ImpactAlpha, Dec. 21 – The half-dozen grantees of the Tipping Point Fund for Impact Investing will split $950,000 to advance impact investing market infrastructure and accountability to stakeholders.
Prosperity Now, for example, will organize grassroots advocates to push for federal policies that bolster entrepreneurial ecosystems and increase the flow of capital to entrepreneurs of color.
Other funding recipients include B Lab, Opportunity Alabama, Pacific Community Ventures, Reimagine Main Street and Urban Institute. The fund has made more than $6.5 million in grants to support public goods for the impact investing market since 2019.
Disclosure: U.S. Impact Investing Alliance sponsors ImpactAlpha’s Policy Corner.