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Measuring What Matters – SmarterMoney+ Fund Metrics Scholarship Recognizes Top Impact Fund Managers
Big Path Capital in collaboration with several wealth advisors and consultants today announced the winner of the SmarterMoney+ Fund Metrics Scholarship: Media Development Investment Fund (MDIF). This group of leading impact investors and experts reviewed a range of impact reports and tools employed by the more than a dozen scholarship applicants to select the top 3 ranked funds based on outcomes-oriented impact measurement, management and reporting.
- Categories
- Impact Assessment
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Entrepreneur Reimagines Feminine Hygiene, Launches Social Venture
Serial entrepreneur Molly Hayward has a fresh take on feminine hygiene, reimagining everything from the absorbent materials to the packaging. With a deep commitment to social justice, she has paired her new products with a program to get girls in the developing world back to school by providing appropriate monthly products for them, too.
- Categories
- Impact Assessment
- Tags
- hygiene
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DRK Foundation raises $65 million to fund 100 new social innovation companies
A major Bay Area venture philanthropy foundation is committing $65 million to jumpstart 100 new socially-minded entrepreneurs with big ideas to solve some of the world’s most pressing problems.
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- Impact Assessment
- Region
- North America
- Tags
- philanthropy
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eKutir becomes India’s first Certified B Corporation
eKutir, a for-profit social enterprise fueling job creation, prosperity and livelihoods for India’s poorest communities, is the country’s first company to become a certified B Corp™. This prestigious designation is awarded to companies that use the power of business as a force for good, meeting the highest standards in performance, transparency and accountability to solve social and environmental problems.
- Categories
- Impact Assessment, Technology
- Region
- South Asia
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Kiva Debuts New Direct to Social Enterprise Program
Earlier this week, microfinance platform Kiva announced the launch of its new direct to social enterprise program, which is described as a pilot program that aims to raise capital for social enterprises in a new and more efficient way.
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- Impact Assessment
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India pushes to formalize impact investments
Putting in money for social development is believed to be the responsibility of either the government—as part of the welfare for its citizens—or charitable rich individuals and institutions.
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- Impact Assessment
- Region
- South Asia
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Viewpoint: Doing Good by Investing in Sin
The recent growth in ethically and socially responsible funds now represents trillions of dollars of mandates. Many of these funds engage in negative screening – excluding investments that are involved in activities that are considered unethical or socially irresponsible such as defence, guns, alcohol, tobacco, adult entertainment, gambling, nuclear energy and, most recently, fossil fuels.
- Categories
- Impact Assessment
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Catholic Church Explores Impact Investing
The Pontifical Council for Justice and Peace and Catholic Relief Services hosted a three-day Vatican conference on Impact Investing in Rome, from June 26 to 28, with this agenda. Celebrating the “Extraordinary Jubilee of Mercy” established by Pope Francis and his 2015 encyclical, “Laudato Si,” the conference was titled, “Making the Year of Mercy a Year of Impact for the Poor.”
- Categories
- Impact Assessment
- Region
- Europe & Eurasia
- Tags
- impact investing
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