Home
About Us
"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 Capital.
That's because, as Quartz reports, investment dollars to black startup founders dropped more than 50% last year, and woman-founded startups raised just 1.9% of all venture capital funds.
"Far too many industries are dominated by competitive and insular mindsets," von Hirschberg says.
"We know we can move faster together to transform ways the whole ecosystem thinks about investing, starting companies, and innovation as a whole."
Spring, based in Vancouver, BC, will continue to operate independently.
Future Capital, based in San Francisco, is "a leader in Canada's early stage impact investing ecosystem," per the press release.
It offers "high-impact investor training" and "learning and investing platform built for underrepresented early-stage investors," per the release.
It's "an incredible step forward for bringing wealth creation opportunities to underrepresented communities," Keith Ippel, Spring's co-founder and co-CEO, says in the press release.
Quartz notes that while more women and people of color are starting startups, "it's hard to
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 the perfect gift for your significant other this holiday season, we've got the perfect one for you: A one-of-a-kind, life-size Nativity scene complete with Santa Claus and his...more
If you're looking for a safe way to invest in the world's burgeoning "green" debt market, National Bank of Canada has just the thing: green bonds. The bank is offering investors a chance to take...more
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports. The fund, called the Nuveen Climate and Social Credit Fund,...more
Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports. According to the Telegraph, affordable...more
The Blue Revolution Fund has wrapped up its $93 million round of investments, and it's putting its money where its mouth is. The fund, a collaboration between the Nature Conservancy and Hatch...more
"Women innovators and researchers are often disenfranchised from accessing funds for their research and innovations, and in most cases, they do not have the opportunities that are available on the...more
The Blue Revolution Fund has closed its $93 million round of funding, which will allow it to invest in more than a dozen early-stage aquaculture ventures that aim to improve ocean health, address...more
The Community Foundation for Western Iowa announced Monday that the Women's Fund of Southwest Iowa's latest grant cycle has awarded $100,000 in project funding to nine organizations, including three...more
Climate change is already having a big impact on real estate prices, and it's only going to get worse, according to researchers at the University of California-Santa Barbara. In a paper published...more
"Everything is becoming more automated," says Polina Osherov, executive director of Indiana nonprofit PATTERN, which is hosting its second Indiana Creative Economy Summit on Oct. 9 in...more
Social Entrepreneurship
Spotlight
Ashoka Unveils Gulf Program to Promote Social Entrepreneurship
Ashoka, a global platform for social innovation, introduced the Arab World Social Entrepreneurship Programme (ASEP) to support local social entrepreneurs in scaling up their operations in three key areas – healthcare, environment and women participation for inclusive growth.
