Denver entrepreneur wants to test a monthly basic income for the city’s homeless – Denver, Colorado

Denver entrepreneur wants to test a monthly basic income for the city’s homeless – Denver, Colorado

Mark Donovan said he saw people unemployed and lost their salaries during the pandemic, but his bank account balance only rose. He started giving out money in Denver.

Donovan, the entrepreneur and founder of Bali-based Wooden Ships clothing company, wants to take the newly established Denver Basic Income project one step further.

In a fairly unique move, Donovan wants to pay a lump sum of $ 6,500 to those who are experiencing homelessness and then $ 500 a month for the next year.He has been blessed by Mayor Michael Hancock of Denver, but a spokesman for the mayor said the project […]

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