The Fifth Third Foundation’s Innovation Meets Main Street program has announced the black, women-owned businesses receiving $1.2M in grants.
The Fifth Third Foundation announced the recipients of $1.2 million in grants for Black, woman-owned businesses and the organizations that serve them through the Innovation Meets Main Street: Boosting Black, Woman-owned Businesses program, which was announced in September 2020.
The initiative was a partnership between Local Initiatives Support Corporation and the Association for Enterprise Opportunity and was completely powered by Fifth Third as a part of a larger $8.75 million pledge to support small businesses during the COVID-19 pandemic.
Jewelle Bickford explains how CEOs can and must use gender lens strategy to support women in documentary Covid, Women and the US Economy.
In a BBC documentary about the impact of COVID on the economy and women in the workplace, Paradigm for Parity® Co-Chair Jewelle Bickford spoke with Nada Tawfik about the critical role CEOs play in achieving gender parity and the specific steps companies can take to support the advancement of women.
Bickford was optimistic that more employers will soon realize that hiring and advancing women of all backgrounds benefits everyone, saying “Those companies that have women on the board and in the C-Suite and throughout the company show 25% more profitability, so once companies know it’s more profitable, it lowers income inequality, and it helps stabilize the family structure, it’s a win-win.”
The Global Fund and Fondation CHANEL are launching Voix EssentiELLES, a partnership to support women’s health care in central and western Africa.
(March, 2021) The Global Fund and Fondation CHANEL have signed a new agreement to set up a civil society-led fund to strengthen women’s and girls’ engagement in developing health policies, including Global Fund-related processes, in western and central Africa. The partnership, worth US $1.5 million, will run for three years starting in Senegal, Burkina Faso, and Côte d’Ivoire.
Citizens and Black Girls CODE have partnered to launch virtual CODE clubs across the U.S. to bring STEM to girls in underserved communities.
Women and girls of color will have additional opportunities for early involvement in the technology field via a new partnership between Citizens and Black Girls CODE. A component of Citizens’ previously announced commitment to promote social equity and advance economic opportunity in underserved communities, the partnership includes the launch of four new virtual CODE clubs to increase participation and interest in technology.
Abacus Wealth Partners and Robasciotti & Philipson have announced a merger to focus the firm on investors supporting social justice.
A merger was announced on March 3rd between Abacus Wealth Partners (“Abacus”), an impact-driven financial planning and wealth management firm, and the nationally-acclaimed, social justice-aligned investment firm, Robasciotti & Philipson (“R&P”), headquartered in San Francisco. Together, the two firms will operate under the Abacus name, and co-founders Rachel Robasciotti and Maya Philipson will now serve on the Abacus team as Director of Advocacy Engagement and Strategic Advisor, respectively. Through this merger, Abacus welcomes 115 additional households representing $130M in assets.
Spotify’s EQUAL, launched in honor of Women’s History Month, will amplify women’s voices online and abroad, even beyond March.
(Press Release, March 8, 2021) Spotify is always dedicated to empowering women creators and giving them a place to share their content with the world. Today, International Women’s Day, we are especially excited to launch a new campaign, EQUAL, to demonstrate our commitment to fostering equity for women in audio and celebrating their global contributions. The campaign will include partnerships, activations, new content experiences, and on- and off-platform support on local, regional, and international levels. Finally, it will also call on users to actively take control of their listening habits, making sure they play more women creators, no matter the day.
Goldman Sachs has launched the One Million Black Women Initiative to target the inequality facing black women across the U.S.
The Goldman Sachs Group, Inc. (NYSE: GS) announced a new investment initiative of more than $10 billion to advance racial equity and economic opportunity by investing in Black women. In partnership with Black women-led organizations, financial institutions and other partners, Goldman Sachs will commit $10 billion in direct investment capital and $100 million in philanthropic capital over the next decade to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic. The initiative, One Million Black Women, is named for and guided by the goal of impacting the lives of at least 1 million Black women by 2030.
Editor’s Note: The following letter is from Jacqueline Fuller, President of Google.org.
When women and girls have the resources and opportunities to turn their potential into power, it changes the trajectory of their lives and strengthens entire communities. I’ve seen this play out first hand while living in India, where public health programs that put resources and decision-making in the hands of women drove much stronger outcomes for their families and villages. I’ve seen this in my own life, when bosses — both male and female — gave me stretch opportunities and bet on my leadership.
The luxury department chain Saks Fifth Avenue has launched the Visionary Voice Awards program to honor women working in mental health care.
In honor of Women’s History Month, Saks Fifth Avenue will recognize women who are helping to pave the way for the future of mental health care and solutions through its first Visionary Voice Awards program.
The initiative builds upon Saks’ commitment to increase understanding of the importance of mental health, improve access to care and promote skills that build positive mental health for those who need it through the Saks Foundation.
Seneca Women, Mastercard, and Deserve have teamed up to create The Card, a credit card designed to help and support women worldwide.
Seneca Women, a global leadership and media platform, together with Mastercard and Deserve today announced a credit card created to advance women in the economy. The Card by Seneca Women, scheduled to launch this Spring, is the first-ever card to reward cardholders for shopping at women-owned businesses that are included in the Seneca Women Marketplace. The Marketplace will launch with over 1 million women-owned businesses. The Card also facilitates donations to women-focused nonprofits.