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TechSoup is tapping impact investors to raise capital to fund initiatives that enable the nonprofit organization to grow and strengthen its work.
TechSoup is a California-based social enterprise business that provides technology solutions worldwide and is running for more than 30 years.
TechSoup has launched a direct public offering (DPO), a structure used by companies to raise capital instead of seeking grants.
According to TechSoup, they are the first nonprofit the U.S. Securities and Exchange Commission has approved for this type of debt offering.
Anthony Lee, managing director of Altos Ventures, and a TechSoup board member, says that the DPO is a new tool for nonprofits to raise capital, and for investors who want to support social enterprises and nonprofits, but also want a return on their capital.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Foundation: Ford Motor Company Fund
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Social Entrepreneurship
Spotlight
Finding a Place in Mainstream Social Enterprise
Nell Derick Debevoise, Founder and CEO of Inspiring Capita, shares what she thinks are the three main ingredients in finding your place in social enterprise.
