Nasdaq Foundation Grant Program to Engage More Communities in Markets and Entrepreneurship
Pledges Initial Financial Support to
Launches Research Collaboration with
The Nasdaq Foundation’s grant program will empower organizations across the
To mark the launch of the Nasdaq Foundation’s grant program, Nasdaq has committed financial support, employee hours, and mentorship to Operation HOPE, a leading non-profit focused on financial literacy and empowerment, to help seed and sustain 100 Black-owned businesses. Nasdaq is also supporting
“We aim to partner with leading organizations to remove the systemic barriers faced by under-represented communities in their efforts to generate and sustain wealth,” said
The Nasdaq Foundation’s collaboration with Aspen Institute’s Financial Security Program and Commonwealth will draw on the research capabilities of both organizations – combined with Nasdaq’s knowledge of technology and the capital markets – to identify potential solutions to mitigate the barriers that limit equal access to the capital markets. The research insights from the collaboration will influence the design of future programs created and funded by the
“Current conditions are ideal for innovation to make the investment ecosystem more accessible to new investors, especially women, Black, and Latinx people,” said
To view the Nasdaq Purpose Initiative’s 2020 Impact Report, please visit: www.nasdaq.com/purpose/2020-impact-report.
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.
Relaunched in 2020, the Nasdaq Foundation’s mission will leverage Nasdaq’s role in the capital markets to equip under-represented communities with the financial knowledge to build a prosperous future and participate in an ecosystem that supports and sustains their growth. www.nasdaq.com/nasdaq-foundation.
About Aspen Institute Financial Security Program:
The Aspen Institute Financial Security Program’s mission is to illuminate and solve the most critical financial challenges facing American households and to make financial security for all a top national priority. We aim for nothing less than a more inclusive economy with reduced wealth inequality and shared prosperity. We believe that transformational change requires innovation, trust, leadership, and entrepreneurial thinking. Aspen FSP galvanizes a diverse set of leaders across the public, private, and nonprofit sectors to solve the most critical financial challenges. We do this through deep, deliberate private and public dialogues and by elevating evidence-based research and solutions that will strengthen the financial health and security of financially vulnerable Americans.
Commonwealth is a national nonprofit building financial security and opportunity for financially vulnerable people through innovation and partnerships to change systems. Black, Latinx and Female-led households disproportionately experience financial insecurity due in large part to longstanding, systemic racism and gender discrimination. Commonwealth’s collaborations with consumers, the financial services industry, fintechs, employers, policymakers and mission-driven organizations result in solutions that are grounded in real life and based on a deep understanding of financially vulnerable people. Commonwealth has designed effective innovations, products, and policies enabling over 750,000 people to accumulate more than
Operation HOPE is America’s leading nonprofit financial inclusion organization for the underserved, and “America’s Financial Coach for All”. Since 1992, Operation HOPE has been moving America from civil rights to “silver rights” with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Operation HOPE pioneered financial literacy in the banking sector, and inspired President
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq’s Purpose Initiative and other initiatives and the
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