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"California has a unique opportunity to further its efforts to build a'regions' approach to development that brings together goals surrounding economy, equity, and environment," says Ashley Swearengin, former mayor of Fresno and current president and CEO of the Central Valley Community Foundation, per the Public Policy Initiative of California.
That means investing in rural parts of the state, she says, "actually means a brighter future for other parts of the state."
That's why the Little Hoover Commission is applauding Gov.
Gavin Newsom's $600 million Regional Investment Initiative, launched in 2021 to support regional economic development efforts.
The initiative "offered a tremendous opportunity for the state to strengthen and expand existing grassroots coalitions and accelerate more inclusive and sustainable regional economic growth," the commission found in a November 2022 report, per the Fresno Bee.
But the commission also found that the initiative suffered from challenges, including balancing among different outcome goals, ensuring that regions receive the scale of investment necessary to change their economic trajectories, and coordinating the range of state programs that can support inclusive regional economic development.
In its report, the commission also recommended that the state better support regions as they seek to execute economic development strategies, such as focusing on industries with high growth potential and connecting members of disadvantaged communities with the quality
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The National Institute on Alcohol Abuse and Alcoholism is out with a new report on substance abuse, and it's a doozy. The report, published in the journal Alcoholism and Alcoholism: Clinical,...more
Fahren Nipple is an autopsy assistant in Maryland's Office of the Chief Medical Examiner, and she's also the assistant program director for the Master of Science in Forensic Medicine at the Graduate...more
If you've ever wanted to be a nurse, now's your chance. TheGalen College of Nursing has opened a new 40,000-square-foot campus in Richardson, Texas, that's specifically dedicated to nursing...more
Employees of BlackRock, the world's biggest asset management firm, will soon be able to sock away money for retirement without worrying about running out of it. The firm has teamed up with the...more
The German state of Bavaria and the Australian state of Queensland are teaming up to work on a host of cutting-edge projects, including artificial intelligence, quantum technologies, clean energy,...more
When Heidi Allison and her husband, Larry Rhoades, opened Nate's Place a year ago in Oxnard, Calif., they had one goal: to help at-risk teens and young adults stay on the right track with sobriety...more
Lisette Nieves was the first Puerto Rican woman and the first Brooklyn College grad to be a Rhodes scholar when she graduated from the college in 1992. Now she's the president of the Fund for the...more
A group of 30 Nobel Peace Prize winners gathered at the Vatican this week to talk about promoting peace, and one of them had a message for today's "profit-centric" society: It's time to create a "...more
"To be a great investor, you have to be open-minded and look for misunderstood opportunities." That was Christopher Pan's advice to Ohio State University's graduating class on Sunday, and he's...more
"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more
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Gates Foundation
Howard Hughes Medical Institute
Rhode Island Foundation
Jack Kent Cooke Foundation
Johnson County Community Foundation
Ontario Trillium Foundation
Omaha Community Foundation
Silicon Valley Community Foundation
Regional Access Project Foundation
Ford Motor Company Fund
Social Entrepreneurship
Spotlight
3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.
