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Nonprofit XPRIZE Wants to Help Underserved Communities Largely Impacted By Unemployment

Since the start of COVID-19, the U.S. has been rocked to its core as unemployment continues to rise while displacing many Americans from their jobs — specifically those a part of disinvested communities who have especially felt the effects of the pandemic. Over 100 days later and the country is still in search of answers to our socioeconomic issues as they relate to unemployment. However, thanks to these nonprofit organizations, we can expect to see a change on the horizon. XPRIZE —  a nonprofit organization that uses global competitions to crowdsource solutions to some of the world’s biggest challenges — and New Profit — a nonprofit venture philanthropy organization that backs breakthrough social entrepreneurs in America — have joined forces. The two have announced a competition called XPRIZE Rapid Reskilling — powered by XPRIZE and MIT Solve — that aims to reinvent job training methods for displaced workers and get people back to work. The XPRIZE Rapid Reskilling Prize contest...

Njera Perkins

Aug 7, 2020