Commitments Totaling $715 Million Announced at CGI America

Commitments Totaling $715 Million Announced at CGI America

More than a hundred commitments totaling $715 million were announced during the fourth annual meeting of the Clinton Global Initiative America in Denver, which concluded on Wednesday.  

Aimed at addressing educational disparities, increasing job opportunities, and revitalizing communities around the country, the commitments include a collaboration of Too Small to Fail, the American Academy of Pediatrics, Scholastic, and Reach Out and Read to help close the "word gap" for disadvantaged children by promoting reading and singing to infants and young children and providing parents with literacy tools and resources during pediatric visits. Other commitments include a pledge by Trees, Water & People, in partnership with Lakota Solar Enterprises, to expand a green job skills training program for Native Americans; a $30 million investment by the Calvert Foundation and its partners to raise capital from citizen-investors to fund neighborhood revitalization efforts and small business development; and a pledge by the Salesforce Foundation to scale its mentoring and workforce development program, BizAcademy, and expand or launch partnerships with Year Up, Genesys Works, and Girls Who Code to expand career opportunities for youth and women.

According to CGI, the commitments, when fully implemented, are expected to create or fill more than 40,000 jobs; provide $215 million in new capital as well as non-monetary assistance to small and midsize enterprises; expand access to capital and financial services for more than 36,000 individuals; provide access to STEM education opportunities for more than 40,000 students and mentoring to more than 30,000 youth; and invest nearly $3.6 million in green initiatives.

"Over the last few days, it's been a thrill to watch the CGI America community come together to improve economic growth, long term competitiveness, and social mobility in our country by turning promising ideas into commitments with meaningful results," said former President Bill Clinton. "I'm grateful that their work has resulted in more than a hundred new commitments to invest in infrastructure and clean energy, encourage youth employment, improve early childhood development, and promote financial inclusion that will make a difference in the lives of hundreds of thousands of lives throughout our country."