Shutting money gaps in Latin America, expanding Fig Tech’s financing capability, workforce investing, developing an investment with effect integrity

Shutting money gaps in Latin America, expanding Fig Tech’s financing capability, workforce investing, developing an investment with effect integrity

Catalytic money helps Acumen’s ALIVE connection the funding space for social ventures in Peru and Colombia. Entrepreneurs in Latin America are weathering the pandemic to generate product product product sales networks for tiny farmers, online training for students, and clean, available power for rural households. But early-stage organizations delivering crucial solutions to low-income communities in the area are struggling to get into the sort of money, with all the right terms, that they have to develop. Numerous mainstream investors have to cut checks which can be too big for early-stage social ventures; too little effect funds can supply development money for enterprises willing to measure. Bogota-based Acumen LatAm influence Ventures, or ALIVE, has raised $28 million for the Acumen Latin America Early Growth Fund to get in as much as a dozen early-stage ventures that are social primarily in Colombia and Peru. Acumen, the worldwide impact spending company, is just a minority owner of ALIVE and a restricted partner in its very very first investment. Pokračování textu Shutting money gaps in Latin America, expanding Fig Tech’s financing capability, workforce investing, developing an investment with effect integrity