New funding will be given to 1,200 unemployed and underemployed workers in Chicago to prepare them for industry-specific skills in education, healthcare, manufacturing, and transportation.
The Citi Foundation and the Local Initiatives Support Corporation (LISC) awarded $700,000 to four Chicago nonprofits through the Bridges to Career Opportunities initiative (Bridges). The Chicago grantees have successful track records of outreach in the communities they serve. The grantees include lnstituto del Progreso Latino (Pilsen), Jane Addams Resource Corporation (Ravenswood), Metropolitan Family Services (citywide), and North Lawndale Employment Network (Lawndale).
They will use the Bridges funds to adapt their services to employment sectors and to reach a wider audience of local residents. The grants are part of a $10 million three-year national effort by the Citi Foundation and LISC to expand the reach of Bridges and provide economic opportunity for many Chicago families, which include 1,200 workers, to raise their quality of life. Read the Entire Article
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The Social Economy Alliance, created by 23 social enterprises, co-operatives and charities, have conducted a poll that shows “clear preference exists for community-owned businesses that reinvest profits, with around half of consumers saying they would switch to one in housing, transport and banking.”