Indianapolis entrepreneurs Mali Jeffers and Alan Bacon have launched GANGGANG, which they describe as a cultural development firm for creatives and people of culture. The startup says its hybrid model, which serves for-profit and nonprofit organizations, will produce, promote, and preserve culture in U.S. cities.
The firm is being supported through funding from the Central Indiana Community Foundation, the Herbert Simon Family Foundation, and the Glick Fund.
“If we change nothing, nothing will change,” said Jeffers. “It’s not enough to invest in talent, if the talent leaves for more culturally vibrant cities. We need to take a hard look at our city and identify thoughtful ways to pay back the culture that has shaped America.”
By investing in the creative economy, specifically Black artists and entrepreneurs, the startup intends to leverage culture to create more inclusive and economically powerful cities.
“Through this venture, we hope to see more naturally inclusive, healthier and culturally thriving cities, starting right here in Indy,” said Bacon. “And with that comes a more equitable leadership environment and a more diverse economy. This is the revival and the way forward in the new world.”
The startup says it plans to announce its first programs, investments and partners for 2021 in the near future.