On April 9, eight weeks of work on strategy, product-market fit, product development, and more culminated in a Demo Day for the cohort of entrepreneurs in the Impact Accelerator run by SEED SPOT, a globally ranked social impact incubator and Booz Allen partner.
Ten entrepreneurial teams pitched their businesses at the Woolly Mammoth Theatre Company in Washington, D.C. The reward: up to $20,000 in grants and other prizes.
In the global fight against poverty, a quiet revolution in corporate giving has been bubbling under the surface. Smaller brands are finding that a relatively modest amount of money can help transform the lives of women and their families. One important strategy is to fund microloans for women, who worldwide are more likely to be impoverished than men.
In this series, we introduce you to the winners of Goldcorp’s Global Excellence Awards 2019. The Awards were launched in 2014 and are held every year to celebrate excellence and recognize achievements and successes made by individuals and teams across our organization who are thinking innovatively, finding ways to improve our business and supporting our vision of Together, Creating Sustainable Value.
TriplePundit Flash: Yes, Smaller Brands Can Help End Global Poverty
In the global fight against poverty, a quiet revolution in corporate giving has been bubbling under the surface. Smaller brands are finding that a relatively modest amount of money can make help transform the lives of women and their families. One important strategy is to focus microloans on women, who are both more likely to be impoverished; the result is that creative means of financing can make a significant difference in women’s families and their communities.
Providing clean, safe drinking water and alleviating poverty
Numi Organic Tea is a member of Whole Planet Foundation’s Supplier Alliance for Microcredit, donating $50,000 this year to alleviate global poverty through microcredit. Microloans are small loans – the current average first loan size supported by Whole Planet Foundation is $178 – with no formal collateral or contract, provided to the world’s poorest people – mostly women - to create or expand a business for the opportunity to pull themselves and their families out of poverty.