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HomeNewsRiseKit Receives $1.5M Grant from Bill & Melinda Gates Foundation to Boost...

RiseKit Receives $1.5M Grant from Bill & Melinda Gates Foundation to Boost Economic Mobility

RiseKit Receives $1.5M Grant from Bill & Melinda Gates Foundation to Boost Economic Mobility
RiseKit Receives $1.5 Million Grant to Advance Economic Mobility and Opportunity for Underserved Populations

RiseKit, a pioneering software platform dedicated to enhancing economic mobility for underrepresented talent, has been awarded a $1.5 million grant from the Bill & Melinda Gates Foundation. This grant is a significant boost for RiseKit’s mission to connect diverse job seekers with employers and improve economic outcomes for local communities.

  • Drive Employer Adoption of Skills-Based Hiring:
    • Objective: Equip businesses of all sizes with the resources and tools necessary to adopt skills-based hiring practices.
    • Impact: Opens opportunities for diverse talent pools and supports community organizations in finding and developing skilled candidates.
  • Create a Blueprint for Community-Driven Hiring:
    • Objective: Develop a comprehensive playbook for creating effective community hiring partnerships.
    • Components:
      • Insights-Driven Dashboard: A tool for tracking and analyzing hiring outcomes.
      • Compelling Case Studies: Success stories to inspire and guide other communities in replicating effective hiring models.
  • Matt Strauss, President and Founder of RiseKit:
    • “This grant from the Bill & Melinda Gates Foundation is a powerful validation of our mission to create more accessible and equitable opportunities for underrepresented populations. With this support, we can accelerate our efforts to connect talented individuals from underserved communities with employers that are eager to build stronger, more diverse teams.”y
  • Economic Mobility & Opportunity:
    • The grant aligns with the Foundation’s strategy to foster economic security and prosperity for individuals and families facing systemic barriers.
    • Goal: To create pathways for economic growth and opportunities for those who face significant challenges in accessing the job market.
  • Expansion Plans:
    • The grant will enable RiseKit to expand into new markets, enhancing its platform’s reach and impact.
  • Future Initiatives:
    • Continue developing innovative solutions to bridge the gap between talented individuals and employers seeking diverse teams.

The $1.5 million grant from the Bill & Melinda Gates Foundation marks a pivotal moment for RiseKit’s mission to advance economic mobility and foster diverse talent pools. This support will drive new initiatives, support community organizations, and create opportunities for underrepresented job seekers.