institutional purchasers with local vetted B2B Bronx-based vendors that can meet procurement needs and offer favorable pricing.
shared business services and customized support - both online and offline - to streamline transactions and facilitate local sourcing.
sustainable and equitable business practices to improve the Bronx economy and build community wealth.
The Bronx economy presents a vexing paradox: though residents, institutions, and local businesses spend billions of dollars each year, very little wealth stays within our communities to improve the economic prospects of local residents. Instead, most of this spending bypasses local businesses, contributing to the Bronx’s ranking as one of the poorest urban counties in the United States.
Redirecting local purchasing power will keep more dollars circulating in the Bronx. This means increased investment in our neighborhoods, which can be transformative for local businesses owners and their employees, families, and communities.
Accessing new markets through the BronXchange will allow Bronx entrepreneurs to expand their businesses, hire their neighbors at fair wages with good benefits, provide new training and asset-building opportunities for their employees, and improve health outcomes and environmental quality in the Bronx.