Economic development

Celebrating International Women's Day 2021

Newsletter

FSG is celebrating women in leadership this International Women's Day, March 8. Regardless of where you are in the world, we are happy to share these gender equity resources with you.

Black Leadership Spotlight: Jerelyn Rodriguez, The Knowledge House

Blog

In celebration of Black History Month, Common Impact is spotlighting remarkable Black nonprofit leaders and their many contributions to creating more positive, healthy, and equitable communities.

A New Home for Nestlé Purina in North Carolina

Duke Energy worked with local governments and organizations to bring 300 new jobs to Rockingham County
Blog

An abandoned brewery in North Carolina’s Rockingham County will be reimagined and transformed into a pet food manufacturing facility thanks to Nestlé Purina PetCare

Purina’s $450 million investment is a big gain for the county near the Virginia border as it adds 300 new positions to the region. In addition to jobs, it will add $60 million in state tax revenue over the next 12 years. Duke Energy worked with Nestlé Purina and local governments to help bring the factory to its service territory.

MSME Resilience: A New Framework for the New Normal

Blog

Micro, small, and medium enterprises (MSMEs), which are the socio-economic backbone of most countries, have been disproportionately affected by the COVID-19 pandemic. 

Governments, development agencies, philanthropic foundations, and corporates have all announced several short-term measures to support MSMEs. Most of these welcome interventions are, however, largely stopgap arrangements at best. For the most part, they do not address the medium-term structural challenges and the fundamental vulnerabilities to future stresses that MSMEs will continue to face.

Leveraging Sustainable Fashion to Achieve Economic Self-Sufficiency

S&P Global virtual volunteers support NYC nonprofit Custom Collaborative in its mission to help women from low-income and immigrant communities develop their fashion industry skills.
Press Release

For some, fashion is style, clothing and design. For Custom Collaborative, a NYC-based workforce development nonprofit, fashion is the path towards empowerment, self-sufficiency and success.

Freeport-McMoRan’s Greenlee County, Arizona Community Investment Fund Awards $169,000 in Grants

Press Release

February 20, 2020, /3BL Media/ - The Greenlee County Community Investment Fund recently selected the recipients and awarded more than $160,000 in grants to local communities and non-profit organizations.

The Greenlee County CIF is overseen by a committee of community leaders assembled by the Freeport-McMoRan Community Partnership Panel, to identify and address community needs in health care, education, environment, economic development and transportation.

Caterpillar's Support for Economic Development

Article

Caterpillar and its products support economic growth around the world, both in developed countries, where aging networks need improvement, and emerging regions, where new infrastructure is required. The company's products help ensure that investments in transportation, energy, telecommunications, waste and water infrastructure produce maximum benefits. Read more about how Caterpillar supports these investments. 

A First Step for Place-Focused Foundations

Three ideas for getting started as local impact investors
Blog

by Travis Green, Solutions Consultant, LOCUS Impact Investing

Comerica Bank Announces Record $100,000 Donation to Winner of 2019 Comerica Hatch Detroit Contest

Largest bank employer in Metro Detroit doubles down on small business in the Motor City
Press Release

DETROIT, June 7, 2019 /3BL Media/ - Comerica Bank, the longest-serving bank in Michigan for 170 years, is excited to announce a new, $100,000 donation to the winner of the 2019 Comerica Hatch Detroit Contest. The record amount in startup funds will go toward opening a brick and mortar business in Detroit, Hamtramck or Highland Park. In addition to Comerica’s $100,000 investment, the bank will also double its organizational support to Hatch Detroit with a supplementary $40,000 donation. 

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