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
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Nonprofit VisionSpring is committed to delivering glasses to people in need of a clearer vision. Rather than simply giving out their glasses, VisionSpring trains individuals in developing nations to conduct outreach and vision screenings, educate their neighbors about the importance of eye care, and sell high-quality, affordable glasses to their communities.