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

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  • U.S. town creates local currency to boost coronavirus relief Audio icon

    Facing the economic strain from the financial fallout caused by the coronavirus crisis, Tenino is printing its own money like it once did in the wake of the Great Depression. The small town in Washington has issued at least $2,500 worth of wooden bills to exclusively be used for small businesses on Main Street. Thirteen residents have applied for the funds and $150 have been spent by residents on necessities as of June. Other small towns across the country have already sent inquiries to the mayor of Tenino, seeking to imitate Tenino's effort.

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  • Mosaic Development Partners works to bring people of color into the real estate market

    Mosaic Development Partners (MDP) seeks to create wealth for the black community in Philadelphia by providing affordable housing and creating opportunities in neighborhoods that are considered risky investments for typical real estate companies. The black-owned company has created housing as well as retail opportunities for minority and women-owned businesses who historically have a harder time accessing capital and loans. The company is mission-driven but operates on a for-profit model, finding economic solutions for systemic problems that have kept black communities from creating generational wealth.

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  • ‘When Someone Hires Me, They Get the Boss Herself'

    A new model for cooperatives guarantees a living wage for house cleaners, removing the uncertainty and exploitation typically associated with the gig economy. Up & Go is an app that brings entrepreneurs together as owners of the cooperative - sharing offices and customer service representatives. Wages for their work have almost doubled in comparison to the jobs they found through fliers. Training has also given workers the knowledge to stay safe in addition to keeping their clients from exposure during the pandemic.

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  • Breaking down the disability stigma, one creation at a time

    A collaborative movement in Indonesia is creating job opportunities within the creative sector for those living with disabilities. Gerakan Kreabilitas holds workshops and events to provide business training through mentors who provide their expertise and business connections in supporting the micro-enterprises. The program also does outreach to local businesses and government officials to reduce barriers and stigmas faced by disabled Indonesians seeking work.

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  • Mississippi: Local Groups offer financial aid to black businesses shunned by federal stimulus

    Black businesses in Mississippi are receiving a financial boost from a nonprofit that seeks to level the playing field for rural African-Americans in the state who have historically been overlooked when it comes to federal aid. Higher Purpose Co is a black-led economic justice nonprofit that has raised $400,000 for entrepreneurs and has received over 2,500 applicants. The nonprofit has given up to $5,000 to small businesses with 20 or fewer employees.

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  • Sewing circle: How Women of the Global South helps refugees stitch together new lives in Brazil

    Refugee women arriving in Brazil have been able to achieve financial independence through the work of an organization called Women of the Global South, an organization that provides women with the tools and skills to sell textiles. In addition to providing entrepreneurial skills, it also helps refugee women with transportation, classes, sewing machines and even provides cash for emergencies and help getting in touch with family members they have been separated from.

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  • For Indigenous Zapotec Families, Spinning Becomes a Lifeline

    Mark Brown has brought Ghandian economic principles of economic justice and local autonomy to the Mexican countryside to form a farm-to-garment textile business that employs villagers who once made woolen textiles until the industrial clothing era started producing cheap synthetic clothing and rendered their craft unprofitable. Khadi Oaxaca aims to regenerate the village way of life in a sustainable way and employs several hundred villagers who grow the cotton, spin the thread, design the clothing and bring it to market for tourists - bringing a previously economically depressed village out of poverty.

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  • Is Germany Doing Enough to Ensure Small Businesses survive the Coronavirus crisis?

    The German government has spent billions to keep small businesses and freelancers afloat during the pandemic. Entrepreneurs who qualified were sent funds, often within 2 business days, specifically for business-operating costs such as commercial rent. Some businesses are hoping for more support in the form of rent freezes depending on how long the lockdown continues while others lost out on funding by waiting too long. The program ran out of money but the government has announced additional aid packages.

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  • Can social enterprise fix Pakistan's waste problem?

    Two organizations in Pakistan are working to tackle the country’s waste problem. Saaf Suthra Sheher in Islamabad set up partnerships with offices and schools to process their dry waste like plastics and glass. TrashIt, a Karachi-based group, collects organic waste from vegetable sellers and restaurants and then processes and sells it as compost. Although the two organizations can only process so much of the waste produced in cities, they argue that until an effective municipal waste collection system is implemented, they can educate individuals and businesses about how to recycle properly.

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  • Coronavirus crisis in France: The battle to save the livelihoods of the self-employed

    The French government has spent billions to keep small businesses afloat during the coronavirus lockdown in hopes that the stopgap funding will ensure a quick economic recovery once the health crisis abates. The funding has been on a national and regional level, with extra funding for those who have been rejected for bank loans and are suffering the most. Small businesses are also exempt from rent, gas, or electricity payments until the country reopens. The distribution of funding has come with its challenges as some business fall through the bureaucratic cracks.

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