Posted by Anthony Reyes on August 16, 2012 at 4:18 PM
Recently, the Treasury Department announced $186 million in new CDFI investments to 210 organizations. This represents the largest single announcement of award dollars and award recipients in the history of the CDFI Fund.
White House staff and thought leaders in the impact economy are focusing on the Jumpstart Our Business startups (JOBS) Act, which enables "crowdfunding," an innovative approach to raising capital. Rather than depend on a few wealthy individuals or banks, crowdfunding supports startups by letting companies raise up to $1 million in small increments from many investors.
Posted by Jonathan Greenblatt on June 21, 2012 at 12:45 PM
The Social Innovation Fund invests money in nonprofits and foundations so they can accelerate the work of high-impact organizations like the Year Up program and replicate their approaches in new localities and markets.