CASE STUDIES
Inclusive Economies Initiative
for the Federal Reserve Bank of Boston
In 2023, the Federal Reserve Bank of Boston launched its Inclusive Economies Initiative to strengthen equitable economic development across New England. The goal: to identify and fund projects that advance inclusive growth, address systemic barriers, and build community capacity across the region. Bienestar Community Economics was engaged as the lead consultant to help bring this vision to life.
Bienestar’s work included:
Co-developing the Request for Proposals (RFP) process, including designing selection criteria and vetting procedures, and supporting interviews, due diligence, and the selection of the inaugural project portfolio.
Advising on implementation and long-term strategies to sustain and scale the Inclusive Economies Initiative.
Developing and leading a webinar series on building inclusive economies, featuring stories and lessons from regional initiatives.
Authoring companion case studies that captured insights and outcomes from the webinar series.
Through this process, the advisory group recommended and funded three projects that demonstrated the potential to create meaningful, inclusive economic impact in the region. Bienestar continues to support the Bank in advancing the Inclusive Economies Initiative—building capacity, strengthening partnerships, and mobilizing capital to grow equitable and resilient economies across the Northeast.
