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Enhanced Capital has been investing in communities across the US for more than two decades, and in its 2023 Community Impact Report, the investment firm says it has created more than 53,000 jobs, offset 1.8 million metric tons of carbon emissions, and transformed local economies through its investments in small-business lending, climate finance, and real estate.
"We are proud to highlight the meaningful impact of transforming local economies for the benefit of investors and community stakeholders," says President and CEO Michael Korengold in a press release.
The firm says it has invested more than $3.7 billion in 900 projects and businesses since 1999, and it has supported more than 3,600 jobs, offset 1.8 million metric tons of carbon emissions, and bridged capital gaps for borrowers or developers in low-income, rural, or underserved communities, per the Los Angeles Times.
The firm's three investment strategies are Climate Finance, Impact Real Estate, and Small Business Lending, and it says 84% of its investments have been made with borrowers or developers in low-income, rural, or underserved communities. Read the Entire Article
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A customized collection of grant news from foundations and the federal government from around the Web.
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Social Entrepreneurship
Spotlight
Halcyon Incubator Selects Inaugural Class of Fellows
Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.
