Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • These co-op restaurants didn't need to open indoor dining to survive the pandemic

    Two Baltimore restaurants, Red Emma's and Joe Squared, show how running or starting as worker-owned cooperatives gave them pandemic-survival skills in a business climate that killed many other small businesses. By tapping into larger networks providing financing on favorable terms and other expertise, these co-ops used their workers' ingenuity to offer services that didn't depend on sit-down dining. Like many co-ops, they were able to survive the pandemic and preserve jobs where so many traditionally run businesses were not.

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  • 'The Beachcombers' town is now famous for fighting climate change

    A hit TV show in the 1970s and ‘80s called The Beachcombers brought the town of Gibsons and its logging practices into homes across Canada. After years of pollution and land degradation, it became one of the first towns in the world to incorporate nature into the municipality’s finances. Developers have to take stock of what natural infrastructure is on their property before they build. The town also launched an initiative to encourage other places to calculate the value of their green infrastructure. So far, 30 of them have signed up across the Great White North.

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  • San Francisco's Filipino Cultural District Keeping Hope Alive After a Tough Year

    “UNDSCVRD SF," funded by the SOMA Community Stabilization Fund and produced by the nonprofit Kultivate Labs, is a night market held once a month from July to November that features a range of Filipino vendors. There were over 35,000 attendees in 2019 and it generated $300,000 in sales. It also serves as a testing ground to select businesses for Kultivate Labs’ SEED Accelerator Program and grantees for the SOMA Fund. The former provides bootcamps and one-on-one support for Filipino-owned businesses that are located in, or would like to be located in, a permanent space within the SOMA cultural district.

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  • How to Start (and Run) a Bank That Puts People and Planet Over Profits

    San Francisco-based New Resource Bank was launched with environmental sustainability lending as its niche. But it pursued easier profits for a time, risking its survival and mission until a new CEO turned its fortunes around with a laser focus on the original mission, bolstered by learning its borrowers' businesses intimately. The bank doubled in size and merged with a larger bank, making itself a model for mission-driven lending in such businesses as solar, wind energy, and organic foods – and by attracting institutional depositors and investors as interested in social change as they are in profits.

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  • ‘Solar For All' Brings Clean Energy to Low- and Middle-Income DC Residents

    An initiative to bring solar power to public housing in D.C. is helping residents of Jubilee Housing. Community solar, which shares the electricity generated amongst multiple households, makes solar energy an affordable option. Solar credits can provide a significant relief to households that need it most.

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  • Will This Impact Fund Save America's Music Venues?

    The Live Venue Recovery Fund offers a path for independent music operators to purchase their venue. The fund buys the properties, and collects rent, but are limited to a 12% return rate and the contract lays out a path and timeline of operator ownership. Any additional funds are donated to the National Independent Venue Association. Eligible venues must be seen as culturally significant to the community and vulnerable to redevelopment, as well as show strong financial statements from before COVID-19. The fund forgave a year of rent to some venues hurt by the pandemic, allowing them to get back on their feet.

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  • How going solar is helping U.S. schools save millions

    School districts in the United States are switching to solar power to save money on utilities and sell extra power back to the power grid. They use the savings to increase teachers' pay and upgrade facilities like buses and computer labs.

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  • College Accounts at Birth: State Efforts Raise New Hopes

    SEED for Oklahoma Kids is a statewide effort to help newer generations climb the educational ladder and build assets. Parents are offered $1,000 in their newborn's name and set aside in a college savings account, destined to be used for pursuing college or trade school education. The concept of the program is not unique to Oklahoma. Other states like Nebraska, Illinois, Maine, Pennsylvania, and more have implemented similar programs. "Automatic enrollment in a saving program, with the ability to opt out, turns out to have a much higher participation rate than relying on individuals to take the initiative."

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  • Crypto power: Can solar boost cheap, green homes in S.Africa?

    Watergate Estate is working on two issues in South Africa: affordable housing and renewable energy. The housing development is installing solar panels for its residents that are being bought by people all over the world using cash or bitcoin as a way to offset their own carbon costs. Not everyone agrees that gated communities like this are helping to fight social inequalities, crime, and unemployment, but about 470 people bought solar cells for the apartment complex and some residents say they feel safer in their community.

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  • Pedal power: How bicycles can change lives

    Onyx Connect sprang from the imagination of one entrepreneur who saw how poor roads and poverty made bicycles the only practical alternative to walking great distances in southern Zambia. Onyx sells sturdy bikes with a monthly payment plan that makes them affordable but also gives bike owners a personal stake in maintaining their own investment, instead of just having it donated to them. Bikes have given girls greater access to education and farmers more income because they can deliver fresh milk or other goods more often, more quickly, at greater distances than before.

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