Creative Economy
Wynwood Art District, Miami | Photo by Brian Lundquist on Unsplash
Creative Economy | August 24, 2021
Artists are startups and creators CEOs as technology decentralizes the creative economy
ImpactAlpha, Aug. 24 – Musicians, actors, artists and other “creators” are getting creative about reaping the economic gains of their influence and turning their …
Fishermen in Baja California Sur | Photo credit:Pronatura Noroeste
Clean Energy | August 16, 2021
Fund for artisans backs Ilumexico to expand access to solar power for rural business
ImpactAlpha, Aug. 16 – The RISE Artisan Fund of volunteer-based Realize Impact launched a climate investing strategy to help energy-poor artisans transition to …
Photo: Elena Seibert
Catalytic Capital | June 15, 2021
MacKenzie Scott backs ‘teams empowering voices the world needs to hear.’
ImpactAlpha, June 16 – Common Future, Social Finance, Kiva and Souls Grown Deep are among the 286 organizations that received a combined $2.7 …
Creative Economy | June 14, 2021
A Latin American ethical bank as the heart of the economy and the creative industries
Banca Ética Latinoamericana is a banking project led by Fundación Dinero y Conciencia, which seeks to understand the structural challenges in Latin America …
Creative Economy | June 14, 2021
Corporate venture capital: A risk and an opportunity for Latin America’s ‘orange economy’
The dynamic cultural and creative sectors of Latin America – recognized as part of the “orange economy” – are an untapped global resource …
Catalytic Capital | June 14, 2021
A blended finance solution for sustainable fashion and impact businesses in Brazil
Trê – Investing with cause is a young organisation born in Brazil to foster a new economy, contributing to the healthy flow of …
Photo credit: Thrilling
Creative Economy | May 16, 2021
Thrilling raises $8.5 million for secondhand fashion marketplace
ImpactAlpha, May 16 – L.A.-based Thrilling has raised $8.5 million to expand its secondhand fashion marketplace. The Black and Asian-owned startup helps small vintage …
Community Finance | April 20, 2021
Reviving a Black cultural corridor in West Oakland – as a community-led cooperative
In another era, Esther’s Orbit Room helped make West Oakland the “Harlem of the West,” hosting the likes of B.B. King, James Brown …
Photo credit: Les Ateliers de Corrine
Africa | March 29, 2021
Gender-lens fund WIC Capital backs Senegalese bakery
ImpactAlpha, March 29 – Dakar-based WIC Capital invested in Les Ateliers de Corinne, a woman-led bakery in Dakar that hosts cooking workshops. The investment …
Community Finance | March 11, 2021
Souls Grown Deep Foundation backs Paskho to create quality jobs for Gee’s Bend quilters in Alabama
ImpactAlpha, March 11 — The Souls Grown Deep Foundation is providing a $600,000 convertible note to Paskho, a Black-owned eco-friendly apparel company. Souls …
Photo by engin akyurt on Unsplash
Creative Economy | March 10, 2021
Reliable digital media is fertile ground for Media Development Investment Fund
ImpactAlpha, Mar. 10 – The push: Government-backed media outlets and oligarch-vested interests are pushing down trust in journalism around the world. The pull: The …
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 …