Connect with us

Headlines

Diamond Empowerment Fund Board Approves Up To $500,000 in Grants

mm

Published

on

(PRESS RELEASE) NEW YORK – At its mid-year board meeting, the Diamond Empowerment Fund (D.E.F) approved up to $500,000 in grants to help students and young entrepreneurs from diamond mining countries or where the diamond industry does significant global business. This is a direct result of sponsors of last month’s highly successful Diamond Do Good Awards fundraising dinner in Las Vegas. The goal of these grants is to help build strong, sustainable and economically successful communities.

The funds will be allocated to existing beneficiaries, including the Botswana Top Achievers program, the Graca Machel Mandela Foundation, and India-based Veerayatan.

Funds will also support graduates of D.E.F’s mobile school in the Democratic Republic of Congo to attend high school through the Diamond Development Initiative’s innovative program.

New this year will be the establishment of Diamond Empowerment Fund Scholarships that can be used for higher education, leadership development, entrepreneurship, or vocational training for youth from either diamond mining countries or countries which play a central role in the diamond industry. The stipulation for scholarship recipients is that upon graduating their respective programs, they return to their communities to build economic growth, sustainability, and the development of strong social structures.

Diamond Empowerment Fund Board Approves Up To $500,000 in Grants

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

Promoted Headlines

Most Popular