Inclusive Economy
The Impact Enterprise Fund claims to be the first domestically-focused impact fund in New Zealand
The Impact Enterprise Fund, a partnership between Ākina Foundation, New Ground Capital and Impact Ventures, has raised NZ$8 million ($5.8 million) to invest in local startups tackling issues in sustainable food production, agriculture, healthcare, clean energy, housing and education.
The Impact Enterprise Fund claims to be the first domestically-focused impact fund in New Zealand.
It is looking to raise an additional NZ$2 million to NZ$7 million in capital and invest in eight to 15 enterprises across a range of sectors.