More than $137,000 in Economic and Workforce Development Grants Awarded
06 February 2015

Lincoln Financial Foundation is helping to encourage entrepreneurism and promote adult and financial literacy in Omaha through $137,600 in grants to six local economic and workforce development nonprofit organizations. These grants are a portion of $846,600 in charitable funds the Foundation has allocated for Omaha in 2014.

The Greater Omaha Chamber of Commerce Foundation received $47,500 for its Prosper Omaha StartUp Station, which is part of a five-year economic development initiative for the City of Omaha. During 2015, the Chamber plans to launch a business accelerator in the Mastercraft building being referred to as StartUp Station. As part of this plan, the Chamber will create public and private partnerships to transform shipping containers into unique office space and create a startup community center and flex space. This space can be used by university students starting a tech venture; members and fellows of partnering organization, Pipeline; out-of-town venture capitalists; and high school and university entrepreneurship classes. The space also can be used to bring corporate businesses together with startups under one co-location and for area corporations and tech companies to learn from one another and share innovation programming.

Other economic and workforce development grants awarded include:

  • $30,000 to Greater Omaha Alliance for Business Ethics for the Entrepreneur Ethical Leadership Development Portfolio, which includes the ELEVATE, Speed Ethics Networking and Entrepreneurship programs.
  • $25,000 to Family Housing Advisory Services for its Financial Education program, which provides quality financial management and home buyer education to low-income families.
  • $15,000 to Metropolitan Community College Foundation for the 2015 Heartland Student Entrepreneur Conference, which supports entrepreneurial activities for area middle, high school and college students and their instructors.
  • $14,600 to the Chicano Awareness Center, also known as the Latino Center of the Midlands, for its Adult Basic Education program, which emphasizes computer training for Spanish speaking adults. 
  • $5,500 to Literacy Center for the Midlands for the Workforce Development Adult Education program, which teaches critical literacy skills to individuals living in poverty to help them increase their self-sufficiency.

About Lincoln Financial Foundation:

The Lincoln Financial Foundation, established in 1962, is a nonprofit organization formed and supported by Lincoln Financial Group. Under Foundation guidelines, grants are made in the areas of arts, education, human services and economic/workforce development. The Foundation allocated more than $846,600 to support nonprofits in Omaha in 2013. Since 2006, the Lincoln Financial Foundation has contributed more than $4.8 million to Omaha nonprofits.

About Lincoln Financial Group:

Lincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $215 billion in assets under management as of September 30, 2014. Learn more at: www.LincolnFinancial.com. Find us on Facebook, Twitter (@lincolnfingroup), LinkedIn and YouTube.

 

Byron Champlin

LincolnFinancial Foundation

(603) 226-5554

byron.champlin@lfg.com 

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