The John S. and James L. Knight Foundation is offering a $1 million challenge grant to help JumpStart Inc. promote its entrepreneurial efforts and create new jobs nationwide.
The JumpStart America Initiative aims to expand what JumpStart already does: encourage community-based partnerships among public, private, philanthropic and institutional entities to identify and support entrepreneurs who want to start businesses and spur growth - especially women and minorities.
The initiative is part of the Startup American project created last year and it will build on an initial $2.5 million grant from the Knight Foundation, U.S. Commerce Department and the Surdna Foundation in New York City.
Knight Foundation supports transformational ideas that promote quality journalism, advance media innovation, engage communities and foster the arts. We believe that democracy thrives when people and communities are informed and engaged. For more, visit www.knightfoundation.org.