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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.
Foundation: Silicon Valley Community Foundation
Stanford Magazine highlights Nicole Taylor, president and CEO of Silicon Valley Community Foundation (SVCF), who plans to put the 'community' back in 'community foundation.' As SVCF's new...more
Foundation: International Youth Foundation
Coursera announces its Voices of Social Change, a free online short course co-designed and delivered by eight young social entrepreneurs. Voices of Social Change, powered by Laureate...more
Madagascar communities launched the world's largest mangrove carbon conservation project, sequestering a huge amount of carbon and securing an ecosystem vital to fishery health. In partnership...more
The University of Wisconsin-Whitewater campus will have a new letter designation coming in the fall about what courses are community-based and what they entail. According to Kate Ksobiech, an...more
Tulane University's Albert Lepage Center for Entrepreneurship and Innovation will partner with Venture for America (VFA) to host 2020 VFA Fellows along with leaders from university entrepreneurship...more
Howard W. Buffett, the grandson of legendary investor and billionaire Warren Buffett, is getting into Opportunity Zones. Buffett is launching a software tool that measures an Opportunity Zone...more
Ravi Sreedharan, Founder-Director, and Lopamudra Sanyal, Research Fellow at the Indian School of Development Management (ISDM), tackle the work and innovations by social entrepreneurs that continue...more
LISC is launching the LISC Rural Promise, a commitment to elevate the organization's impact in rural America. The Rural Promise will build on 25 years of LISC's investment in and partnership-building...more
Living Cities staff JaNay Queen Nazaire, Chief Strategy Officer, and Demetric Duckett, Managing Director, write how Living Cities is "not only doubling-down on the use of capital as a driving...more
A webinar interview of Dr. Shirley Sherrod, a cofounder of New Communities near Albany, Georgia, home to the nation's first community land trust, discusses the history of New Communities and the...more
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Social Entrepreneurship
Spotlight
Declara’s Social Enterprise Network Garners $16M Funding, Helps Teams Communicate Efficiently
Declara’s founder Ramona Pierson has recently raised a new $16 million for her company to further its global operations and build out a smarter team.