The Bill & Melinda Gates Foundation is accepting grant proposals for its Grand Challenges Explorations online until May 30, 2008. The $100 million initiative involves awarding initial grants of $100,000 each, but potentially up to $1 million. One of the primary objectives of Grand Challenges Explorations is to involve scientists around the world who don’t [...]

While much attention has been given to microfinance and its positive benefits when things are going well, a paper recently published by Serajul Hoque, graduate associate at the Department of Economics at Monash University in Australia, shows that such initiatives may actually help people be better off when economies stumble as well. From Microcapital.org: Published [...]