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How an $18.6 million dollar fund helps community organizations beat speculators and own their own spaces

Diane Bérard

June 06, 2023 |

Future of Good |

Text |

1500-3000 Words

Response Location: Canada, Quebec

More than twenty partners in Quebec (including public and private investors, philanthropic foundations, and labor funds) have joined forces to develop a suite of loan programs designed to help social-purpose organizations beat rent inflation and increase their ability to provide community services. The initiative helps qualifying organizations make real estate purchases quickly, rather than risk losing their existing spaces to other buyers while trying to arrange financing. To date, more than 30 social-purpose entities have already received financial assistance and the program is attempting to expand.

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This Coffee Shop Aids In Re-Entry, But Struggles To Find Its Own Stability

Emma Wilcox

May 30, 2023 |

Next City |

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1500-3000 Words

Response Location: United States, Hamilton, Ohio

The Fringe coffee shop in Hamilton, Ohio, employs people who were formerly incarcerated as part of a re-entry program. The shop owners work with each employee to create a re-entry plan that can include things like therapy, addiction and recovery meetings, tutoring and education, and even free tattoo removal.

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Where The Community Owns The Real Estate

Lucas Grindley

May 29, 2023 |

Next City |

Podcast |

Over 15 Minutes

Response Location: United States, Philadelphia, Pennsylvania

The Kensington Corridor Trust acquires properties along three blocks in its Philadelphia neighborhood to give the community agency and control over how that real estate is used, with an emphasis on keeping housing affordable. The trust has acquired 16 properties so far and has signed its first commercial tenant, providing space for a local business owner.

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‘Building an Industry': Medical Cannabis Investors Focus On Lab Testing For Patient Safety

Heather Harrison

May 17, 2023 |

Mississippi Free Press |

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1500-3000 Words

Response Location: United States, Mississippi

When the Mississippi Medical Cannabis Act passed in 2022 and launched a new medical-marijuana program there was an unmet need for cannabis testing. To fill the gap, testing labs like Steep Hill Mississippi are emerging to ensure the medical marijuana available is safe to use.

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Start-ups see sustainable future in seaweed farming

Esan Swan

May 11, 2023 |

Financial Times |

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800-1500 Words

Response Location: Sweden

Companies are beginning to grow offshore seaweed for human consumption as a protein option that’s better for the environment. Growing seaweed on ropes in the ocean is less land-intensive, sequesters carbon, and doesn’t require fertilizer or pesticides.

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One Man's Trash: Athens Junk Removal Service Gives Back to Community

Ireland Hayes

May 08, 2023 |

Grady Newsource |

Text |

800-1500 Words

Response Location: United States, Athens, Georgia

A junk removal service in Athens, Georgia, is slowing the growth of the local landfill by recycling, donating, and giving away the items it can before taking the rest to the landfill.

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Local Social Impact Investors Are Pulling Chicago Out Of Junk Bond Status

Oscar Perry Abello

May 02, 2023 |

Next City |

Text |

1500-3000 Words

Response Location: United States, Chicago, Illinois

The city of Chicago is offering municipal bond investors — specifically those interested in ESG investing — opportunities to fund social projects like planting 15,000 trees in historically disinvested neighborhoods over the next three years, converting motels and single-room buildings into housing for people transitioning out of homelessness and replacing the city’s gas-powered vehicles with electric.

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Easy as ABC? Athens B Corporations Pave New Ways to Sustainability by ‘Getting Down to Business'

Marion Kronauge Lauren Minnick Lindsay Morris Katie Tong

April 28, 2023 |

Grady Newsource |

Multi-Media |

Under 3 Minutes

Response Location: United States, Athens, Georgia

B Local Georgia helps local businesses become B Corp certified, which means the business is sustainably operated and works to promote sustainable economic processes. The program has helped 34 companies across the state become B Corp certified.

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Waste worth watching: why Gree Energy wants your dirty water

Sasha Gallick

April 24, 2023 |

Pioneers Post |

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1500-3000 Words

Response Location: Indonesia

Gree Energy helps food processors in Indonesia overcome the financial barriers to installing anaerobic wastewater treatment plants. These plants turn methane emissions into biogas to be used as electricity or thermal energy. The company plans the builds, finds uses for the biogas, and establishes revenue to fund the projects.

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Phool – the Indian venture upcycling floral waste

Aslesha Mehta

April 20, 2023 |

Pioneers Post |

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1500-3000 Words

Response Location: India

The India-based company Phool collects floral waste from religious temples to keep it from being discarded in rivers. The flowers are used to make incense sticks, and the company provides employment for over 200 women from marginalized communities.

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