Fondo de Impacto Social (FIS) has invested 15m into the Global Social Impact Fund II (GSIF Spain) GSIF Spain supports SME's contributing to the economic and social inclusion of vulnerable communities in Spain.
More than 60% of impact funds in Spain today are environmental or climate change-related funds.
FIS was also impressed with the fund's focus on mentoring start-ups.
A customized collection of grant news from foundations and the federal government from around the Web.
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.