Why cut OPIC?, art entrepreneurship, the business case for shareholder activism

#Featured: Open Mic Impact investors rally behind OPIC. The Overseas Private Investment Corp. has championed impact investing and multiplied meager foreign-aid dollars by helping U.S. companies create jobs, increase exports, and deliver positive economic and environmental impact in emerging markets. OPIC is a self-sustaining government agency that makes money and has reduced the federal deficit by

Bridging the Homeownership Divide

It’s time to scale up what works in order to close the staggering racial wealth gap and increase financial security for all Americans. In 1980, Self-Help founder Martin Eakes and his colleague Bonnie Wright held a bake sale in the town of Halifax, North Carolina. This “capital campaign” raised a whopping $77 to put toward

Reason but no rhyme: Takeaways from the Impact Capitalism Summit in free verse

Sixty percent of investors made their first impact investment in the past decade — sixty! There’s more demand, more inquiries, andtwo significant drivers of market growth:segmentation and commoditization. Impact is in the eye of the beholder, butwe must rally around shared objectives like the SDGs, butimpact is diverse and defined by asset owners, butthe SDGs will provide

Creating hundreds of resilient cities by rethinking infrastructure for the 21st century

Cities will house 70 percent of the world’s population by 2050 and require urban infrastructure investment of at least $3.7 trillion per year. The only way to meet the challenges of soaring population growth and climate change is to build infrastructure that meets both social and environmental needs. “We must design and implement strategies that

The Builders Fund takes minority stake in tea company Traditional Medicinals

The Builders Fund has taken minority stake in Traditional Medicinals. The investment is the first by a non-friends and family investor in Traditional Medicinals’s 40-year history. It is the third investment by Builders Fund, a New York growth-stage private equity fund. Builders, which focuses on North American impact investing, counts Gratitude Railroad as a founding investor

Openimpact.ca profiles more than 150 Canadian impact investing products

Openimpact.ca debuted with information on more than 150 Canadian impact investing products. The public database provides a detailed look into Canada’s C$9 billion ($6.6 billion) market for impact investing. Built by Purpose Capital, a Toronto-based impact-investing advisory firm, and University of Toronto’s Lee-Chin Institute for Corporate Citizenship, the database includes searchable information on products across

Kauffman Foundation puts up $7 million to support disadvantaged would-be entrepreneurs

In the U.S., small businesses have created seven out of 10 new jobs since the 1970s. Yet despite some recent progress, bias, multi-generational poverty, poor infrastructure, social isolation and demographic shifts still stifle small-business development, particularly among minorities and women. That costs the U.S. economy roughly 9.5 million jobs, according to the Kauffman Foundation. The foundation’s