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Published on Nov 18, 2008
Like seeds, savings grow. And with them grow confidence, competence, connections, and capital — the elements of development. So — like seeds — what starts small and unprepossessing gradually becomes significant and profound.
The Saving for Education, Entrepreneurship and Downpayment (SEED) Policy and Practice Initiative seeks to develop, test, document and promote progressive matched savings accounts and financial education for children and youth in low-income families as a cost-effective anti-poverty strategy, product, and policy. To this end, 12 pilot programs were implemented across the country for over 1,400 children and youth. This is the SEED story.