Four Ways Ellevate Squads Showed Me the Future is Female

Editor’s Note: The following personal essay is a reflection on one individual’s participation in the EllevateHER Forward Fellowship program. This is not a program endorsement or a sales post. Philanthropy Women was not compensated for this article.

Image Credit: Ellevate

This fall, I had the good fortune to be selected as an EllevateHER Forward Fellow, one of a group of women selected to participate in Ellevate‘s Fall 2020 cohort for women’s leadership and career growth programming. As part of the Fellowship, I participated in the Ellevate Squads program, which redefines traditional “networking” groups by pairing women all over the country with a consistent “Squad” for twelve weeks.

Grameen America Starts New Loan Fund for Low-Income Women

Microfinance nonprofit organization Grameen America recently announced a new loan fund to provide approximately $200 million of cumulative loans to low-income minority women business owners. These loans are especially important during the COVID-19 pandemic, which has put extreme pressure on small business owners as they seek to pull themselves and their families out of poverty.

GRAMEEN AMERICA LAUNCHES IMPACT INVESTING FUND TO SUPPORT MINORITY WOMEN IMPACTED BY THE PANDEMIC

Funds Will Provide Nearly $200 Million of Cumulative Loans to Women Entrepreneurs over Five Years

New York, NY, December 10, 2020 — National microfinance nonprofit organization Grameen America today announced the launch of its $17.5 million Social Business Fund II (“SBF II” or “the Fund”), a social impact investment opportunity that will provide nearly $200 million of cumulative loan capital low-income minority business owners over its five year life.

100 Black Business Women Selected for $25 K from American Express

NEW YORK–(BUSINESS WIRE)–Today, American Express (NYSE: AXP) revealed the 100 Black women entrepreneurs selected for its “100 for 100” program, which will provide each with grants of $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton hotel reservation credits and more.

100 black-women-owned businesses receive $25,000 each to grow their impact. (Image credit: American Express)

American Express created this program in partnership with IFundWomen of Color, the leading platform for women of color to raise capital, to support Black women entrepreneurs as they work to jump start and grow their business ventures. The initiative is part of American Express’ recently announced $1 billion action plan to enhance diverse representation and promote equal opportunities for its colleagues, customers and communities.

Ensuring “Post-Traumatic Growth” for Women in The COVID Economy

Editor’s Note: The following dialogue is between Dr. Diandra J. Prescod, associate professor and program coordinator of counselor education at the University of Connecticut, and Erin Milroy, president of Kuder, Inc., an award-winning career guidance solutions provider. Their exchange offers perspectives on how to prepare and support American workers, particularly women, as we deal with COVID and its economic and social impacts.

With millions displaced due to the ongoing COVID-19 pandemic, America’s workforce, and American families from all walks of life, have been hit hard.

*Dr. Diandra J. Prescod, associate professor and program coordinator of counselor education at the University of Connecticut*. (Image Credit: Diandra J. Prescod)

Many women and men have been laid off or furloughed by their employers and have been forced to seek employment elsewhere, re-entering what is one of the most difficult climates since the Great Depression. Other households continue to struggle to find daily work-life balance, a dilemma made worse for those who, amidst social distancing measures to avoid infection, have been faced with unprecedented challenges, such as homeschooling their children during their workdays.

Workers Lab Announces Innovation Fund $150K Winners

From March to April 2020, The Workers Lab issued an open call for applications to the Innovation Fund, a program co-sponsored by the Bill & Melinda Gates Foundation. The Innovation Fund is designed to grant $150,000 to three winners per investment cycle, awarding these highly sought-after prizes to organizations and individuals with the best ideas for improving the lives of workers.

“Our hope in this application cycle was to better understand what innovations are out there reimagining the kinds of support workers lean on to make it all work,” said Tiffany Ferguson, program director at The Workers Lab. “That could mean services, tools, or programs – any range of ideas that, with an investment from The Innovation Fund, could make it easier for workers to access and use their full potential.”

I Am A Scientist: Changing How We See Women In Science

Editor’s Note: The following essay is by Stephanie Fine Sasse, founder of The Plenary, Co., a 501(c)3 nonprofit committed to making social and environmental issues more accessible through science, art, and play.

A few years ago, I sat across from twelve dynamic, accomplished, and inspiring women. They were artists, dancers, singers, musicians, gamers, athletes, activists, and moms.

I am a scientist — Stephanie Fine Sasse, Founder of The Plenary Co. (Image Credit: Eric Shilling)

And of course, they were scientists.

I watched their eyes light up as they spoke about the curiosities and purpose behind their work. And I watched their eyes narrow as they reflected on the challenges that they faced. Many of them spoke about the important roles of failure, creativity, and collaboration in the sciences; concepts that are too often missing from the job description. And others shared their favorite parts of their work: discovery, travel, teamwork, writing, or mentoring students.

Empowering Black Women Entrepreneurs with the Doonie Fund

Kathryn Finney didn’t learn her grandmother’s real name until she turned 10 years old. Doonie Hale was an entrepreneur, a single mom, and the owner/operator of her own business as a seamstress in Milwaukee. Her story, her spirit, and her work inspire Kathryn Finney’s work today as the Founder of digitalundivided and The Doonie Fund.

digitalundivided (DID) serves as a catalyst for Black and Latinx women entrepreneurs. The Doonie Fund, created by DID Founder Kathryn Finney, has offered micro investments of $100 to more than 500 Black women entrepreneurs since April 2020. (**Image Credit:** DID)

“I was 10 years old when I learned that my grandmother’s real first name is Kathryn,” says Finney. “The lessons the original Kathryn taught me about being a Black woman entrepreneur, about creating beauty, is the reason why I’m here today.”

Equality Can’t Wait Challenge Launches With $30 Million to Give

Editor’s Note: The following announcement was provided by Lever for Change, a John D. and Catherine T. MacArthur Affiliate.

Equality Can’t Wait Challenge

Launched on June 16, 2020, the Equality Can’t Wait Challenge will award $30 million to help expand women’s power and influence in the United States by 2030. Hosted by Pivotal Ventures, the investment and incubation company created by Melinda Gates, the Challenge seeks to accelerate the pace of progress for more women of all backgrounds to be in positions to make decisions, control resources, and shape policies and perspectives in their homes, workplaces, and communities – because equality can’t wait. Applicants must register online by Tuesday, September 1, 2020.

NDWA Announces $4 Mil Care Fund for Domestic Workers

In March 2020, the National Domestic Workers Alliance announced the Coronavirus Care Fund, a campaign to raise $4 million in emergency relief funds for domestic workers affected by the coronavirus pandemic.

On March 16, the NDWA announced its campaign to raise $4 million to support domestic workers impacted by the coronavirus pandemic. (**Image Credit:** NDWA)

Domestic workers, a large percentage of whom are women, immigrants, and people of color, are among the unsung heroes on the front lines of the pandemic. They take care of homes, families, and people who are at high risk of catching the virus, like the elderly and people with chronic illnesses. What’s more, many domestic workers find themselves faced with the COVID-19 crisis without any kind of support network, savings to fall back on, or union to protect their rights.

Melinda Gates Wants Cities to Get Gender.Equality.Tech

New City-Based Initiative to Increase Women in Tech in the U.S. Kicks Off in Chicago

January 28, 2020 Pivotal Ventures, together with Break Through Tech, SecondMuse, and several leading social organizations, announced today a new initiative, Gender Equality in Tech (GET) Cities, designed to accelerate the representation and leadership of women in tech through the development of inclusive tech hubs across the U.S. With a $50 million investment from Pivotal Ventures, the initiative will focus on three U.S. cities over five years – kicking-off in Chicago in January 2020.

An image of Chicago with words typed over which read Gender. Equality. Tech. — The GET Cities project will invest $50 million in three cities over five years. (Image credit: Pivotal Ventures)

As local tech ecosystems grow, GET Cities looks to engage students from the first college course, to women in the current workforce, to female founders and investors. The initiative aims to create collaborative models that can be replicated in other growing innovation hubs by bringing together key stakeholders to invest and align resources and create shared goals for women in tech across academia, non-profit, government, venture capital, and business sectors in each selected city. The goal is to maximize the impact of local women-in-tech efforts, crowd in other funders, and foster local coordination that can accelerate the pace of change, nationally.

Category: Workforce Development