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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.
Philanthropist MacKenzie Scott is donating an extraordinary $40 million unrestricted grant to LISC. It is the largest gift from an individual in LISC’s 40-year history—one that not only speaks...more
On an episode of On the Evidence, J.B. Wogan, Senior Manager of Strategic Communications, talk about a demonstration using home-delivered boxes packed with fruit, vegetables, and other shelf-stable...more
Social Enterprise Scotland and Health and Social Care Alliance Scotland recently launched a brochure called A Healthy Enterprise - Bringing Health and Trading Together for Social Impact and the...more
Ray Suarez sat down with Ai-jen Poo, leading labor activist and the founder of National Domestic Workers Alliance, at the 2019 Skoll World Forum to talk about the future of work in the age of...more
According to corporate filings reviewed by MapLight and The Intercept, investor-owned hospitals are leading the fight against Medicare for All, a government-run plan that would provide health care...more
In an op-ed for the Richmond Times-Dispatch, LISC CEO Maurice A. Jones and Howard Kern, president and CEO of Sentara Healthcare, describe how their new $100 million investment will take aim at the...more
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...more
Devin Thorpe, author, educator and speaker, writes about the role of entrepreneurship in ending poverty and homelessness in-line with his 80-minute hosted podcast. Thorpe points out that The idea...more
London-based social care startup Lifted, founded by Rachael Crook and Sam Cohen, has raised £1.5 million in seed funding for an end-to-end elderly care platform. The Care Management Platform...more
Arabella Advisors and its food-system investment team recently announced the launch of "Good Food Ventures III." The launch of Good Food Ventures III is part of Good Food Ventures' (GFV's)...more
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Social Entrepreneurship
Spotlight
Hugh Jackman: Fair Trade Entrepreneur
Renowned actor, Hugh Jackman, talks about how he started becoming a fair trade entrepreneur. Jackman is constantly building up ideas and solutions to help small coffee growers get good prices outside the massive coffee industry. His business, Laughing Man Worldwide, reinvests 100% of its profits in its partnerships with farmers.
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