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The ice cream shop that makes money when it's cold
28 Wishes sells ice cream in Los Angeles. Below 70°F, sales fall about 20%. The weather is out of their hands. Rent isn't.
So the owners started putting about $20 a day into Kalshi weather markets, taking the cold side. The days that keep customers away now pay something back.
This is hedging. Big companies have done it for decades, buying protection against bad weather, fuel spikes and rising rates. It used to take a broker, a trading desk, and an order size no corner shop could meet.
Kalshi opens it up. Contracts on weather, fuel prices, inflation, tariffs and regulation, starting at a few dollars. Take a position on the outcome that would hurt you. If it hits, the payout softens it. If it doesn't, the contract expires and the good month was the point.
This week’s grant listings number: $3.9 billion.
Lighter week, but with one healthy-sized new grant out of HHS. I suspect things will pick up a little bit after the midterms, when it will be clearer if Congress is going to cut away at some of these programs—the big question lingering over a lot of money right now.
Two major AI workforce grants hit deadlines on Wednesday.
Disclaimer
JOBS THAT WORK grant summaries are for informational purposes only. You should make your own assessment on whether to apply after reviewing the funding announcement.
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Federal grants
Department of Agriculture
Who can get it? Colleges according to terms specified in the listing.
Total funding? $1.5 million
Award ceiling? $50,000
Award floor? $200,000
These grants fund projects at specified tribal colleges to help build the future agricultural workforce.
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Who can get it? 19 colleges specified in the grant listing.
Total funding? $56 million
Award maximum? $750,000
Award floor? $50,000
These grants expand the agricultural workforce by building teaching, research, and extension capacity at historically Black land-grant universities.
Capacity Building for Non-Land Grant Universities (November 10)
Who can get it? Colleges according to terms specified in the listing.
Total funding? $5.7 million
Award ceiling? $500,000
Award floor? $30,000.
These grants fund projects at certain colleges to help build the future agricultural workforce.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase II (November 10)
Who can get it? Recipients of Phase I grants.
Total funding? $24.75 million
Award ceiling? $650,000
Award floor? $600,000
These grants support food and national security by investing in technologies and small businesses, include in activities that can enhance the workforce.
Rural Utilities Service Solid-Waste Management Program (December 31)
Who can get it? Nonprofits, schools, “public bodies,” and tribes.
Total funding? $4 million
Award ceiling? $1 million
These grants provide technical assistance to rural areas on managing solid waste sites, including through providing workforce development and training.
Department of Health and Human Services
National Institute of Arthritis and Musculoskeletal and Skin Diseases P30 Centers Grants (February 1)
Who can get it? Pretty much everybody.
Total funding? $17 million
Award ceiling? $500,000
These grants can support workforce development and training for all stages of careers treating arthritis, musculoskeletal, and skin diseases.
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