The #GENIUSAct $(Giving Every Neighbourhood Immediate Resources & Empowering Upward Mobility Act) is a legislative proposal from the U.S. whose main objective is to close the economic inequality gap through direct investment in marginalized communities.
Key points of the GENIUS Act:
🏙️ Direct local investment: The act proposes to channel federal funds directly to disadvantaged communities to support infrastructure, education, health, technology, and small businesses.
👨👩👧👦 Community empowerment: It focuses on providing sustainable economic opportunities at the local level, promoting social and economic mobility.
💼 Support for entrepreneurs: It grants access to seed capital, job training, and mentorship programs to promote entrepreneurship in low-income neighborhoods.
🏫 Education and technology: Investment in educational and technological centers to reduce the digital divide and foster innovation.
General objective:
Reduce structural poverty and provide equal opportunities regardless of zip code.