From Rebecca Jacobson / Reed Magazine: Through Youth Voice Youth Vote, nearly 800 young people in Portland took part in a participatory budgeting process to decide how to spend $500,000 in American Rescue Plan Act funding. The winning projects, including a paid internship program, expanded access to menstrual products, and a job resource fair, are now in the process of being implemented.
Find more stories on budgeting processes in a wellbeing economy.
From Diane Berard / Future of Good: Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings...
From Annie Banerji / Christian Science Monitor: Microfinance institutions in India are providing low-cost loans to women in remote areas who typically only have access to loan sharks. The women are using the money to break poverty cycles and start their...
From Lawrence Wintermeyer / Forbes: GoodDollar is a basic income product that works via the public blockchain network. Because blockchain is decentralized and public, this platform could be used globally, non-reliant on any one government. GoodDollar uses G$ coins which...
From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...
From MaryLou Costa / Reasons to Be Cheerful: Fund a Mom gives 40 single mothers in Jaipur, India, $60 a month with no strings attached. The guaranteed income program helps them cover necessary expenses giving them the breathing room to...
Sheeza Shah is Founder and Managing Director of UpEffect, a crowdfunding and social impact consultancy shaping a benevolent economy through equitable finance and strategy. Sheeza has spent the past decade in the tech, non-profit, and social enterprise world project managing...
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