;
$7M Federal Grant For Social Enterprise Solutions For Folks Facing Job Barriers

$7M Federal Grant For Social Enterprise Solutions For Folks Facing Job Barriers

REDF, a San Francisco-based nonprofit, will receive a $7 Million grant from the federal Social Innovation Fund program.

The unprecedented social enterprise investment will extend the reach of REDF’s evidence-based workforce development program to underserved people across the United States.

  • The grant represents the largest U.S. government investment to this point in social enterprise to assist those facing the greatest employment barriers and brings total funding since 2010 to $22 million.
  • An additional $7 million will be raised from private sources to match the federal grant.
  • Independent research has shown that every $1 spent by social enterprises returns $2.23 in benefits to society.
  • One year after starting work, the income of people employed by these social enterprises increased 268%, income from government benefits dropped from 71% to 24% and housing stability tripled.

Source: REDF Receives $7 Million Federal Grant


Social Entrepreneurship News from...


Skoll Foundation
Coca-Cola Foundation
Microsoft


Social Entrepreneurship
Spotlight



“Saving Seeds is a Political Act”

“Saving Seeds is a Political Act”
Vandana Shiva, a scientist and environmentalist known for her activism against GMOs, globalization, and patents...



Jobs in the Social Sector

  Social Work Jobs
  Social Services Jobs
  Foundation Related Jobs
  Fundraising & Development Jobs
  Education Jobs