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Press release: Innovation Works and Miller Center form partnership to create 250 social enterprises, 5,000 jobs in Baltimore
IW was formed to support Baltimore’s entrepreneurship development as a path to creating sustainable jobs, increasing average household incomes, and building neighborhood economies in underinvested communities. Miller Center, as the largest and most effective university-based social enterprise accelerator in the world, brings best practices and experience to the initiative.
- Categories
- Uncategorized
- Region
- North America
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Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets
Hedge funds, investment banks and money managers are trying to raise tens of billions of dollars this year for so-called opportunity funds, a creation of President Trump’s 2017 tax package meant to steer money to poor areas by offering potentially large tax breaks.
- Categories
- Investing
- Region
- North America
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Igniting Growth in the DRC: How Renewable Energy Can Power Urban Development
Off-grid solar systems have been a key to bringing energy access to the rural poor across East Africa. Yet in the Democratic Republic of Congo, just 9 percent of the population have access to electricity. Flavia Howard, a strategy consultant for social entrepreneurs, argues that in spite of the disruption caused by disease and war, her research shows that the country presents a compelling market for distributed energy solutions.
- Categories
- Energy
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Enabling the Business of Recycling: How Innovative Public-Private Partnerships Help to Build Sustainable Cities
Conversations around environmental sustainability often reduce the issue to a false dichotomy: better policies vs. better business practices. But in fact, leveraging both the government and business sectors can provide unique benefits, say Jorge Noguera at Mastercard and Caleb Shreve at Global Fairness Initiative. They explore the impact of an innovative public-private partnership linking city governments in Peru with a network of waste-pickers to deliver recycling services to households and businesses.
- Categories
- Environment, Social Enterprise
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Emerging Cities Could Collect $29.4 Trillion In ‘Climate Cash’
Cities can lead the way for global actions to mitigate climate change, according to the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets.
- Categories
- Energy
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City Possible: Mastercard Launches Global Network for Urban Co-Development
Sixteen cities are becoming founding members of the global City Possible network – representing a diverse mix of geography and size.
- Tags
- data, urban development
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A Big Tax Break for Socially Responsible Investing
Opportunity zones, pushed last year with bipartisan support, were created for a mix of urban, suburban and rural areas. They hark back to plans from the 1980s meant to steer capital into blighted neighborhoods.
- Categories
- Investing
- Region
- North America
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Drone development should focus on social good first, says UK report
Nesta, the innovation-focused charity behind the project and the report, wants the UK to become a global leader in shaping drone systems that place people’s needs first, and writes in the report that: “Cities must shape the future of drones: Drones must not shape the future of cities.”
- Categories
- Technology
- Region
- Europe & Eurasia