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    PHILADELPHIA ANCHORS FOR GROWTH AND EQUITY

Philadelphia Anchors for Growth and Equity is a partnership between the Economy League, the City of Philadelphia and leading “Eds and Meds” anchor institutions that seeks to increase local purchasing by large institutional buyers to grow businesses, strengthen the local economy, create jobs, and build wealth.

 

The Economy League will work with institutional buyers to identify and define opportunities for local, diverse companies. Simultaneously, the project team will partner with organizations that represent small businesses in Philadelphia to identify suppliers to take advantage of those opportunities.

 

If you are interested in participating in the initiative as a supplier, buyer, or support organization, please contact Mariya Khandros at PAGE@economyleague org.

 

 

Please join us for the official public launch of PAGE!

 

November

28

2018

OUR APPROACH

 

Data Analysis

 

The Economy League will use its expertise in data analysis to provide insight into institutional purchasing trends in the Philadelphia region.

The PAGE team will work with anchors to collect and analyze actual purchasing data and provide ongoing reports that offer a city-wide view into purchasing challenges and opportunities within anchor institutions. The PAGE team will collect purchasing and local supplier data from all anchors on an annual basis and use it evaluate the implementation of best practices. Over the next three years, the primary project falling under ‘data analysis’ will be the creation of a technology platform that enables the Economy League to collect, analyze and distribute information about capable local suppliers and opportunities within the Philadelphia business community and anchor institutions. 

 

Reducing Barriers for Local Businesses

 
The Economy League will work closely with institutional buyers to identify and address barriers that reduce local participation.

Local businesses face a variety of barriers to accessing purchasing opportunities with anchor institutions. These barriers include a lack of information, lack of access to the right decision makers, long sales cycle, high bonding requirements, and business capacity. Because of its ability to convene decision makers at key institutions, the Economy League is well-positioned to address many of these challenges at a systemic level. In 2019, the PAGE team will tackle the first barrier – lack of information - by publishing an “Eds and Meds contracts forecast,” similar to the Philadelphia Business Journal’s annual construction forecast to help businesses be aware of and prepare for upcoming RFP opportunities.

 

 

Engaging Supply Chain Integrators

 

Economy League will use our members' collective voice to invite major suppliers to participate in the initiative.

One of the benefits of a city-wide strategy is the ability to use the members’ collective voice to invite major suppliers to institutions to follow the lead of their anchor clients and develop a local purchasing strategy. The Economy League has already demonstrated the effectiveness of this approach, when we encouraged two anchors to incorporate local purchasing language in their food service RFP, resulting in a major food service company increasing local supplier engagement. Going forward, the Economy League will build on this success and continue to find new ways to increase local purchasing done by SCIs. For example, the Economy League will expand the anchors’ individual efforts by identifying areas of opportunity where pooled demand could catalyze the creation or relocation of a business. In 2019, in addition to the ongoing process of building relationships and trust, the Economy League will work on two joint projects: medical laundry and a processing center for misshapen or “ugly” fruits and vegetables (seconds) from local farms.

BACKGROUND & RESOURCES

 

Prior to its adoption by the Economy League of Greater Philadelphia as the organization's first project in the Shared Solutions portfolio, PAGE was incubated in the City Controller’s Office from 2014 until 2017. The City Controller’s Policy Unit published two reports analyzing the economic promise of an anchor purchasing initiative:

 

The Survey of Current and Potential Impact of Local Procurement by Philadelphia Anchor Institutions (January 2014) quantifies the potential economic impact of a city-wide city procurement strategy.

 

 

 

Anchoring Our Local Economy: Developing a Local Procurement Strategy for Philadelphia’s Higher Education and Healthcare Institutions (April 2015) identifies the most promising categories for localizing anchor spend.

 

FOUNDING PARTNERS

  • chop logo
Children's Hospital of Philadelphia
  • city of philadelphia
City of Philadelphia
  • og drexel logo
Drexel University
  • jefferson corporate enterprise 4c 600
Thomas Jefferson University and Jefferson Health
  • University of Pennsylvania 2015 Logo
University of Pennsylvania
  • Penn Medicine 2015 Logo
Penn Medicine
  • Temple University 2015 Logo
Temple University
  • Temple Health
Temple University Health System

PARTICIPATING INSTITUTIONAL BUYERS

  • CCP 2015 Logo
Community College of Philadelphia
  • einstein healthcare network
Einstein Healthcare Network
  • lasalle full color university logo
La Salle University
  • sjulogo nodome
Saint Joseph's University
  • salus university logo 1 5 16
Salus University
  • usciences
University of the Sciences

SUPPORTING ORGANIZATIONS

  • AFRICAN AMERICAN CHAMBER OF COMMERCE
African American Chamber of Commerce
  • tec
The Enterprise Center
  • ecsphilly
Episcopal Community Services
  • greater philadelphia hispanic chamber of commerce
Great Philadelphia Hispanic Chamber of Commerce
  • logo pidc phila orange
PIDC
  • sbn logo lockup vert lg fc rgb 400x400
Sustainable Business Network
  • Wharton Social Impact Initiative
Wharton Social Impact Initiative