The past decade has brought significant developments in efforts to close equity gaps for young men of color—but additional progress must be made. This report tracks 10 years of progress on increasing economic opportunity for young men of color. It highlights the voices of young men and lifts up seven new and promising approaches: changing narratives, intervening early, empowering young men of color to lead, promoting mental health and well-being, preparing for higher education and careers, building wealth, tailoring interventions to the local context. It also presents recent federal, state, and local policy reforms that show promise for increasing economic opportunity by dismantling structural barriers faced by young men of color. Written for practitioners, policymakers, philanthropy, and advocates, the report concludes with opportunities for action for all audiences.