;
$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...


Microsoft
Changemakers
Philadelphia Foundation


Social Entrepreneurship
Spotlight



Leicester Social Enterprise Guides Future Generations To Deliver Sustainable, Environmental Impact

Leicester Social Enterprise Guides Future Generations To Deliver Sustainable, Environmental Impact
Bina Sitaram, a 40-year old former senior garment technician in the fashion industry, has created...



Nonprofit Jobs in Mississippi

  Education Jobs
  Social Work Jobs
  Substance Abuse Jobs
  Social Work Jobs
  Social Services Jobs