Creative Economy
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 …
Dealflow | 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 …
Dealflow | 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 …
Dealflow | 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 …
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Creative Economy | July 16, 2020
Investing in news and media by and for people of color
ImpactAlpha, July 16 – Blavity’s $1.5 million raise from the W.K. Kellogg Foundation (and another $9.5 million from earlier investors) helped demonstrate the …
Creative Economy | June 29, 2020
LeBron James signals opportunity for ‘empowerment’ media with $100 million raise
ImpactAlpha, June 29 – NBA megastar LeBron James and his long-time friend and business partner Maverick Carter raised $100 million for SpringHill Co, …
Creative Economy | June 25, 2020
Upstart Co-Lab investor coalition commits to shift capital to creatives
ImpactAlpha, June 25 – Upstart Co-Lab has been a chief evangelist of the power of art, design, culture, heritage, and creativity to drive …
Africa | May 14, 2020
A post-pandemic plan for the creative economy in Kenya
ImpactAlpha, May 14 – Kenya’s musicians, DJs, fashion designers, visual artists, event planners, chefs and other creatives are on the frontlines of COVID’s …
Creative Economy | April 14, 2020
Investments in the creative economy will help drive an inclusive COVID recovery
In the month since SXSW canceled its annual arts and tech festival in Austin, Texas, artists and other creatives have been on the …
Catalytic Capital | March 4, 2020
UK’s Nesta raises £20 million impact fund for the creative arts and culture
ImpactAlpha, March 4 – The creative economy in the U.K. contributes more than $10 billion and generates some 364,000 jobs. Nesta’s new £20 million …
Creative Economy | March 4, 2020
Art for Redemption secures early funding to launch marketplace for prison art
ImpactAlpha, March 4 – More than two million people are incarcerated in the U.S., exacting an economic toll on individuals, families and communities. …
Creative Economy | February 3, 2020
How ‘Just Mercy’ producer Scott Budnick is leveraging box-office appeal for social impact
ImpactAlpha, Feb. 3 – Filling theaters for the new justice and redemption movie Just Mercy isn’t the end game for executive producer Scott Budnick. …
Creative Economy | January 15, 2020
Benefit Corp. Electric Playhouse raises $5 million for immersive entertainment in “third spaces”
ImpactAlpha, January 15 – Albuquerque-based Electric Playhouse is the latest creative economy upstart to seize on the growth of immersive experiences. Its first …