The foundation says the Electric Works Innovation and Neighborhood Renewal Fund aims to support and foster charitable activities associated with the transformation of the former General Electric campus.
The fund makes it possible for the community to invest in many of the programs and activities at Electric Works, the foundation says.
The project "has the potential to profoundly and positively transform not only the existing property but the surrounding neighborhoods," says the foundation.
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Ashoka, a global platform for social innovation, introduced the Arab World Social Entrepreneurship Programme (ASEP) to support local social entrepreneurs in scaling up their operations in three key areas – healthcare, environment and women participation for inclusive growth.