United Way of Greater Cincinnati’s Backpacks for Success project recently provided thousands of local students with new backpacks filled with essential school supplies, with the combined value exceeding $106,000. Most distributions took place throughout August during community events hosted by partner organizations, ensuring children felt prepared and supported as they returned to school. Moira Weir,… [Read More]
Business
MAI Capital Management Announces Strategic Partnership with Evoke Advisors
MAI Capital Management, a Cleveland-based registered investment advisor (RIA), has announced a strategic partnership with Los Angeles-based RIA, Evoke Advisors, creating a national firm managing approximately $60 billion in assets under management and advisement. The combination brings together two complementary businesses, significantly expanding their national presence and strengthening services for ultra-high-net-worth individuals across more than… [Read More]
Creating Jobs to Empower People Living in Poverty
The global economy faces a pressing challenge: over the next decade, 1.2 billion young people in emerging markets will reach working age, but only 420 million jobs are expected to be created. This leaves hundreds of millions, many from poor and vulnerable communities, without stable income or opportunities for economic mobility. While long-term job creation… [Read More]
World Bank Launches New Initiative Linking Fiscal Sustainability and Forest Conservation in Amazonas
The World Bank Board of Directors has approved a new operation to boost the environmental governance of the State of Amazonas by enhancing its fiscal sustainability, and mobilizing finance for forest conservation and a low-carbon bioeconomy. This will provide more economic opportunities and jobs for the State’s population, especially Indigenous Peoples, smallholders, and traditional forest-dwelling… [Read More]
UN experts reaffirm central role of gender in advancing human rights and equality
A group of UN experts has issued a joint statement reaffirming the importance of gender as a central tool in advancing substantive equality and human rights for all. They stressed that gender-based discrimination must be addressed alongside sex-based discrimination, noting that gender is shaped by evolving social and cultural norms, roles, and power dynamics. The… [Read More]
World Environment Day 2025: Fighting Plastic Pollution to Restore Global Food Systems
Since its inception in 1974, World Environment Day has served as a global platform to address urgent environmental challenges and inspire collective action. On June 5, 2025, the Republic of Korea will host the event, with the theme centered on tackling one of the world’s most pressing crises: plastic pollution. With nearly 400 million tonnes… [Read More]
EIB Approves €16 Billion in Financing to Boost Ukraine’s Energy Security and Housing
The European Investment Bank (EIB) has approved €16 billion in new financing aimed at supporting Ukraine’s energy security, promoting Europe’s green transition, enhancing urban development, and reinforcing global partnerships. This comprehensive funding package demonstrates the EIB’s strategic role in fostering sustainable growth, competitiveness, and resilience across Europe and beyond. Within Europe, €5.4 billion has been… [Read More]
€5.2 Million Springfield Flood Relief Scheme Completed by OPW and Clare County Council
The Office of Public Works (OPW) and Clare County Council have announced the completion of the €5.2 million Springfield Flood Relief Scheme, designed to protect 21 homes in the Springfield area from significant flooding. The project represents a collaborative effort between the two organizations and is part of a wider programme of flood relief measures… [Read More]
EU and Philippines Launch Innovation Challenge to Drive Circular City Solutions
The European Union (EU) and the Philippines launched the Circular Solutions Innovation Challenge in Pasig City on 20 August 2025 to accelerate the country’s transition to a green, circular, and inclusive economy. This initiative is part of the EU-Philippines Green Economy Partnership, funded by the EU and led by the Department of Environment and Natural… [Read More]
EU and Jordan Move Forward on €500 Million Support to Strengthen Jordan’s Financial Stability
The European Commission and Jordan have signed a Memorandum of Understanding to launch the implementation of €500 million in Macro-Financial Assistance (MFA) to Jordan. This programme forms part of the broader EU-Jordan Strategic and Comprehensive Partnership adopted earlier in 2025, aimed at supporting Jordan’s economic stability, growth, long-term resilience, and structural reforms. The fourth MFA,… [Read More]
Dubai Future Foundation and Amazon Launch Gig Economy Programme Under Sandbox Dubai
Dubai Future Foundation and Amazon UAE have jointly launched an innovative programme under the Sandbox Dubai initiative to enable individuals to participate in the gig economy by delivering Amazon packages on foot. This collaboration follows Amazon’s approval to join Sandbox Dubai in the Gig Economy sector, an initiative endorsed by H.H. Sheikh Hamdan bin Mohammed… [Read More]
Bayer Foundation and UNCDF Launch Investment Vehicle to Support Food Systems Enterprises
$4.5 million in new funding from Bayer Foundation to UNCDF for catalytic investments in innovative food security enterprises / Innovative financing model combines philanthropic capital from Bayer Foundation with UNCDF’s mandate as dedicated investment partner for underserved markets / First investments planned to be deployed in 2025 Leverkusen / New York, August 26, 2025: Bayer… [Read More]
Gilbert Family Foundation Invests Over $4 Million to Boost Detroit Businesses During Black Business Month
The Gilbert Family Foundation has announced more than $4 million in new grants to support Black Leaders Detroit (BLD) and the Michigan Black Business Alliance (MBBA), coinciding with National Black Business Month, which celebrates the contributions of Black-owned businesses across the United States. The funding is aimed at strengthening Detroit’s business ecosystem by providing expanded… [Read More]
Panasonic Announces Kid Witness News India Winners, Promotes UN Sustainable Development Goals
Panasonic Life Solutions India (PLSIND), a leading diversified technology company, announced the winners of its Kid Witness News (KWN) program in India. The initiative, part of a global effort by Panasonic, aims to raise awareness about the United Nations’ Sustainable Development Goals (SDGs) among school students by equipping them with digital storytelling skills and encouraging… [Read More]
Unlocking Climate Finance for Sustainable Livestock in Africa: Key Takeaways from the Global Business Summit
The Second Climate Change Global Business Summit on Africa took place in Nairobi, Kenya, on 19–20 March 2025, bringing together leaders from the public and private sectors to discuss Africa’s climate challenges and opportunities. A central theme of the event was unlocking climate finance for the continent, with a particular focus on mobilizing resources to… [Read More]
Harnessing Africa’s Digital Economy for Growth, Integration, and Shared Prosperity
Micro, small, and medium-sized enterprises (MSMEs) form the backbone of Africa’s economy but continue to struggle with limited access to finance, markets, and digital solutions. Strengthening their ability to adopt and leverage digital tools has become a shared priority for African governments, the United Nations Conference on Trade and Development (UNCTAD), and eTrade for all… [Read More]
Sahel Capital Lands $10M Funding from Mastercard Foundation to Boost African Agri-SMEs
The Social Enterprise Fund for Agriculture in Africa (SEFAA), managed by Sahel Capital, has secured a $10 million investment from the Mastercard Foundation Africa Growth Fund, managed by MEDA (Mennonite Economic Development Associates) in Mauritius. This funding will enable SEFAA to expand support for small and medium-sized agribusinesses (agri-SMEs) across 13 sub-Saharan African countries, creating… [Read More]
$119M in Development Proposals Submitted for Clinton Street Projects
The City of Binghamton has received 55 project proposals totaling nearly $119 million in response to its public call for ideas under the Downtown Revitalization Initiative (DRI) State grant for the Clinton Street neighborhood. Mayor Jared M. Kraham highlighted the strong response from business owners, developers, non-profits, and community stakeholders, emphasizing the significant private investment… [Read More]
Canada Invests $1M+ to Boost Innovation and Economic Growth in Northern Ontario
The Government of Canada, through FedNor, is investing $1,050,000 to support two major initiatives led by NORCAT in Northern Ontario, as announced by Viviane Lapointe, Member of Parliament for Sudbury, on behalf of Minister Patty Hajdu. These investments aim to drive innovation, skill development, and the growth of small- and medium-sized enterprises (SMEs) in the… [Read More]
Government of Canada Strengthens Support for 2SLGBTQI+ Communities Nationwide
The Government of Canada reaffirmed its support for 2SLGBTQI+ communities, highlighting the ongoing progress of the Federal 2SLGBTQI+ Action Plan, which aims to promote equality and address challenges faced by these communities. Minister Rechie Valdez, joined by MPs Hedy Fry and Wade Chang, announced initiatives including the 2SLGBTQI+ Entrepreneurship Program, which provides $25 million to… [Read More]
Bill Gates Highlights Korea’s Health Leadership Ahead of New Seoul Office Opening
Bill Gates, chair of the Gates Foundation and Microsoft founder, emphasized South Korea’s growing role in global health during his visit to the country ahead of the foundation’s new Seoul office opening. Speaking to the JoongAng Ilbo, Gates highlighted that while many donors have reduced funding for global health, Korea has more than doubled its… [Read More]
Comcast Donates $50,000 to San Bruno Education Foundation to Expand Digital Opportunities
Comcast has announced a $50,000 donation to the San Bruno Education Foundation (SBEF) during a community barbecue held on August 22. The contribution will support a range of afterschool programs that emphasize technology and digital learning opportunities, aiming to expand access and foster skill development for local students. David Tashjian, regional senior vice president of… [Read More]
Over $6.8 Million from PacifiCan to Boost Innovation and Entrepreneurship in Coquitlam
In Coquitlam, British Columbia, the federal agency Pacific Economic Development Canada (PacifiCan) announced an investment of over $6.8 million in two local businesses focused on sustainability and innovative technologies in the energy and textile sectors. This initiative reflects British Columbia’s growing ecosystem of entrepreneurs and small businesses tackling contemporary economic and environmental challenges. Moment Energy,… [Read More]
