New Revivalists is a series from ImpactAlpha and Village Capital profiling the people, places and policies reviving entrepreneurship — and the American Dream. New Revivalist: Heather Fleming, CEO of Catapult DesignPlace: The Navajo Nation, U.S. SouthwestMission: Change Labs, led by Catapult, is accelerating entrepreneurship as a path to economic development and poverty alleviation on the Navajo NationFollow: @heatherfleming
Greetings, ImpactAlpha readers! Lessons in how building companies can create pathways to prosperity.When you meet and talk with dozens of leaders working to revive entrepreneurship in cities and towns across the U.S., you’ll find some common threads. Over the last few weeks, ImpactAlpha has featured a series of profiles of these “New Revivalists,” in collaboration
With David Bank When you meet and and talk with dozens of leaders working to revive entrepreneurship in cities and towns across the U.S., you’ll find some common threads. Over the last few weeks, ImpactAlpha has featured a series of profiles of these “New Revivalists,” in collaboration with the venture capital firm Village Capital. Among the takeaways:
Open Road Ventures, the expanded fund from the Open Road Alliance, is designed to fill a very specific need faced by social organizations: one-time cash crunches. “It’s an impact arbitrage opportunity,” Caroline Bressan, Open Road’s director of social investments, Bressan told ImpactAlpha in an earlier interview. Open Road, founded and backed by philanthropist Laurie Michaels,
Nitin Gadkari, the Indian Minister for Road and Transport, recently called the government’s plan for 100% electric vehicles by 2030 “too ambitious,” suggesting 30% was more likely. Gadkari also said no new incentives will be provided to the industry beyond what’s already in place. Even without incentives, the growth of India’s EV market is continuing. Mahindra
CalPERS, the $357 billion pension fund for California public employees, gets credit for engaging companies over the risks posed by firms’ environmental, social and governance practices. (In October, the New America think tank named the fund to its list of 25 Most Responsible Asset Allocators.) With the onset of action on the 17 UN Sustainable
It’s game-on for financial engineers seeking to mobilize capital to advance the Sustainable Development Goals and the global climate agreement. The latest cases-in-point are the nine instruments selected by the Climate Finance Lab, a private-public partnership that has already launched 25 financial vehicles that have mobilized $978 million, including $228 million from Lab members themselves.