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The Brief: Opportunity Zone window, executive climate orders, minority-led fund managers, solar in Chile, peer selection, beacon for impact entrepreneurs


January 28, 2021 |
The Brief
The Brief: Opportunity Zone window, executive climate orders, minority-led fund managers, solar in Chile, peer selection, beacon for impact entrepreneurs
The team at
Featured: Policy Corner
Opportunity Zone deals flow as investors eye new rules. The Trump administration touted Opportunity Zones among its policy achievements. President Biden is proposing changes to make them work better for Black and Brown communities and small businesses. Impact investors aren’t waiting.
Arctaris Impact Investors committed $8.5 million to companies in Opportunity Zones in low-to-moderate income census tracts in Ohio’s Cuyahoga County. The Arctaris Cuyahoga Impact Program includes a $1.5 million loan from the county and aims to maintain the region’s manufacturing base “while encouraging minority manufacturing business ownership and creating quality jobs for residents,” says Arctaris’ ....

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Apple commits $100 million to racial equity programs while disclosing its own diversity hiring record


Apple commits $100 million to racial equity programs while disclosing its own diversity hiring record
The tech giant says 53% of its new hires in the U.S. are from historically underrepresented groups.
Apple employees attended an event about Apple s new campus announcement in Austin in December 2018.(Ricardo Brazziell / AP)
By Tribune News Service
As Apple continues its rapid growth in Austin, the tech giant says it’s strengthening its national investments in education, technology and venture funding programs as part of a goal to combat injustice faced by communities of color.
The donations are part of a $100 million racial equity and justice initiative designed to reduce barriers and provide opportunities for people of color across the country. The programs are the first identified by the company since announcing its intentions in June, as social justice protests erupted around the country. ....

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Apple says it will spend $100 million to promote diversity, racial equality


As Apple continues its rapid growth in Austin, the tech giant says it is strengthening its national investments in education, technology and venture funding programs as part of a goal to combat injustice faced by communities of color.
The donations are part of a $100 million racial equity and justice Initiative, which is designed to help reduce barriers and opportunities for people of color across the country.  The programs are the first the company has named as part of the initiative since it was first announced in June, as social justice protests erupted around the country. 
“We are all accountable to the urgent work of building a more just, more equitable world and these new projects send a clear signal of Apple’s enduring commitment,” Apple CEO Tim Cook said in a written statement. We’re launching REJI’s latest initiatives with partners across a broad range of industries and backgrounds from students to teachers, developers to entrepreneurs, and comm ....

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