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$5M Climate Impact Fund launches to support entrepreneurs tackling the climate crisis

GeekWire

Portland-based nonprofit VertueLab launched its $5 million Climate Impact Fund on Wednesday to support early stage, clean tech entrepreneurs focused on addressing climate change causes and moving to a carbon-free economy. This summer, the accelerator accepted 10 early-stage companies in the latest round of the program.

Energy 130
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Bezos Academy, funded by Jeff Bezos’ $2B ‘Day One Fund,’ launches first free school in Seattle area

GeekWire

The Day 1 Academies Fund is gearing up to open the inaugural school in its new network of full scholarship Montessori-inspired preschools in underserved communities. The nonprofit, backed by Amazon CEO Jeff Bezos’ $2 billion Day One Fund , will open a new school on Oct. 19 in Des Moines, Wash.,

Education 139
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Amazon’s new $2B fund aims to boost affordable housing in Arlington, Nashville and Seattle areas

GeekWire

Amazon is under intense scrutiny for its impact on communities and brick-and-mortar retailers, even as the company cites the economic benefits of its booming third-party marketplace, and the jobs provided by its growing fulfillment and distribution network. Amazon’s market value now exceeds $1.6 The company posted $14.1 DVIDS / DOD).

Nonprofit 119
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I want to fly to Hawaii, but I don’t want to wreck the planet. With carbon offsets, can I do both?

GeekWire

But carbon offsets and removal are in ever greater demand, and folks are working to develop legitimate programs and technology in the space. I don’t think this should be put on consumers to figure out,” said Noah Deich , president of Carbon180 , a carbon removal, policy-focused nonprofit. ” Max Scher, Salesforce.

Energy 117
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Rackspace’s CTO takes a broad view of sustainability

CIO Business Intelligence

Srini Koushik has been passionate about the environment for 35 years and now, as a board member of the nonprofit SustainableIT.org and CTO of cloud services provider Rackspace Technology, he wants to help enterprises achieve sustainability in the cloud. By choosing them, enterprises are almost adopting net zero by proxy,” Koushik says.

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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

Its net loss for the first nine months of this year was $2.2 She succeeds co-founder David Brown, who will remain on the board of the global network for entrepreneurs. Techstars Seattle, which hosts a three month accelerator program, graduated its 11th cohort this year and is led by Managing Director Isaac Kato. Jamie Cohen.

Groups 79
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Amazon’s strategy to squeeze marketplace sellers and maximize its own profits is evolving

Vox

The report , which comes from the nonprofit Institute for Local Self-Reliance (ILSR), asserts that Amazon takes a larger and larger cut of sellers’ earnings through the various fees it levies on them. AWS netted $13.5 ILSR estimates seller fees netted $24 billion. billion in 2020, according to Amazon’s financial data.

Strategy 127