From Diane Berard / Future of Good: Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings together investors and farmers using this funding method to provide loans that will directly support the local food network.
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From Lee Suh-yoon / The Korea Times: The Youth Allowance Program in Seoul gives lower to middle-class residents (aged 19 to 34) a monthly stipend of 500,000 won ($418) for up to six months to ease the financial burden of...
From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.
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From Piper French / Noema: Public banks are owned and run by governments, and because they store money for the state instead of individuals, they can invest back into the communities they serve instead of extracting from them in the...
From Marjolein Koster, Ties Gijzel / Reasons to Be Cheerful: A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to...
From Makaelah Walters / Prism: The Just Income GNV project in Florida provides justice-impacted people with a guaranteed income for a year to help them get on their feet. All they have to do is fill out an application, get...
From Gabriel Pietrorazio / Civil Eats: Farm stands operating on sliding-scale and pay-what-you-can models are improving access to fresh, healthy food in communities battling poverty and food insecurity. In these models, residents who can afford to pay full price are...
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