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The Local Initiatives Support Corporation (LISC) has committed to invest $1 million in SustainVC Impact Fund II, a $25 million fund supporting early-stage companies focused on social and environmental impact.
The commitment is part of LISC's capital management strategy to align a portion of its investable assets with its mission to build a broadly shared prosperity throughout the country.
The strategy includes a new impact investment in SustainVC Impact Fund II, which finances enterprises that advance climate solutions, economic equality, health and education.
SustainVC supports entrepreneurs in three impact categories: climate and sustainability, equality and empowerment, and health and education. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
India and Indonesia are two of the world's fastest-growing countries, with working-age populations that "far outweigh some of the region's largest economies," according to Ian Samson, a portfolio...more
Italy's national electricity grid is looking to the futureand it's using drones to help it do so. The country's national electricity grid, Terna, plans to invest $50 million in Italian startups...more
If you're an investor in Nigeria's stock market, you're in for a big surprise at a conference next month. The director general of the country's security and exchange commission, Emomotimi Agama,...more
The Peace Corps has been operating in Nepal since its founding 62 years ago, but the country's civil war in the mid-'80s forced the agency to lay off most of its workers, the New York Times...more
Foundation: Case Foundation
Jean Case, who rose to fortune and fame as an executive at American Online, has been a fan of impact investing since before it had that name. It looks to invest in projects and companies that...more
Marissa Feinberg is a PR and branding expert known for her work in the fields of social design, coworking, and psychedelic therapy, but she's now found herself in the spotlight for something else...more
Want to start a business in 2024? Finances.com has some ideas: VR Gaming Center: Virtual reality is a booming field, and a VR gaming center could take advantage of the $165.91 billion VR is expected...more
Foundation: Ontario Trillium Foundation
"It helped me see that I can help guide, encourage, and... connect with my children to be who they are meant to be in this world." So says one mom of a 9-year-old who's now thriving after...more
A Pennsylvania high school's future is in doubt after its landlord announced the building is for sale. PennLive reports the former Bishop McDevitt High School in Harrisburg is in disrepair, with...more
When Ana Zamora was 8, her older brother was arrested for stealing from her parents. "And so I remember hearing a knock on the door one night and seeing police officers come into our house and...more
Social Entrepreneurship
Spotlight
Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
