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Salesforce launches $50 million Impact Fund to invest in social change startups
Salesforce announced Tuesday that it's launching the Salesforce Impact Fund, a $50 million initiative to accelerate the growth of startups that are using Salesforce technology to address some of the world's biggest problems. Through the fund, Salesforce will invest in these companies, furthering each one's goal of driving positive change.
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- Investing, Technology
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- North America
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- impact investing, startups
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Salesforce dedicates $50 million to impact investments
Salesforce Ventures — one of the most active investors in the corporate venture capital world — is creating a $50 million fund dedicated explicitly to software startups with working on services for workforce development; tools that promote opportunities for women or under-represented groups; companies creating better access to clean energy options or that improve supply chain performance; and apps that help non-profits or non-governmental organizations achieve their missions and interact with partners, donors and volunteers.
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- Investing
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- North America
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Stanford launches research center focused on global poverty and development
The center’s mission is threefold: to support path-breaking research on global poverty and development within Stanford and beyond; to inspire students through hands-on research opportunities, fellowships and events; and to inform policies and practices through strategic partnerships with global policymakers and thought leaders as well as on-campus events that foster new ideas and university-wide collaborations.
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- Education
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- North America
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This Startup Lets You Use Your Extra Cash To Invest In Community Development
CNote pools individual deposits–as small as $20–and funnels them into Community Development Financial Institutions, which support low-income communities and small businesses.
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- Investing
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- North America
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Renowned economists launch Global Poverty Research Lab
“Northwestern has become much more committed to international development in the period of my absence,” said Udry, professor of economics in the University’s Weinberg College of Arts and Sciences, who started his academic career at Northwestern in 1990 before joining the faculty at Yale University. “There’s a strong base of people working in the area here. The administration was extremely supportive of an effort to energize and build on that strength and make the University a global center.”
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- Uncategorized
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- North America
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Jamie Dimon: The Biggest Lesson We Learned From Investing in Detroit
The private sector plays an essential role in society, and it is a role we should embrace—not just because it’s the right thing to do. It’s good for our shareholders and for our bottom line, too. Business can do well by doing good.
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- Investing
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- North America
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‘We’re trying to go all in’: Chocolate giant Mars pledges $1 billion to fight climate change
"We've been increasingly worried about overall progress on the big issues, whether that's climate change or solving poverty," Barry Parkin, Mars' chief sustainability officer, told Business Insider.
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- Environment, Investing
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- North America
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How Nonprofits Can Make The Super Rich Work For Them
A recent report about the values and giving practices of high and ultra-high net worth adults–people with at least $1 million in liquid financial assets–by U.S. Trust, Bank of America’s private wealth management group, provides some answers.
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- Investing
- Region
- North America