The Chan Zuckerberg Initiative’s status as an LLC, rather than a traditional foundation, enables it do things like acquire Meta, a private company, and make its entire trove of medical research free to scientists and students. The (perhaps eventually) $45 billion initiative of the Facebook founder and his wife is building a big ecosystem of
The venture capital arm of Alphabet (formerly Google) liked Cuemath’s micro-franchise model that helps women jumpstart or reboot careers with afterschool math classes in their homes. The Bangalore-based education startup raised $15 million in Series B financing to expand to 5,000 tutors and 40,000 students. Less than $250,000 in early-stage funding from Unitus Seed Fund
Donald Trump starred in “The Apprentice,” but former President Obama signed into law the first-ever annual funding for apprenticeship programs — $90 million — with bipartisan support. ApprenticeshipUSA has signed up more than 200 companies and organizations to provide on the job training to American workers. The latest company to sign up: Amazon. The online retail giant will work through
Poverty Stoplight, developed by Martin Burt at Fundación Paraguaya, has helped lift families out of poverty in 20 Latin American, African and Asian countries. Now it’s coming to Ward 8, one of DC’s poorest districts, in the leadup to the Neighborhood Economics conference in Washington May 23 and 24. DC community organizations will combine Poverty Stoplight’s
Village Capital founder Ross Baird gets his say in a long profile in Bloomberg Businessweek. His formula: look for three-baggers, versus the 10X returns most VCs expect, in agriculture, healthcare and energy — and look for them in the red states between the coasts. Example: Fin Gourmet, a Kentucky startup that hires disadvantaged workers to turn invasive Asian
Inclusive Economics New Ventures Mexico will play host to the 7th edition of the Latin America Impact Investing Forum in Mérida, Mexico from February 14th through 16th. More than 30 funds will be on hand as the region’s leaders explore how to maximize growing interest in the field from foundations, corporates, faith-based initiatives and universities.
Parliament, which now will have a say in triggering negotiations with the European Union, may want to insist on a soft landing, indeed. “Future Proof,” a recent report from the Institute for Public Policy Research forecasts that an isolated U.K., without an influx of young migrants, will be older, more unequal and squeezed financially by the