Open Road Alliance expands working-capital loan fund for social-sector organizations

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, … Continue reading Open Road Alliance expands working-capital loan fund for social-sector organizations