Creative Economy
Photo credit: Powered by People
Africa | March 3, 2021
Powered by People secures $1.5 million to connect artisans to markets
ImpactAlpha, March 3 – Kenya-based Powered by People is a “distributed manufacturer” that enables artists and designers to become suppliers to large companies like …
bank-of-america | January 28, 2021
Bank of America places $150 million with minority-led fund managers
ImpactAlpha, January 28 — Bank of America is backing 40 minority-led fund managers to bridge the funding gap for Black, Latinx, women and …
Community Finance | January 28, 2021
Digital workflow platform ServiceNow launches $100 million racial equity fund
ImpactAlpha, January 28 — ServiceNow has launched a $100 million Racial Equity Fund to invest in “homeownership, entrepreneurship and neighborhood revitalization in Black …
Alexander Kühl and Camille Canon of Purpose Ventures | Photo credits: Purpose Foundation
Creative Economy | January 21, 2021
Aligned capital for creative entrepreneurs
Conventional investment approaches are a poor fit for creative entrepreneurs. A model that leads to steward-ownership is a better solution for enterprises with …
Sheoyki Jones of Invest Atlanta | Photo by Berto Horne
Creative Economy | January 21, 2021
The creative industries: Driving economic opportunity in Atlanta
A city development authority committed to supporting the creative industries found that the key ingredients were a supportive state leadership, transparency and trust. …
Heva Fund's George Gachara | Photo by Noel Kasyoka
Creative Economy | January 20, 2021
Safeguarding a creative and cultural moment: The impact of COVID-19 on Africa’s creative sectors
Africa’s cultural renaissance provides huge economic and social benefits that must not be lost in the pandemic. The region’s first dedicated finance and …
Yo-Yo Ma by Jason Bell
Creative Economy | January 19, 2021
Yo-Yo Ma: Culture connects us
Culture and creativity are already having a positive effect on the serious issues facing our society. But with the right support, they can …
Taylor Guitars employees, now owners, at the El Cajon, CA factory prior to the COVID-19 pandemic.
Creative Economy | January 14, 2021
Canadian pension fund backs Taylor Guitars’ conversion to employee ownership
ImpactAlpha, January 14 — Cajon, Calif.-based guitar manufacturer Taylor Guitars is now 100% owned by its more than 1,200 employees through an Employee …
Creative Economy | December 10, 2020
Building a personal portfolio of impact investments in the creative economy
ImpactAlpha, Dec. 10 – Artist housing in Michigan and Memphis. Immersive art experiences in New Mexico. And now a film studio in upstate New …
Walters Art Museum | Photo credit: Jill Fannon (pulled from Walters Art Museum's Facebook page)
Creative Economy | December 3, 2020
Cultural institutions start to put their assets to work for mission
ImpactAlpha, Dec. 3 – Universities, private foundations and even large nonprofits have deployed hundreds of billions of dollars into ESG, impact and community-based …
Creative Economy | November 30, 2020
Amicus.io raises $8.7 million to democratize donor-advised funds
ImpactAlpha, November 30 — The Charlotte-based fintech startup is seeking to make it easier for everyday savers to take advantage of the tax …
Creative Economy | November 25, 2020
ZenBusiness raises $55 million to help micro-entrepreneurs grow their businesses
ImpactAlpha, November 25 — The economic shock of the COVID pandemic has devastated small businesses – and driven many others to open one …
Community Finance | November 17, 2020
Micron invests $50 million to reduce U.S. racial wealth gap
ImpactAlpha, November 17 — The Black-white wealth gap today is as wide as it was in the 1960s, published reports show. In fact, …
Creative Economy | November 3, 2020
Equity crowdfunding grows up with new $5 million limit on ‘Reg CF’ offerings
ImpactAlpha, Nov. 3 – Businesses from microbreweries to football clubs to electric vehicle makers and ‘mom & pop’ shops have made use of …
Creative Economy | October 8, 2020
Creative economy fund for underserved communities launches with an investment in Techstars
ImpactAlpha, Oct. 8 – Concord, a music and theatrical publishing and management firm, has created a $10 million impact investment initiative to support …