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Pope Francis is seeking to address global problems by calling young people, regardless of faith, to take action. Just last month, Pope Francis has published a letter inviting young professionals to travel to Assisi, Italy next year. Assisi, known as the City of Peace, is also the home of St. Francis of Assisi.
With the new economy, "the economy of Francis," the Pope aspires to inspire change and promote better business models through this initiative.
According to the World Economic Forum's Global Shapers Survey, an annual study conducted in 186 countries, it makes sense for Francis to recruit a young population to act and develop solutions to problems, such as climate change and inequality.
The question being asked is, should entrepreneurship be part of the solution of problems? The author, Sergio Palacios, commented that he believes entrepreneurship is a powerful tool to solve small and big problems.
In connection with the Pope Francis' new economy, Palacios adds that entrepreneurship is not limited to starting and owning a business, but also encompasses acting entrepreneurially inside organizations, from startups and small nonprofits to big corporations.
Palacios, who is also a an entrepreneurship educator and scholar at St. Mary's University, writes that in educational institutions, including St. Mary's, students and alumni taking action as members of the entrepreneurial ecosystems will help improve the planet and create value for generations to come.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Quebec City's Mus ? 'e des beaux-arts du Qu'bec museum is getting a major boost from a single man. Michael Audain, chairman of the Jean Paul Riopelle Foundation, has pledged $10 million toward...more
Foundation: Ford Motor Company Fund
The Ford Motor Company's philanthropic arm is getting a new name: Ford Philanthropy. The rebranding reflects Ford's 75-year legacy of "driving impact in Ford communities around the world," says...more
A leaked list of the European Union's top priorities for the next decade paints a bleak picture for the bloc's efforts to combat climate change. The list, prepared by the European Commission and...more
If you're a teen in Lenawee County, Mich., and you love giving back to your community, you may want to consider becoming a member of the Lenawee YOUTH Council. The council, a program of the...more
Foundation: Whitefish Community Foundation
"But wait. We're not done yet." That was the message from Lois Davis, CEO of the Whitefish Community Foundation, as it handed out $520,300 in grants to 68 nonprofit organizations in the...more
When All Things Right and Relevant closed its doors in Davis, Calif., earlier this year, it left behind a legacy of support for those with mental illness. Now, with $1.3 million from the sale of...more
Foundation: Community Foundation of the Ozarks
Volunteers are needed for a Springfield, Mo., charity that helps kids with disabilities play baseball. Hamra Enterprises, a family-owned company that operates nearly 200 restaurants nationwide,...more
It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market. A Bloomberg...more
Foundation: Kellogg Foundation
For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more
If you're an employer looking to attract the next generation of workers, Entrepreneur has some advice: Get to know Gen Z. The list is based on a recent study of 11,495 high school students,...more
Civic Engagement News from...
Ford Motor Company Fund
Whitefish Community Foundation
Kellogg Foundation
Pew Charitable Trusts
William Penn Foundation
Ball Brothers Foundation
Silicon Valley Community Foundation
California Endowment
California Community Foundation
Marguerite Casey Foundation
Rockefeller Philanthropy Advisors
Skoll Foundation
Target Foundation
Ford Foundation
Philadelphia Foundation
Rockefeller Foundation
Social Entrepreneurship
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Social Enterprise: Reaching Out to the Private Sector for Help
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.
