FORT LAUDERDALE, Fla.,
Jan. 22, 2021 /PRNewswire/
-- Today's announcement of a 6.6 percent unemployment rate in
Broward County for December 2020 adds impetus to a newly-announced
initiative of Community Foundation of Broward -- a $1 million dollar BE BOLD Prize to get
Broward County residents back to
work within the next two years. The BE BOLD Prize encourages
new ways of thinking that move beyond traditional workforce
development programs and embrace an innovative idea and solution
for transformative community impact.
Nationally, the U.S. economy lost 140,000 jobs during the month
of December, according to a recent federal jobs report. Based
on data released by the Florida Department of Economic Opportunity,
Broward's unemployment rate stood at 6.6 percent in December 2020, with 60,100 fewer people working
in private sector jobs in December
2020, compared to December
2019.
Workers in leisure and hospitality have been disproportionately
affected by the pandemic, with a loss of 23,400 jobs in
Broward as of December 2020, compared to December of
2019. Unemployment among African-Americans in
Broward has historically been
higher than unemployment among the general
population.
"Our goal is to tackle COVID-19 job losses in Broward County and their amplified impact on
communities of color," said Sheri
Brown, Community Foundation of Broward Vice President of Community
Impact. "We want to help affected Broward County residents to gain stable
employment within the next two years."
The $1 million BE BOLD Prize grant
is open to nonprofit, government and for-profit entities.
Collaboration among organizations is encouraged and employer
involvement is a critical element. Preference will be given
to organizations located in Broward
County; organizations outside of Broward may also apply as
long as they can demonstrate high-quality programs and direct
impact on employment of Broward
County residents.
Community Foundation of Broward is hosting a BE BOLD Prize Zoom
Information Session on Wednesday, Jan.
27, from 11 a.m. to
Noon. Registration is required.
Community Foundation of Broward has posted a BE BOLD Prize
request for proposals with application details at
https://www.cfbroward.org/articles/the-be-bold-prize-rfp-now-open.
The RFP notes specific objectives, including employment for a
significant portion of currently unemployed Broward residents, a
focus on employment for people of color and creation of a unique or
scalable idea which is sustainable beyond the 2-year time period of
the grant. The challenge is to create new initiatives or
scale up proven initiatives.
Applications are due no later than Friday, April 9 at 11:59
p.m. with announcement of the winner by the end of May.
For more information about the $1 million
dollar BE BOLD Prize grant, please contact Sheri Brown, Vice President of Community Impact
for Community Foundation of Broward at sbrown@cfbroward.org or
954-761-9503.
For more information about Community Foundation of Broward,
please contact Kirk Englehardt, Vice
President of Marketing and Communications at the Community
Foundation at kenglehardt@cfbroward.org or call
954-761-9503.
About Community Foundation of Broward:
Founded in 1984, Community Foundation of Broward (CFB) helps
families, individuals, and corporations create personalized
charitable Funds that deliver game-changing philanthropic
impact. 473 charitable Funds represent more than
$212 million in assets, distributing $119 million in grants over the past 35
years. CFB provides bold leadership on community solutions
and fosters philanthropy that connects people who care with causes
that matter – which empowers visionaries, innovators and doers to
create the change they want to see in the community – and BE
BOLD. www.cfbroward.org.
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content:http://www.prnewswire.com/news-releases/broward-unemployment-is-target-of-1-million-be-bold-prize-community-foundation-of-broward-seeks-innovative-ideasolution-301213421.html
SOURCE Community Foundation of Broward
