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  • Community Development Lenders Turning to Fintech for a Boost During Crisis

    CNote has provided a source of funding for federally certified Community Development Financial Institutions by pooling cash from foundations, bigger banks, philanthropists, and donor-advised funds to counter the lack of available cash flow experienced by CDFIs, which are lenders but not banks. Federal COVID-19 funding set aside $30 billion specifically for CDFIs that overwhelmingly lend to women- and minority-owned businesses, which face persistent racial and gender biases and are unable to successfully tap into lending and grants such as the Paycheck Protection Program through traditional lenders.

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  • Report for America is sending 225 journalists into local newsrooms around the country

    Since launching in 2017, the nonprofit Report For America has subsidized hundreds of journalists' salaries to rebuild local-news outlets' ability to provide trusted news coverage of local public affairs. Though there is no lack of available journalists or a need for local news coverage, the program takes aim at fixing a broken business model. The latest cohort of 225 journalists sent to 162 local newsrooms is up from 59. Available to "emerging journalists" who can commit to two years of work, RFA pays half their salaries. The other half is split by the news organization and community donors.

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  • Working to recover the ocean ecosystems that sea urchins gobbled

    In partnership with the company Urchinomics, a lab in California is developing a type of feed that helps sea urchins captured in the wild grow so they can sell them for commercial purposes. Sea urchins have been ravaging bull kelp forests along the coasts and scientists are looking to sustainably control the urchin population. The algae-based feed that scientists produced helps the urchins grow and produce uni — the urchin’s edible gonads — which are sold to restaurants, and a test run of the product in Japan was well-received.

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  • Tech startups want to reinvent the bulk aisle—grocery's most glorious, affordable, unwieldy section. That's going to be harder than it looks.

    The bulk food aisle in grocery stories - where dry goods are weighed and put in containers that consumers can bring from home - is getting more attention as tech solutions arise to revamp this shopping experience. From SmartBins to MIWA, solutions typically involve using technology to track weight more efficiently and cleanly while generating data on consumer habits. These solutions help consumers save money, have a higher profit margin for companies, and reduce waste in the process.

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  • Need a Paycheck Protection Program Loan, or Just a Bank That Cares? Here's How to Find One

    An online tool called Mighty serves as a “Tripadvisor” for banks, connecting users with publicly-available data on how banks across the United States use their money so that they can make informed decisions when it comes to choosing a bank. During the coronavirus pandemic, Mighty is filling a popular request by connecting small business owners with banks and credit unions that are reliably implementing the Small Business Administration’s Paycheck Protection Program. Mighty has a particular focus on how much social good each bank does, reminding people that every individual choice adds up to societal change.

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  • This Orange County company has gone from making hair look cool to fighting coronavirus

    The owners of an iconic pomade and Chicano hipster fashion manufacturing factory in Santa Ana, California have made the switch to hand sanitizer manufacturing in an attempt to reemploy furloughed employees during the coronavirus pandemic. Functioning like a start-up, their new product goes to hospitals, postal workers, UPS drivers, and cashiers and helps to spread the message to the Latino community that this virus should be taken seriously.

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  • A Pound Of Flour To Go? Restaurants Are Selling Groceries Now Audio icon

    Across the United States, restaurants have been forced to close their dine-in services due to the coronavirus, but many have switched to online order and to-go options in order to stay open. Now, some of these restaurants are offering grocery orders as well, helping customers access ingredients that may be sold at local supermarkets.

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  • Feeding the frontline: How Los Angeles restaurants are supporting health workers

    With restaurants closing and hospital staff working extra hours, Los Angeles communities are finding ways for them to support one another. As a response to COVID-19, people are donating money to local LA businesses like KitchenMouse, Bibi’s Bakery, and Pizza World, so they can provide meals for healthcare staff.

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  • 'We're still trying to keep going': Companies change business model to keep staff employed during coronavirus

    To replace lost business and keep their employees on staff, Tasmanian businesses quickly diversified into new product lines to meet COVID-19-related demand. A camera accessories firm that saw nearly all of its sales to the film and TV industries dry up became a manufacturer of face shields. A plastic manufacturer increased its business by turning out acrylic counter-top protective screens. And a whiskey distillery began producing 2,000 liters of hand sanitizer per week.

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  • Hotels Open as ‘Comforting Refuge' for Health Care Workers

    From London to Toronto and across the United States, hotels are re-opening their doors for health care workers responding to COVID-19. Recognizing the need for isolated places to stay, hotels that had once closed because of city or country-wide lockdowns, have opened with skeleton crews to make sure these essential workers can rest. Implementing social distancing precautions, the hotels make sure there is no person-to-person contact, food can be delivered, and the daily housekeeping happens less frequently.

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