LISC Invests $1M in SustainVC Impact Investing Fund

credit: Blog Al

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