Trinidad seizes artist pursuits as economic development strategy

In an effort to break the cycle of poverty in Memphis, a government organization is using conditional cash transfers, paying students if they earn good grades and adults if they maintain a full-time job.

Citizens in Cairo have been working to make the streets cleaner in an effort to create more pride for the country and get the government's attention. From picking up trash and painting lampposts to collecting donations from passersby, the community is working together to make a new Egypt.

Most insurance companies avoid insuring poor farmers because the transaction costs are too high, but a non-profit in Kenya created a sustainable way to cover them.

In India, many farmers, especially women farmers, have transitioned to organic farming. While it requires a serious set of skills and knowledge, organic farming increases yields and decreases costs by eliminating the need to buy pesticides. The move is both ecological and economical, and the Indian government is trying to spread the solution.

A Dallas urban neighborhood was dilapidated with abandoned storefronts and offered no vitality for pedestrians. A group of artists and community members created Build a Better Block, in which local artisans and small businesses took over a vacant block and transformed it for a limited time to encourage the ingredients for more permanent urban renewal.

Alleys in Seattle were once places of illicit, illegal, and unsanitary activity. The International Sustainability Institute in Seattle began organizing music and art events to bring in people, which, in turn, cleaned-up the crime and garbage. As an urban development strategy, adjacent vacant storefronts re-opened for business and beautification could be seen in new gardens.

Although residents turn up their air conditioners, Louisville heat is increasing the city’s death rate by 39 people every year. The city mayor launched a tree commission for planting more trees and since 2011 has planted over 12,000 trees. The canopies from the tree offer cooling shade and bring down the temperature of the city as a whole. The response also includes the installation of green roofs and in-depth research on urban heat islands.

The Oak Cliff neighborhood in Dallas suffered from recession-closed businesses and crime. Then community members used placemaking, in which people shaped their own environment to improve the quality of life, and the concept of Build a Better Block, which was a pop-up event showcasing art, food, music, and local faire. The idea gives citizens a fresh look at the possibilities through which to transform the space in which they live, and it has attracted attention across the country and around the world.

For millions of students who could succeed in college, the limiting factor is money. Is it possible to finance higher education the way we finance start-up companies? A company called Lumni uses “human capital contracts” to offer loans for students contingent upon 14 percent of the student's salary for 118 months after graduation. There are risks to this approach and not a lot of years or data available to be sure of its efficacy, but results are promising already—with a default rate under 3 percent.

At a time when university students lack opportunities and financial help to test their innovative business ideas, the Resolution Project supports higher education students who have ideas for socially responsible businesses and charities. Resolution offers small awards to start businesses as well as mentor opportunities that enable networking and business collaboration with experts.