New Revivalists is a series from ImpactAlpha and Village Capital profiling the people, places and policies reviving entrepreneurship — and the American Dream. New Revivalist: Jessica Norwood, The Runway Project Place: Oakland, Calif. Mission: To help close the racial wealth gap with friends-and-family pre-seed capital for black entrepreneurs. Follow: www.therunwayproject.org Jessica Norwood didn’t set out to create
- The demand for later-stage 'inclusive fintech' investments is driving a new round of activity to stock the pipeline of earlier-stage companies as well.
- Update: President Trump did indeed sign the Build Act into law, reshaping OPIC into the new U.S. International Development Finance Corp, with new investment tools and an expanded mandate.
- “For gender-smart investors there are now opportunities across asset classes and this is a great example, especially in products and services which benefit women,” Susan Biegel, a gender-lens investing adviser at the Wharton school, told ImpactAlpha.
- Dozens of academics across the country, and hundreds globally, are pushing to embed social and environmental values into the curricula of business and finance education.
- A few impact fund managers that have taken seriously the investment case for the U.N.’s Sustainable Development Goals are raising fresh capital that could scale up private investments in healthcare, education, agriculture, energy access and other SDG priorities.
- Native American tribes have become a driving force on California’s carbon markets, making millions of dollars while conserving native lands.
- With a nearly half-billion dollar philanthropic commitment to forests and land conservation, a group of foundations are putting such efforts by indigenous people at the forefront of the climate agenda.