To kick off ImpactAlpha’s “capital on the frontier” partnership with the Collaborative for Frontier Finance and the Visa Foundation, early capital providers in Senegal, Kenya and Pakistan joined Agents of Impact Call No. 12 to explore ways to bridge the small business capital gap in emerging and frontier markets.
The venture fund's first investment is Cosynd, a startup that simplifies the process of obtaining copyrights for creators such as musicians, songwriters and authors.
“We have a decade to deliver on the Sustainable Development Goals and the clock is ticking.”
Chingona (slang for “badass woman”) will invest between $100,000 to $250,000 in up to 30 early-stage businesses over three years.
- Not enough money for promising ventures. Too much money flowing to a few companies. Both statements are true for impact-oriented small and growing businesses in emerging markets.