Raton, a town once surrounded by eight coal mines, now has a main street of boarded-up buildings. There is reason for optimism as the town diversifies its local economy, betting on "a mix of small manufacturing businesses, health care and specialty services, and hospitality for travelers" to endure the sudden decline in mining revenue. Its calculated revitalization may hold lessons for other towns.
Read MoreFariel Salahuddin was determined to tackle the extreme lack of access to fresh water she encountered in rural Pakistani communities, but she wanted the model to be sustainable, not dependent on donations. Most of the communities didn't have regular access to rupees to help sustain their solar water pump micro-enterprises - what they did have, however, were goats. Salahuddin set up a scheme where villagers could pay for their clean water access with livestock instead of cash, which she then sells using Facebook at high rates during Muslim festivals to generate a sustainable revenue source.
Read MoreJane Cavarozzi, an entrepreneur and activist, started Dirty Girl coffee to “support economic development and women’s advancement in the small, depressed villages around Appalachian Ohio.” She lives in the town of Glouster and is respected for living local and working local, as opposed to being an outsider problem-solver. Though her coffee company is just one small step forward, she works closely with community groups to move economic development initiatives for the region forward.
Read MoreEurope's generous social policies, such as allowing employees to retain their salaries while taking sick time to care for themselves or family members, may help to mitigate the coronavirus outbreak while also safeguarding the economy. Although the long-term impacts are yet unknown, in the short term, government-provided incentives are helping people and businesses stay afloat.
Read MoreFor many jobs across the country, working from home is a fairly easy adaptation to cope with social distancing measures. But for many scientists who work in laboratories with ongoing research, a work from home solution does not quite fit. Labs and universities are finding ways to adapt and prioritize which experiments to put on hold.
Read MoreAfter an initial shock to business-as-usual, some independent booksellers are trying new methods to get their products in the hands of readers. Home deliveries, online sales, and fundraising efforts are keeping some longstanding institutions afloat, at least for now.
Read MoreTo replace lost business and keep their employees on staff, Tasmanian businesses quickly diversified into new product lines to meet COVID-19-related demand. A camera accessories firm that saw nearly all of its sales to the film and TV industries dry up became a manufacturer of face shields. A plastic manufacturer increased its business by turning out acrylic counter-top protective screens. And a whiskey distillery began producing 2,000 liters of hand sanitizer per week.
Read MoreComal Heritage Food Incubator trains immigrant and refugee women to start their own businesses in the food industry. Comal offers coaching, financial support, and connections to social services. It also pays trainees, which has been vital to endure the food industry shutdowns during the Covid-19 pandemic. The group also ensures members have food, rent assistance, school supplies, or diapers for their children. They partner with the Denver Metro Emergency Food Network, delivering about 290,000 meals since the pandemic began. The model is working in other cities, including Seattle and San Francisco.
Read MoreTeens selling water on the sweltering streets of Atlanta are typically dealt with by police officers who often crack down on "unpermitted sales of water by youth." In a new approach, city officials convened a council to offer alternatives to police action and suggested ways to promote and develop the entrepreneurial spirit in teens through a variety of programs. The council looked to a similar program in Baltimore that re-engaged windshield-washing teens in school and re-directed others to full-time jobs.
Read MorePhilanthropies are funding “tough tech” startups that are developing technologies to cut greenhouse gas emissions and mitigate the effects of climate change. Since 2014, the nonprofit Prime Coalition has channeled more than $24 million from wealthy donors and foundations to 10 ventures focused on that goal. Not all of their investments, though, have paid off. Yet, some of these initial investments could lead to widespread solutions to the world’s climate crisis.
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