Venture Philanthropy uses philanthropic dollars earmarked to do some kind of social and community good as a source of capital for businesses launched in marginalized communities.
The monies are managed through a Program Related Investment (PRI) fund and deployed as capital for the purpose of launching businesses.
Significant Matters raised over $850,000 of venture philanthropy funds that were invested in businesses focused on creating sustainable and transformational solutions.
A customized collection of grant news from foundations and the federal government from around the Web.
The Network of Women (NOW) For Food Security joined forces with Jamaica National Foundation’s Social Enterprise Boost Initiative (SEBI) and Food For The Poor (FFP) to provide rural women income-producing opportunities and reduce the amount of imported mushrooms.