Betting on Baltimore

aerial photo of Baltimore harbor

This year, Johns Hopkins celebrates a decade of HopkinsLocal — its economic inclusion initiative that has generated more than $1 billion in investments into Baltimore-based businesses since its launch in 2015.

Over the past 10 years, the university and health system have directed $360 million to local design and construction firms, hired more than 2,100 justice-involved individuals and allocated $287 million to local investment firms. In 2019, “Invest” was added to the initiative’s “Build, Hire and Buy” pillars, further expanding its impact. A new addition this year, Tealbook, serves as a local supplier directory to help staff, faculty members and students discover and support Baltimore-based businesses.

“Over the past decade, the success of HopkinsLocal has sprung forth from our enduring bet on Baltimore and conviction to build, buy, hire, and invest in ways that realize the great promise of our city,” says Ron Daniels, president of The Johns Hopkins University.

Looking ahead, HopkinsLocal leaders have set ambitious goals for fiscal year 2026, including increasing local hiring to 52%, boosting local business spend by $25 million, and investing an additional $150 million with diverse and women-owned firms.

Read more: Bit.ly/BMoreInvest.