Home
About Us
When it comes to venture capital, India is home to 107 "unicorns" - startups valued at $1 billion or more - but only 11 of them are impact startups, Quartz reports.
"One could argue that asset managers have made unprecedented commitments to impact AUM allocation, fueling its 11% growth since 2016.
However, the private markets AUM grew from $5.2 Tn in 2016 to $9.8 Tn in 2021 during the same period at a CAGR of 16%," according to a report from Intellecap.
"The predicament intensifies when we combine this statistic with a survey by JP Morgan and GIIN, which found that over 55% of impact funds deliver at least market rate returns, as well as a study by MSCI, which found that over 55% of impact funds deliver at least market rate returns."
According to Intellecap, 40% of the world's 1,200 unicorns can be classified as impactech startups, meaning they're using technology to solve a problem, rather than using it to create a disruptive business model.
"The truth is impact and technology have never been two unrelated paradigms," Intellecap states.
"Both styles of investing are deeply intertwined and form a continuum rather than a dichotomy."
Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Susan Thompson Buffett Foundation, Gates Foundation
"For too long, a lack of money has forced organizations fighting for women's rights into a defensive posture while the enemies of progress play offense," writes Melinda French Gates in a New York...more
Big Brothers Big Sisters of Central Ohio is using nearly $1 million in grants from Battelle to create after-school and summer programs focused on science, technology, engineering, and math for...more
The city of Vantaa, Finland, is known as one of the most international cities in the country, with between 4,000 and 5,000 new residents each year, most of them immigrants, Eurocities...more
If you're an engineer looking to make your mark in the tech world, Forbes has just the list for you. The magazine interviewed 11 engineering leaders, including James Dyson of vacuum company...more
A team of former top executives at Aegon Asset Management has launched a new firm to invest in the climate finance industry. CurvePoint Capital was founded by James Rich, Brian Wayne, and Alena...more
New York Gov. Kathy Hochul today announced the official opening of the Advanced Grid Innovation Laboratory for Energy (AGILe), "a first-of-its-kind, world-class electric grid and power systems...more
The World Bank is calling for urgent action to help small island developing states (SIDS) deal with the effects of climate change as leaders from the nations meet in Antigua this week. The bank's...more
The Syrian refugee crisis is expected to worsen over the next four years as more than 19 million peoplemore than a fifth of the country's population flee their homes, the New York Times...more
Canada's housing crisis and climate change are two of the country's biggest concerns, and a professor at McGill University has come up with an innovative solution to both. Daniele Malomo's $1.7...more
Fast fashion is here to stay, at least according to a new report from the European Commission, which notes that by 2050, the fashion industry is expected to be responsible for more than one-third of...more
Social Entrepreneurship
Spotlight
Philanthropy as Key Enabler to Work on ‘Wicked Problems’
Australia’s Melbourne City Mission Chief Executive Officer Ric Holland writes how philanthropy can act as an enabler on many levels.
