9 - Green Micro-loans
Andy Posner, 24, USA -Â Van Jones and others are showing how a green collar economy can solve both social and environmental problems. My idea is to take that one step further by using the power of micro-credit and targeted green entrepreneurship training and mentoring to ensure that the green businesses of tomorrow are started by women, people of color, and low-income individuals, all of whom have been traditionally left out of the old, “grey” economy.
By providing affordable loans of $500 to $10,000 and combining them with additional support and training, my initiative will create jobs, a more vibrant, inclusive green economy, and solve environmental problems through the power of entrepreneurship.
I am working with experts in the fields of business skills and green job training to create a curriculum to support the entrepreneurs. In addition, I have spent the last five months laying a groundwork for the creation of a micro-finance program in Providence, Rhode island–a city with both high unemployment and poverty rates.
Working collaboratively with a number of community partners, a “buzz” has already been generated in the community. The impact of this program will be that all entrepreneurs with great, green ideas will have the chance to realize their dreams.












