Cisco has created a new Global Impact Grant application as part of their Impact Cash Grants program. These grants fund projects which incorporate the internet in their development methodology, demonstrate sustainability, scalability, etc, and which address one of the key investment areas Cisco prioritizes. Organizations dealing with CYES issues will be particularly interested in the investment area "individual economic opportunity."
From their website:
Individual Economic Opportunity
Cisco's strategy is to encourage individual entrepreneurship, innovation and success among underserved populations via access to capital, small business development, workforce training, and similarly effective economic empowerment strategies...Cisco's investments support programs with innovative solutions which increase capacity, allowing the grantee organization to deliver its products and/or services more effectively and efficiently. We also support the design and implementation of web-based tools which increase the availability of, or improve access to, products and/or services that are necessary for people to enter or re-enter the workforce and earn a living wage.
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Cisco grants support general job creation, job placement, skills development, training, and resources programs for individuals seeking to upgrade their skills and capabilities so they can enter or re-enter the workforce, maintain a viable livelihood, and contribute to overall economic development in their communities. These grants focus on vulnerable and/or underserved populations such as women, youth, wounded and permanently disabled veterans, and others. Cisco also funds microfinance/microcredit programs designed to increase the availability of affordable capital.Cisco investments in this category have supported programs developed by The Grameen Foundation, The Acumen Fund, ACCION International and others, to upgrade technology platforms of microfinance organizations, facilitate partnerships with other microfinance organizations to establish best practices and share opportunities for replication and scale, and other programs to expand the breadth and depth of products and services provided by microfinance organizations in order to better serve their customers.
For more information, including eligibility requirements, visit their website, linked below. Grants are awarded on an ongoing basis.


