South Florida Anchor Alliance is a collaborative of regional institutions—hospitals and healthcare systems, education enterprises and municipalities-coming together to harness their collective multi-billion-dollar spending power and vast human and intellectual capital in order to create a more just and inclusive local economy. It is founded by Health Foundation of South Florida, with support from Citi Community Development.
An anchor institution is an organization, deeply rooted in the local community by virtue of its invested capital and/or relationship to its constituents. In South Florida, anchors have the power to provide tremendous opportunity for economic growth for local residents and small business owners. When an institution adopts an anchor mission it means it commits to intentionally leverage its resources to address the needs of the surrounding community.
In South Florida, across Miami-Dade and Broward counties alone, public and non-profit educating and health institutions spend $10 billion a year in procuring goods and services. Currently, only a small percentage of that goes to small, locally and minority-owned businesses.
By shifting procurement, hiring and investment practices in ways that benefit the local economy, anchor institutions can improve the economic well-being and security of the communities they serve.
MEMBERS
PARTNERS
SUPPORTERS
FOUNDERS
Through collective action, we harness the power of anchor institutions to build a healthy and thriving South Florida.
THE IMPACT WE SEEK
A healthy, thriving and
prosperous South Florida.
An inclusive local economy with opportunity and mobility for all individuals and small businesses.
A culture and practice of diversity, inclusion and regionalization at all anchor institutions.
A resilient region fully equipped to face financial and health emergencies.
A model for what America’s cities of the future should look like – forward-thinking, inclusive, sustainable and healthy.
WE DO THIS BY….
LEVELING INEQUITIES
THROUGHLOCAL HIRING
BUILDING CAPABILITIES
BY CREATING CONNECTIONS
