A healthy environment for startups begins with a targeted investment in the systems nurturing founders and budding entrepreneurs. That’s been the driving philosophy for Durham-based NC Idea Foundation, which since 2006 has invested millions to support maturing startup cultures in cities and towns across North Carolina. The privately-funded foundation has supported more than 250 North
- The companies share a similar mission of expanding the reach of conscious and healthy food, nutrition and beauty products.
- The majority of young U.S. businesses—as much as 81% according to new research presented at last week’s Alternative Capital Summit in Denver—struggle to access venture capital or bank financing
- Mumbai-based GoBolt makes software to help India’s growing on-demand logistics sector operate more efficiently
- U.S. development finance institution OPIC and IDB Invest, a private financing arm of the Inter-American Development Bank, are forming Fund Mujer to “narrow the gender financing gap” in Latin America and the Caribbean.
ImpactAlpha, October 2 – The Urban-X accelerator graduated its fourth cohort of startups at a demo day in Brooklyn last week. With investors in attendance, seven startups showcased new hardware to make urban life less challenging and more enjoyable. Among this year’s cohort: Avvir, which uses laser scanners to scan construction sites and determine progress
- The WNY Impact Investment Fund launched last year with $8 million to invest in social enterprises in Western New York. Along with Cleanfiber, the fund has backed EcoVerde Organics and Green Machine Equipment.