community Development Financial Institutions) and other community-based lenders to become stewards of equitable transitions. Alongside our place-based lending partners, we will guide 30 companies through these transitions, as we build tools for future use and wide replication.

For more information, visit our project website.