We are always on the lookout for perspectives on the American Dream, examples of people and organizations furthering social and economic mobility. Below are a few publications that we found particularly engaging and thought-provoking in May 2021.
"Grameen America Accelerates Efforts to Achieve Racial Equity with Goal to Invest $1.3 Billion in Loans to 80,000 Black Women Entrepreneurs Over 10 Years"
This month, Grameen America, a leading microfinance nonprofit organization providing business capital to low-income minority women in the United States, announced its plan to accelerate its commitment to racial equity through its new Elevating Black Women Entrepreneurs initiative. The organization is positioned to reach more than half a million women by 2030.
"WorkingNation’s Mission Breaks The Stigma Of Unemployment, Helps People Find Purpose"
According to the Bureau of Labor Statistics, the unemployment rate in the United States was 6.1% in April 2021. WorkingNation, a nonprofit founded in 2016 by venture capitalist Art Bilger (a member of our Advisory Council), seeks to expose the hard truths about the looming unemployment crisis and bring the country together to create and amplify solutions for a changing economy. In a Forbes article this month, two members of WorkingNation's team share valuable insights on the future of work and essential next steps to help individuals prepare for a new career path.
"Financial Optimism Improving among Millennials and Gen Z in America"
A new Ipsos poll conducted on behalf of BMO Harris Bank in April 2021 has found that Americans are feeling more positive about their financial situation, with younger adults leading the improvement. Among many interesting results, the poll found that Gen Z (80%) and younger Millennials (84%) are more likely than they were earlier this year to say that they are actively taking steps to improve their financial position.