About The Durham Compact is a transactional document that allows the City of Durham to invite and facilitate strategic alliances with financial institutions, corporations, philanthropic organizations and educational institutions to work collaboratively by leveraging their resources to support several key components of the Built2Last Plan. The Durham Compact calls for the establishment of a Durham Compact Office which will focus, in large part, on connecting all key stakeholders or strategic alliances. Additionally, The Durham Compact is an instrument of change that will be the focus and locus of the work that is being done as part of the Built2Last initiative.
Hence, The Durham Compact allows the City of Durham to support several key components of the plan: (1) financially invest in the Bull City Equitable Development Fund to provide capital to help minority- and women- owned businesses to grow; (2) help to transform the City of Durham’s existing contracting and procurement system; (3) work with the Bull City Enterprise Training Center to provide certification, training and technical assistance to small-, minority- and women- owned businesses; and (4) offer programs to help Durham’s citizens who live in marginalized communities create a sound economic future for themselves.
WE NEED YOU: INVITATION TO CORPORATIONS, PHILANTHROPIC ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS TO PARTNER WITH THE CITY OF DURHAM