A research fellow at Deakin University’s School of Engineering in Australia has developed a world-first technology 3D printer prototype capable of printing plumbing and sanitation supplies using discarded plastics - and what's more, it runs on solar power. They are partnering with NGO Plan International to implement this technology in the Solomon Islands, where locals will learn to print the parts they need, thereby solving the dual problems of plastic rubbish and a lack of access to vital mechanical parts for clean water supply. The model gives these communities tools to solve their own problems.
Read MoreGjenge Makers Ltd is an alternative building product manufacturing company that creates products – such as pavers and blocks – out of recycled plastics. Founded by four Kenyan engineers, the team began by studying the manufacturing process and researching what products would do well on the market. They then built all of the machinery themselves, which break down the plastics, and then mix them with other building material products to ultimately create customizable plastic bricks that can withstand larger weight and are less expensive than concrete. They are popular in rural and lower-income areas.
Read MoreSolar-powered cold storage units operated through Farmer Producer Organizations in India have reduced post-harvest losses from as high as one-third of crops to minimal levels. This enables smallholder farmers to save on storage and transportation costs while gaining control over when to sell their produce at better prices.
Read MoreAmerican cars made since the early 1980s have carried ratings from the federal New Car Assessment Program, showing how risky they are to human life in a crash. NCAP ratings motivated a host of safety enhancements by manufacturers. Since the 1990s, similar programs in the European Union, China, Australia, Korea, and Japan have also rated vehicles' risks to pedestrians and bicyclists, and their fatalities have dropped. Not so in the U.S., where industry resistance has stalled expansion of NCAP ratings. Advocates hope the Biden Transportation Department will finally expand the program.
Read MoreAbandoned buildings can become spaces for economic innovation and experimentation. An abandoned resort spa in Rotterdam, The Netherlands, now houses BlueCity, an ecosystem of sustainable enterprises. The initiative aligns with The Netherland’s 2050 circular strategy, which aims to reduce waste and implement circular design into the economic. At BlueCity, the businesses are leaders in sustainable innovations, from brewers that share byproducts with bakers to companies that recycle plastic.
Read MoreOver two million baby boomers own their own companies, and with retirement looming, the government stepped in with a solution. A portion of a 2018 federal bill included language that will push the Small Business Administration to help baby boomers transition ownership of their companies to their employees if they wish. This will mitigate job loss often associated with a retiring business owner putting the company up for sale. Employee owners on average make a higher salary and have higher job stability, supporting the idea that employee ownership is beneficial for everyone involved, as well as for the econom
Read MoreUnlike many other small Montana towns, the community of Three Forks has managed to humbly thrive by investing in several economic drivers rather than rely solely on the railroad as its only large employer. With booming talc and cement plants as well as new entrepreneurial spirit, Three Forks remains steady and continues to renovate for tourists and town-folk alike.
Read MoreA local energy cooperative in Colorado, Delta Montrose Electric Association, is spurring economic development through renewable energy. The program has allowed Delta County to diversify energy sources, and has become a tool for economic revitalization.
Read MoreUsing mycelium from mushrooms offers a sustainable and biodegradable alternative to synthetic polymers. Mushrooms produce a natural structure that can be used in building and construction, in lieu of plastics or processed wood products that often contain urea-formaldehyde or other harmful bonding agents. Ecovative Design uses a mushroom-based material to create products ranging from packing to furniture.
Read MoreMicrofinance started to help reduce world poverty but, in the long run, without bank accounts it is hard for beginning entrepreneurs to really get going and to help the economy. Now that paying is possible through cellular phones, more people will have the opportunity to have a bank account and hopefully cause a decrease in poverty.
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