Jewelers of America (JA) has introduced a new funding initiative aimed at supporting U.S. companies, nonprofits, and trade associations within the jewelry industry.
Announced on Tuesday, the Impact Initiative will provide financial support for projects that promote ethical practices, environmental responsibility, innovation, and professional education in the jewelry sector. The initiative functions similarly to the JCK Industry Fund, which also supports industry-related advancements.
Organizations and businesses interested in applying for funding can submit their applications through JAās website until April 29.
JA stated that funding decisions will be based on factors such as program goals, potential impact, and financial need. Eligible applicants include nonprofit organizations with a clear mission to advance the jewelry industry, companies offering jewelry-related educational programs, and trade associations dedicated to the U.S. jewelry sector.
The Impact Initiative is structured as an endowment fund, with JA committing an initial investment of $100,000 this year.
David Bonaparte, President and CEO of Jewelers of America, expressed appreciation for the support of the organizationās board of directors.
āWe are grateful to our board of directors, who believe in our ability to make a difference for our members and for the industry at large,ā Bonaparte said. āBy creating programming that will educate and inspire future jewelers, as well as funding programs led by other organizations, we can build a brighter future.”
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