“What’s needed right now is fast, cheap-to-free money so that CDFIs can make these advances,” says Ceniarth's Greg Neichen.
QED Investors led the round with participation from SystemIQ, Resolute and the venture arm of ABN AMRO.
Cargill and the Walton Family Foundation are backing a pay-for-success funding initiative to encourage Iowa's soy farmers to invest in soil health improvements and water conservation.
The female-founded, California-based company says its low-cost, regenerative hydro technology delivers positive environmental impacts.
The tech CEO said (via tweet) that he would move $1 billion of his Square equity, about 28% of his wealth, into a limited liability company called Start Small to fund global COVID-19 relief.
That the fund went “from conception to announcement to disbursement within less than two weeks is a sign of what is possible when everyone acts with a sense of urgency and mutual trust,” says Bugg-Levine, who has led NFF since 2011.
Without fast and targeted action, we could face a “Main Street bloodbath that...will very soon decimate local economies across the country for a long time,” warn New Localism Advisors’ Bruce Katz, Blueprint Local’s Ross Baird and The Governance Project’s Colin Higgins.