A new OZ tool will help “shepherd, guide, winnow and target investments toward projects of greater community benefit,” says Urban Institute's Brett Theodos.
The $10,000-minimum notes drew a wide range of investors including individuals, non-profits, family offices and ImpactAssets’ Donor Advised Fund.
The fund, launched by Cedrus & Partners and Swiss Life Asset Managers in April 2019, aims to re-house up to 2,000 people facing difficulties over the next ten years.
The New York-based startup closed its seed round, led by ECMC Foundation, to help educational institutions identify students at risk of dropping out for financial reasons and provide emergency assistance.
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A number of African nations are now formalizing policies to support and encourage local entrepreneurs and promote the growth of digital technologies.
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