10 to Watch 2013

Lisa Ranglin

President, Rhode Island Black Business Association

Posted

What she does:
By day, she works at Bank of America as Vice President; Capital Management Finance Manager.

Why she’s someone to watch:
She’s the founding president of the Rhode Island Black Business Association (RIBBA).

What RIBBA does:

It’s an advocacy and support group for minority business owners, particularly in urban areas. As a member-driven nonprofit, it seeks to mobilize the community, providing advice and training, mentorship, business development and marketing strategies, and legislative activism to a largely underserved segment of the state’s economy.

What it’s done so far:
Last fall, RIBBA celebrated its first full year in existence, during which it recruited more than 100 paid members. “Nothing exists, you don’t have anything in place, and you’re able to form an organization where you’re providing services to folks that need it – that’s a big win,” Ranglin boasts. “We’ve been able to mobilize the black and minority community around a common goal of empowerment, focusing on growing their businesses and ensuring that they’re able to build sustainable wealth.” The organization celebrated with an October awards gala honoring member business owners in front of a capacity crowd.

What it will do next:
With its focus primarily on what Ranglin calls the “core urban communities” – Providence, Pawtucket, Woonsocket, Central Falls and West Warwick – RIBBA has formulated a comprehensive urban development strategy, reflecting both the unique needs of its minority constituents and the broader needs of struggling communities. It is already shopping the plan around to potential partners and collaborators, with a summit to discuss urban development in the works for later this year.

How this can create change:
“This is much bigger than just the minority business owner – we’re talking about changing communities,” Ranglin emphasizes. “We’re talking about tapping an untapped asset. If we are able to tap into that, that is going to have a broader impact on the community in general.” RIBBA’s job is to do just that. By providing business development resources and helping business owners find access to capital, it aims to strengthen the economic base in urban communities. Through mentorship, it will identify and develop future leaders not just for urban, minority communities, but the entire state.

lisa ranglin, ri, rhode island, black business association, ribba, bank of america, leadership ri, 10 to watch, 2013, providence monthly

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  • aicram

    Congratulations to my sister Lisa Ranglin. She is a natural born leader who is well respected among her peers and in the community. Lisa is deliberate and is known for quality, efficiency and accuracy. “If you want to get a project done, and done well, asks Lisa “. She is a team player with effective interpersonal skills. She has been recognized for her ability to get positive results through fostering teamwork, effective communication, relationship management and problem solving.

    My sister is a visionary who works hard to fill vacuums that will help to increase the quality of life for all people. She is passionate about her family and her community and works tirelessly to ensure community and business development.

    Lisa’s passion lies in building and sustaining our community. She encourages all of us to never lose sight of doing what is best for another human being. My sister never stops. She is always thinking - “how can we do this or what must we do to help this person or that person”. She is a no non sense yet caring person. I am not at all surprised that she is named among one of the 10 to watch in Rhode Island. Now the secret is out !!! Congratulations Lisa, we're all so very proud of you !

    Friday, January 4, 2013 Report this



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