Monday, January 9, 2017

How Hiring Women Other Businesses Won't Has Made 'All The Difference'

Robert Frost suggested that taking the road less traveled made all the difference. The Women's Bean Project, a nonprofit in Denver, Colorado, employs only women generally considered unemployable. For nearly 30 years, the social enterprise has worked to help women learn to work by giving them jobs; that is how they make a difference.

The "Bean," as insiders know it, was recently selected by REDF, a national organization that supports social enterprises like the Bean, that "provide jobs, support, and training to people who would otherwise have a tough time getting into the workforce," for a growth investment, according to Carla Javits, President and CEO of REDF.

The Bean, according to CEO Tamra Ryan, generates $2.2 million in revenue and employs 75 women. The business generates a modest gross margin on sales of gourmet dried food products of just 8 percent. The organization's other costs are funded by grants and donations. Read the story in Forbes.