Home
About Us
When it comes to venture capital, India is home to 107 "unicorns" - startups valued at $1 billion or more - but only 11 of them are impact startups, Quartz reports.
"One could argue that asset managers have made unprecedented commitments to impact AUM allocation, fueling its 11% growth since 2016.
However, the private markets AUM grew from $5.2 Tn in 2016 to $9.8 Tn in 2021 during the same period at a CAGR of 16%," according to a report from Intellecap.
"The predicament intensifies when we combine this statistic with a survey by JP Morgan and GIIN, which found that over 55% of impact funds deliver at least market rate returns, as well as a study by MSCI, which found that over 55% of impact funds deliver at least market rate returns."
According to Intellecap, 40% of the world's 1,200 unicorns can be classified as impactech startups, meaning they're using technology to solve a problem, rather than using it to create a disruptive business model.
"The truth is impact and technology have never been two unrelated paradigms," Intellecap states.
"Both styles of investing are deeply intertwined and form a continuum rather than a dichotomy."
Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
If you're looking for a good high school in St. Louis, you'll want to check out Chaminade College Preparatory School. It's a Catholic school for boys, and its motto is "Be a Man," the...more
"We are now able to connect more diverse, impact-driven founders and funders and we see an increasing need in the market to do so." So says Keith Ippel, a co-founder and CEO of Vancouver-based...more
"The future of capital looks different than it did yesterday," Caroline von Hirschberg, co-founder and co-CEO of Spring, says in a press release announcing the company's acquisition of Future...more
If you work for a company that offers health insurance, you may want to consider adding a few extra days to your vacation. That's according to 18 business leaders from the Forbes Business Council...more
"My personal IBD journey led to research and discovery, transforming my health. Together with patients and clinicians, we created an education platform to help improve patient care." That's...more
"We are always seeking new ways to innovate and improve access to cutting-edge diagnostics for our patients so we can help them better manage their health conditions, including diabetes, which...more
"I can watch a million Astros games, but I'm not going to be a better baseball player until I pick up a bat or pick up a glove and actually start playing and then get coaching on it, right?" David...more
Western Michigan University's medical school is teaming up with a Washington state nonprofit to offer a new residency program for doctors of medicine in Battle Creek, Mich., the AP reports. The...more
In its sixth year, ComEd's "Powering the Arts" grant program has awarded more than $850,000 to more than 100 arts organizations in its service area in Illinois. This year, the utility company and...more
Bank of America has been named the largest outsourced chief investment office (OCIO) for foundations and endowments in the US by Pensions & Investments. BofA's OCIO services include strategic...more
Follow @topgovtgrant
Social Entrepreneurship
Spotlight
Facebook Launches ‘Donate’ Button, Gives Philanthropy New Meaning
Facebook announces a new feature called Donate which makes it possible for anybody to give back to a charity of their choice through its Facebook Page.
Social Services Jobs in Iowa
Program Director Jobs
Fundraising & Development Jobs
Executive Director Jobs
Social Services Employment
Education Jobs
