October 2023

Webster Bank Explores Current State of Financial Inclusion With Its Inaugural Financial Empowerment Study

Fewer than 4 in 10 U.S. consumers feels strongly they have the knowledge to make “smart financial decisions”
 

Financial challenges and worries are even more common among younger generations
 

STAMFORD, Conn., October 24, 2023 /3BL/ - Webster Bank today announced the findings from its inaugural Financial Empowerment Study, an in-depth, independent report that examines financial challenges and literacy of consumers.

Hormel Foods Donates 100,000 Meals for World Food Day

AUSTIN, Minn., October 24, 2023 /3BL/ - The 20,000 inspired people at Hormel Foods have an important job every day — to bring the trusted brands of the Fortune 500 global branded food company to its fans across the world. In the month of September, they added one more critical task to their job description, and it was for a very worthy cause. For every mile team members walked, ran, biked or swam, the company pledged to donate meals to the World Food Program USA Erase Hunger campaign, which works with the United Nations to provide school meals to children around the world.

Tetra Pak and Lund University Launch New Research Hub To Develop Future Food and Material Innovations

  • Biotech Heights is a new research hub, aiming to establish an open innovation environment focused on bioprocessing technologies.

  • This represents the shared ambition of Tetra Pak and Lund University for bioprocessing to provide new avenues for sustainable food and materials production.

Baker Hughes Foundation Contributes $100,000 to the Coastal Prairie Conservancy

HOUSTON, October 24, 2023 /3BL/ - The Baker Hughes Foundation announced a $100,000 grant to the Coastal Prairie Conservancy to support the preservation of coastal prairies, wetlands, farms and ranches to benefit people and wildlife in Texas. The Coastal Prairie Conservancy is focused on ensuring a vibrant and resilient community, and connecting the public with nature through public access, educational programming and outreach.

Larta Institute Opens Call for Applicants to 2024 Venture Fellows Cohort

LOS ANGELES, October 24, 2023 /3BL/ - Larta Institute, a non-profit organization accelerating innovation and entrepreneurship, has opened a call for applicants to its 2024 Venture Fellows program. The Venture Fellows program will welcome the second cohort of diverse innovators who are developing solutions to combat the impacts of climate change in underserved communities that are most at-risk to be affected by the changing environment.

Wells Fargo Foundation Commits $3.45 Million to Compass Working Capital To Expand Access to Family Self-Sufficiency Program

October 24, 2023 /3BL/ - The Wells Fargo Foundation has committed $3.45 million over the next three years to Compass Working Capital (“Compass”) to help expand access to the Family Self-Sufficiency (FSS) program, a savings incentive program that helps families increase their earnings and build financial capability and assets. Compass, based out of Boston and Philadelphia, is working to end asset poverty for families with low incomes and narrow the racial and gender wealth divides.

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