Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Brazilian impact crowdfunding platform Incentiv raises seed funds

ImpactAlpha, September 4 – Three angel investment funds—Harvard Angels, Insper Angels and Anjos Do Brasil—have backed Incentiv with an undisclosed amount of capital.

Incentiv is trying to help socially-minded organizations and projects connect to new funding streams by linking them with companies and individuals who can claim tax deductions on social, economic and educational investments under Brazilian law. Brazilian companies and individuals can write down 100% of such investments; however, only a small percentage take advantage of the tax benefit, LexLatin reports (translated).

Incentiv estimates that there is nearly 6 billion reais ($1.4 billion) in untapped tax deductible funds from individual Brazilians alone. The company says that the main benefit of its platform, compared to other crowdfunding sites, is that it helps companies and individuals navigate tax laws.

Incentiv currently has 35 projects on listed on its platform, most of which focus on cultural and education initiatives. Collectively they have raised about 3.5 million raeis.

You might also like...