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The winner of this year's Sustainova Startup Challenge in Saudi Arabia has a message for the rest of the world: "If you want to save the planet, you have to start now."
The startup contest, organized by venture capital firm Risin Ventures in partnership with the country's Ministry of Environment, gave top honors to Verofax: A "groundbreaking solutionrevolutionizing industries' approach to decarbonization through a validated marketplace for green commodities," per a press release.
Runner-up Verofax: Tackling desertification and pollution challenges while aiming to plant 10 billion trees by 2030 through innovative tracking systems and ambitious initiatives like the Saudi Green Initiative. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
One of the world's largest green investment funds is set to announce its first transaction in the US. Per the Wall Street Journal, the Asia Green Fund (AGF) plans to invest up to $1 billion in a...more
Texas is following in the footsteps of Florida, Louisiana, South Carolina, and Utah by pulling billions from BlackRock, the world's biggest asset manager. The Texas State Board of Education...more
Amazon is taking a stand against climate change, and it's putting its money where its mouth is. The company on Tuesday announced the 15 startups that have been selected to participate in the...more
The European Central Bank is expected to cut interest rates for the first time in nearly a decade this week in an effort to boost the struggling eurozone economy, the Wall Street Journal...more
Foundation: Johnson Foundation, Robert Wood Johnson Foundation
The Robert Wood Johnson Foundation is giving $325 million to help communities that have suffered from "a historic lack of investment" in areas such as housing, water, and infrastructure, the New...more
"We are incredibly honored to receive this recognition from the Cary Chamber of Commerce," Joseph Jenkins, CEO and co-founder of dooable health, says in a press release. He's referring to the...more
Sickle cell disease is one of the most common genetic diseases in the world, affecting one in every 10,000 people, according to the World Health Organization. Now Abu Dhabi, the United Arab...more
Australia's Pathzero is the world's largest private-market emissions data network, with more than 50,000 assets under management, reports the Guardian. That's more than $13.1 trillion in global...more
"It's about time." That's how Natasha Garcha, senior director and gender-lens investing specialist at Impact Investment Exchange, is framing the investment world's first-of-its-kind asset class...more
The man responsible for turning Samsung into one of the world's most successful companies has died at the age of 99. Lee Byung-Chul, who founded the company in 1910 and became its chairman in...more
Social Entrepreneurship
Spotlight
Three Philanthropic Families Ensure Legacy of Super Bowl
The Tisch, Johnson and Mara families have announced $3 million in donations to the NY/NJ Snowflake Youth Foundation, the independent charitable legacy of the NY/NJ Super Bowl Host Committee.
