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2025-10-08 23:00:00| Fast Company

The worlds best engineers, entrepreneurs, and researchers face no shortage of opportunities. If youre building the future in frontier technologies like AI, you could base yourself anywhere. So the real question is where. The answer today points northto Stockholm. The European Commission recently declared Stockholm as Europes most innovative region. Ahead of Copenhagen, London, and Zurich, the Swedish capital took the top spot. Not just overall, but on a range of individual indicators, from lifelong learning and share of tech specialists employed to cross-border scientific publications, collaboration between SMEs, patent filings, and trademarks. Right after the European Commissions report, the citys own Lovable was declared the fastest-growing software startup in global history. This is another indicator of Stockholm as Europes capital of the futureadmittedly anecdotal, yet hard to ignore. STOCKHOLMS LIFESTYLE EDGE Of course, for youa global top talentthere are regions beyond Europe to consider. The U.S. and China still have metro areas that are more innovative, for now. But what Europes innovative center can also offer is another way of life. Sweden consistently ranks among the worlds most gender-equal societies. The childcare system is outstandingenabling both parents to combine engaged parenthood with career advancement. Society is cultural, creative, democratic, egalitarian, and open. Clean air and water, smooth public transportation, and buildings designed for light and ventilation make daily life in Stockholm unusually comfortable. Government bureaucracy is light for individuals and companies. Starting a business is easy, energy prices are among Europes lowest, and taxes not as high as Swedens reputation suggests. With no wealth or inheritance tax, low corporate tax rate, and minimal everyday costs for healthcare, childcare, and education, the benefits often exceed the income tax rate headlines. Add in generous parental leave (exported by Spotify to the U.S.) and EU freedom of movement, and this capital offers a package of benefits rarely matched in other hubs. For many specialists, flatter structures and shorter weeks tip the balance in Stockholms favor. Fast Company recognized our Stockholm-based real estate firm as one of the Worlds Most Innovative Companies. My job at Atrium Ljungberg can perhaps best be described as playing SimCity but in real life, with the city I love most as the game board. To be fully transparent, the job comes with a dose of stakeholder management and administration that SimCity leaves outbut still, the analogy is strikingly true. Stockholm is evolving, and its a thrill to be part of the ride: Atrium Ljungberg is redeveloping Slakthusomrdet, the worlds largest transformation of a meatpacking district, while also building Stockholm Wood City. The renewal of Slussen, a central hub, is nearing completion, as is the expansion of Hagastaden, linking the city with Europes top medical university and hospital. They knit old districts and new innovation hubs into a more connected city. FROM NOBEL PRIZES TO SPOTIFY: THE CITYS LONG GAME How did Stockholm become Europes most innovative region? It helps to start at the beginning. Stockholms tradition has long shown progress. By the 1880s, Stockholm had the most telephones of any city in the world. The Nobel Prize was established in 1901 and soon became the worlds most prestigious award across five scientific disciplines, later joined by a sixth in economics. A series of world-class companies were created here in the pre-WW2 industrial era, including Ericsson, Atlas Copco, and Electrolux. That period laid the groundwork for Stockholms rise. The city gained a reputation as a hub of practical innovation and engineering. In 1954, the Royal Institute of Technology hosted Swedens first nuclear reactor, built underground in the middle of the city. By the 1980s, Stockholms universities were among Europes first online. The 1997 Home PC reform gave Swedes tax-free access to computers via employers, driving mass adoption and digital skills. Since the 90s, Stockholm has produced another wave of champions: Spotify, the leading music streaming service globally; EQT, one of the world’s largest private equity firms; and Klarna, a fintech giant. Stockholm now counts more listed firms than any European city, including London and Frankfurt. Along the way, Stockholm also became a creative capital. The city that once exported timber and steel now exports pop music, design and gamingfrom Avicii to Acne and Minecraft, with billions playing our video games. In 1968, only a quarter of Swedes had eaten out in the last quarter, and kitchens still shut at 8 p.m. Today, Stockholm is a city full of Michelin stars, neighborhood bistros, late-night bars, and clubs. THE ECOSYSTEM BUILDING EUROPES NEXT GIANTS Sweden ranks first in Europe by VC investment per capita and unicorn creation per capita. But capital alone doesnt build companiestalent does. In Stockholm today, workplaces are increasingly designed to attract it: more like clubs or labs than offices, they give talent autonomy, wellbeing, and connection. A diverse set of Stockholm ventures is now breaking ground. Einride, putting autonomous electric trucks on roads across continents, and Candela, whose electric boats ferry Stockholms commuters, drive the future of transportation. Fashion and beauty names Toteme and Estrid stand beside music investor Pophouse, steward of catalogues from Avicii to KISS and Cyndi Lauper. Investors Creandum, EQT Ventures, Northzone, and Norrsken have underpinned the citys ascent as one of Europes leading venture hubs. Scaling companies consume vast amounts of energy. To support the soaring demand, national energy company Vattenfall and the government just announced that Sweden will build a series of small modular reactors (SMRs). The initiative is notable globally: While most countries are still piloting single SMR projects, Sweden is planning a program at scale, aimed directly at powering fast-growing industries. Propelled by clean energy, culture, and investment, few places combine beauty and dynamism like Stockholm: the Nordic Venice with its islands, a cultural city from Gustav IIIs opera house, to Max Martins pop, built on democracy and openness. Yet its real strength lies in its trajectory. For builders, creatives, and intellectuals, Stockholm has become Europes most attractive base to change the world from. Linus Kjellberg is head of business development at Atrium Ljungberg.


Category: E-Commerce

 

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2025-10-08 22:52:00| Fast Company

When I worked in tech, I often heard engineering leaders explain why they couldnt hire more women or minorities: the so-called pipeline problem. They claimed there simply werent enough qualified candidates entering the system, so naturally the pool of diverse talent remained thin. Many of us in the ecosystem called BS. The reality wasnt a lack of qualified people; it was a lack of imagination, access, and commitment to creating inclusive environments where diverse talent could thrive. Fast forward to my work today in womens sports. I find myself thinking about that same phrasethis time with a twist. In sports, a pipeline problem is very real, and very serious. Girls drop out of sports at far higher rates than boys, often by age 14. Not because they lack talent or ambition, but because hidden, solvable barriers stand in their way. Research points to a variety of reasons: lack of access to facilities, fewer female coaches, cultural pressures, and economic hurdles. But there are also subtler obstaclesmenstrual stigma, inadequate athletic gear, transportation gaps, or not feeling seen and supported in spaces where theyre underrepresented. These arent headline-grabbing issues, but they can determine whether a girl keeps playing or quietly walks away. This isnt just about missed opportunities on the field. Sports participation is directly tied to confidence, leadership skills, academic performance, and future career success. When we lose girls from the pipeline, we lose future team captains, CEOs, scientists, and community leaders. THE HIDDEN BARRIERS With gender equity in sports, the conversation often centers on the field of playmedia coverage, equal pay, prize money, sponsorship. These are important, visible markers of progress. Yet, what often goes unnoticed are the less visible, deeply practical barriers that prevent girls from staying in the game in the first place. This years Gainbridge Assists Powered by Parity grants, in partnership with the Womens Sports Foundation, expanded to empower changemakers addressing these obstacles. Thirty-two recipients across 20 states will receive $222,000 (total), funding projects ensuring girls can fully participate in sportand benefit from the resulting lifelong confidence, leadership, and health outcomes. In addition to funding camps, clinics, and playing opportunities in sports from basketball and soccer to fencing, lacrosse, and wrestling, this years grantees are tackling some of the obstacles head on. These efforts recognize that access alone isnt enough if hidden barriers continue holding girls back: Menstrual health. For many student-athletes, lack of menstrual products access is a silent barrier sidelining them from school and sport. In 2025, no girl should have to sit out practice because she cant afford pads or tampons, or because shes embarrassed to ask for them. Period Project Indianapolis is breaking that silence, distributing free menstrual products and normalizing reproductive health conversations in locker rooms and communities. Proper gear. For adolescent girls, a well-fitting sports bra can determine whether they stay engaged in sport. Athletes for Hope, partnering with Bras for Girls, provides gear and the education girls need while navigating puberty. Without this kind of intervention, physical discomfort and body image anxieties drive too many girls to drop out during adolescence. Mental health support. Sports can be a powerful tool for wellbeing, but only when participation feels safe and inclusive. The pressures young athletes facebalancing academics and expectationscan weigh heavily. When stress or anxiety go unaddressed, sports can feel like another impossible demand. The initiative supports programs integrating mental health resources into athletics. The Skills Center in Tampa will use its funding to host a girls sports and empowerment festival, combining physical activity with mental health workshops for Black and Latina youth. Meanwhile, ZGiRLS will deliver sport psychology programming to help girls manage stress, anxiety, and family pressures during the holiday season. Transportation. For many girls, the challenge isnt desire but logistics. Getting to practice is a barrier. Families without reliable transportation or parents working multiple jobs cant always shuttle daughters across town. Its a small obstacle with outsized consequencesoften ending in quiet resignation. Fisk University, home to the first HBCU womens gymnastics team, is working to overcome this hurdle. Each factor might sound small in isolation, but together, they form a web of barriers pushing girls out of sports before they can realize their potential. INNOVATION BEYOND THE GAME In business, we talk endlessly about innovation. We laud breakthrough technologies and new markets. But what if innovation also meant tackling the overlooked barriers that keep people from participating in the first place? Thats what these grantees are doing: rethinking how to support the game and the players. True innovation in womens sports identifies overlooked pain points and designs solutions rooted in empathy and equity. Theyre innovating at the most fundamental level. The demand is massive. Gainbridge Assists Powered by Parity received over 380 applications this yearmore than double last years total. Each $5,000 grant seems modest, but the ripple effects are significant. In 1974, Billie Jean King founded the Womens Sports Foundation with the $5,000 check she received for being named the Outstanding Female Athlete of the Year by the Bob Hope Cavalcade of Sports. In 2024, the program helped more than 5,000 girls pursue their athletic and academic goals. With this years expanded funding, the reach will only grow. THE PATH FORWARD Just as the tech industry confronted its excuses about the so-called pipeline problem, we must confront ours in sports. We can no longer shrug and accept that girls just drop out. Not when we know the reasons, and not when the solutions are within reach. Equity in womens sports must be defined broadly. Its not just about broadcasting more games or negotiating better contractsthough those remain crucial. Its also about removing the silent, practical, and cultural barriers that quietly push girls out long before they reach elite levels. King famously said, You have to see it to be it. But before girls can see themselves as champions, they must be given the chance to stay on the field, the court, the track, or the ice. That requires meeting them where they are, addressing their most pressing needs, and ensuring they know they belong. Leela Srinivasan is CEO of Parity.


Category: E-Commerce

 

2025-10-08 22:10:00| Fast Company

In todays dynamic labor market, industries from manufacturing to healthcare continue to grapple with persistent workforce shortages. To fill these gaps, organizations are looking beyond traditional talent pools. One of the most promising yet significantly underutilized groups is second-chance talent, or graduates of prison education programs. These individuals represent millions of highly motivated and skilled professionals seeking stability after incarceration. Too often, outdated hiring methods and social stigmas have blocked justice-impacted individuals from employment opportunities that could change their lives. However, by shifting perspectives and implementing strategic programs, forward-thinking companies can access a dependable source of skilled workers while creating a positive social impact. THE SCALE OF UNTAPPED POTENTIAL The United States criminal justice system affects a much larger portion of the population than most realize. About 600,000 Americans are released from state and local prisons each year. This means nearly one in three or 70 million adults have a criminal record. Many of these individuals face obstacles when reentering society.  In a recent episode of Geographic Solutions podcast, The VOScast, Jeffrey Abramowitz, CEO of the Petey Greene Program, stated, It is estimated that there are more than 44,000 barriers to employment for the formerly incarcerated, with 70% related to employment. Securing stable employment after prison is often the biggest challenge for justice-involved individuals. This is due to several factors, including a lack of education, nonexistent or inadequate job skills, and the stigma of having a criminal record, which often leads to higher rates of recidivism. According to the Safer Foundation, about 75% of justice-impacted individuals stay unemployed one year after their release. These barriers not only limit an individual’s potential but also represent a missed opportunity for employers facing labor shortages. I think we’re missing an amazing opportunity right now in the country, and that opportunity is to recognize fair chance hiring or getting people who have been challenged in the Justice space back to work, said Abramowitz in the podcast. I also believe we’re missing an opportunity and not recognizing the reality that education plays a vital role in the United States. BRIDGE SKILLS GAPS WITH TARGETED TRAINING PROGRAMS The path to integrating individuals with a criminal record into the workforce begins with education and training. Reentry programs play a crucial role in helping justice-impacted individuals successfully reintegrate into society. They offer a variety of services tailored to meet the needs of those returning to the community. These programs provide job training, educational opportunities, housing support, counseling, and soft and hard skills development. A study by the RAND Corporation found that reentry education programs may boost employment prospects post-release, with participants having a 13% higher chance of getting a job than non-participants. Many of these individuals might struggle with reading, writing, and basic math, all of which are essential components for not only getting hired but also being able to advance their career, said Abramowitz in the podcast. When we talk about getting people back into employment and finding good opportunities for them, we also need to think about the integration of education and how we can set people up to succeed. Many nonprofit organizations are creating tailored training programs to equip people with skills, knowledge, and opportunities that directly align with market needs. Organizations like the California Prison Industry Authority (CALPIA) have led innovative reentry initiatives, preparing justice-impacted individuals for productive lives outside of prison and reducing their chances of reoffending. A recent study from the University of California, Irvine found that individuals who have participated in CALPIAs programs while incarcerated have lower rates of recidivism compared to those who did not participate.  Similarly, the North Carolina Department of Adult Correction is partnering with the Division of Workforce Solutions at the Department of Commerce for the North Carolina Pathway to Reentry. Using funds from the Pathway Home grant, the project provides pre- and post-release activities, including workshops, counseling, and training to help people transition out of incarceration and reenter their communities. It focuses on goal setting, action plans, education, and skill development for specific jobs.  Creating easily accessible pathways for skill development and job training unlocks new opportunities that not only benefit those with a criminal background but also businesses that are looking to address labor shortages. BUILD BRIDGES WITH EMPLOYERS With many industries facing skill and labor shortages, companies are recognizing the value of this untapped workforce. According to the Society for Human Resource Management, two in three HR professionals reported that their organization has hired individuals with criminal backgrounds. Moreover, 85% of HR leaders believe second-chance hires perform as well as or better than other employees. Despite this, some employers may hesitate to consider second-chance hiring due to concerns about liability, employee morale, perceived unreliability, and social stigmas. A recent survey from the Second Chance Business Coalition shows that almost 90% of employers mandate background checks for applicants, and having a criminal record decreases the likelihood of progressing to a second interview by half. To successfully hire from this talent pool, employers must move beyond these stigmas and understand that second-chance hiring is more than a charitable act. By re-evaluating long-held hiring biases and actively engaging with this talent pool, organizations can transform a societal challenge into a strategic business advantage that benefits everyone. Companies such as JPMorganChase and Dave’s Killer Bread are notable examples of organizations that have effectively implemented a second-chance employment model. JPMorganChase reports that almost 10% of their hires over the past five years have had a criminal record, and a third of Daves Killer Bread staff, including cofounder Dave Dahl, have felony convictions. LOOKING AHEAD The way forward to addressing labor shortages involves a shift in how businesses perceive and engage with talent acquisition. It requires a proactive approach to recognize justice-impacted individuals as highly motivated and skilled professionals capable of contributing to the workforce. By adopting inclusive hiring practices, companies can effectively fill labor gaps while also fostering a more diverse workplace. This strategy not only promotes economic growth by expanding the talent pool but also benefits local communities by offering opportunities for individuals to successfully reintegrate into society and attain long-term stability. Paul Toomey is the founder and president of Geographic Solutions.


Category: E-Commerce

 

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