HopkinsLocal Progress
From the beginning of the HopkinsLocal initiative, Johns Hopkins has committed to setting measurable goals and being transparent about its progress.
During FY23, Johns Hopkins evaluated the second iteration of the program and worked with stakeholders within the institutions and in the community to identify the next set of goals, to begin in FY24. HopkinsLocal efforts continued that year and the results are as follows:
- Continued to encourage the inclusion and participation of minority-, women-owned, and local businesses on Johns Hopkins design and construction projects.
- Committed seventeen percent (17%) of the addressable spend, or $164.5 million, with certified Minority-owned and Women-owned Business Enterprises (MWBEs) on Johns Hopkins design and construction projects located in Baltimore City.
- Committed twenty-two percent (22%) of the addressable spend, or $208.8 million, with businesses in Baltimore City.
- Filled 1,011 targeted positions by residents who live in focus area Baltimore City ZIP codes.
- Filled 604 higher-paid positions making between $50,000 – $75,000 by residents who live in focus area Baltimore City ZIP codes.
- Hired 409 justice-involved individuals.
- Spent $11.1 million more in targeted categories than if spending had remained at the 2022 baseline level.
- Increased investment of the Johns Hopkins endowment with diverse and women-owned investment firms.
- Co-sponsored with BLocal BUILD College partners, where an additional 9 small, local, minority-owned, women-owned, or disadvantaged businesses in the design and construction industry graduated from the BLocal BUILD College – an annual standing program fostering the development of core business competencies and expanding their network. Also, provided alumni programming, which included a series on Human Resources..
- Continued to track and evaluate a broad universe of diverse-owned investment management and investment banking firms as part of its relationship network.
Results from the last four years of HopkinsLocal, from FY2020 to FY2023, are available in the FY23 Progress at a Glance document.
HopkinsLocal Progress at a Glance FY2020-FY2023
From 2020 to 2023, HopkinsLocal has worked to increase economic opportunity in Baltimore City through construction, hiring, and purchasing activities. To see how we measure progress against specific goals, go to hopkinslocal.jhu.edu/progress
BUILD
$164.5M*
was committed to certified minority-owned and women-owned business enterprises (MWBE), 17% of addressable spend in FY2023.
$208.8M*
was committed to Baltimore City firms or firms whose office and staff performing the work is located in the City (LBE) – 22% of addressable spendin FY2023.
HIRE
2,762
targeted positions filled by residents that live in focus area Baltimore City ZIP codes over four years. In FY23, 60% of targeted positions were filled by focus area residents.
BUY
$575.6M
was spent in targeted categories with local businesses over 4 years. In FY23, local spending increased by $11.1M over the baseline of FY22.
* Commitments are defined as parts of the contract that have been assigned to a contractor or subcontractor but have not necessarily been completed.
** The FY20 cohort launched in February 2020 and was suspended due to the COVID-19 pandemic. In FY21, the BLocal BUILD College relaunched virtually.
*** Total spend excludes overlap project spend between BUILD and BUY beginning in FY21.