Starbucks – “Create Jobs for USA”
posted in conversation |It’s no secret that the economy here in the US is pretty damn pathetic. Being out of work for 2 years is “the new normal.” That’s not right. So Howard Schultz, CEO of Starbucks, is working on something intriguing. They call it “community investing in America” – but it’s not investing, really. What the Starbucks Foundation is helping organize is people donating five bucks or so to a general fund that’s used by community lenders to help businesses. It’s not investing, because we (the investors) aren’t paid dividends. However, it’s an intriguing plan, and I expect to donate $5 myself.
Here’s what BlogHer co-founder Lisa Stone says:
In a nutshell, Starbucks is donating five million dollars to seed a fund at the Opportunity Finance Network for capital grants to local lenders who fund small businesses that make a difference. Businesses like Zonia Torres’s overnight day care in San Francisco and like Nicholas Kujawa’s housing units and fresh local market in Butte, Montana — these are my favorite examples as a former single mom who had to figure out how to work nights occasionally, and as a Montanan who watched the towns of Butte and Anaconda suffer when local mines declined.
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To learn more, you can visit the CreateJobsForUSA website, and particularily today, you can listen to a conversation with Mr Schultz – 11AM Pacific or 2PM Eastern, you can call 877-698-0629 and use conference code 23564006. It’ll be a short conversation, and you’ll only be able to listen, but it should be interesting.
