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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.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The Tampa Bay Innovation Center is kicking off its spring accelerator program, and it's got eight startups on its list. Among them: AgWise, which focuses on the climate impact of agriculture's...more
Canada's government is putting $19 million toward what it says will be the country's biggest talent development program ever. The Toronto Metropolitan University's BioHubNet will receive the...more
It's no secret that Africa's livestock industry plays a big role in the region's economy. In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business...more
In the event of a pandemic, Canada needs to be able to churn out enough vaccines and therapeutics to keep the country safe, the CBC reports. That's why Lawrence Goodridge, a professor of food...more
Americans are paying a lot more for certain prescription drugs than people in other countries doand that's a problem, according to a new study from the University of Pennsylvania's Perelman School...more
Apple is expected to unveil a new line of iPads at its May 7 event, and one name being bandied about is that of OLED displays. OLED stands for "organic light-emitting-diode" technology, and...more
Loneliness has been linked to a host of health issues, including heart disease, cancer, and respiratory depression. Now a Canadian company is hoping to change that with an app it's calling "OOt...more
It's not every day that a construction worker dies on the job, but it's not every day that a battery-powered tool is found in his or her toolbox. That's why Frank Mannarino, president ofDEWALT,...more
"This research pushed me outside my comfort zone and forced me to interact first-hand with hard truths about what social media is being used for in the modern day," Daisy Rehbock writes in her...more
The CEO of the nation's second-oldest civic monument has been ousted over allegations of financial impropriety at Dallas' Fair Park, the Dallas Morning News reports. On May 1, Brian Luallen...more
Social Entrepreneurship
Spotlight
Finding a Place in Mainstream Social Enterprise
Nell Derick Debevoise, Founder and CEO of Inspiring Capita, shares what she thinks are the three main ingredients in finding your place in social enterprise.
