Home
About Us
"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 Spring, which on Tuesday announced its acquisition of Future Capital, a platform "built for underrepresented early-stage investors," per the National Post.
Founded in 2014, Spring is "a leader in Canada's early-stage impact investing ecosystem," per the Financial Times.
It's also a global community and accelerator for both founders and investors.
Future Capital was founded by Marlon Thompson, who will report to Caroline von Hirschberg, Spring's Co-CEO.
"This acquisition marks an incredible step forward for bringing wealth creation opportunities to impact investors and new investment into solutions that empower minority groups," von Hirschberg says in a press release.
"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."
As the Post notes, investment dollars to black founders dropped more than 50% last year.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more
The New Brunswick Teachers Association is asking teachers and voters in the Canadian province to take a survey ahead of the next provincial election in September, the CBC reports. "We've seen a...more
The National Institute of Dramatic Arts in Australia is offering a master's degree in "ecoscenography"that is, "ecological design for performance," reports the Guardian. The program is the first...more
At least 31 trees in Ann Arbor, Mich., are being killed or damaged by natural gas leaks, according to a new report commissioned by the city. The report found that gas was damaging roots and the...more
A Tennessee law firm has changed its name in order to better reflect its role in the financial services, real estate, construction, and insurance industries. Puryear Pippenger & Cook, founded in...more
A company in Australia that processes up to 100% of e-waste has just secured $5 million in funding, making it the country's largest e-waste processor and the only one capable of diverting up to 100%...more
A new $100 million fund aims to make a positive difference in the world's food and water supply. The Natural Ventures Fund I, a 10-year closed fund, is the first from a consortium of investors...more
"There are few people as informed about the latest state of AI developments and its level of adoption in financial services, who have also sat shoes in the shoes of investment managers and asset...more
One of the world's most popular electric-vehicle ride-hailing services is getting a big boost from one of India's most famous sons. Mahendra Singh Singh Jaggi, former captain of the Indian...more
Sweden's Trill Impact has made its first venture fund a success with the final close of its $90 million fund. The fund, the first of its kind in Europe, was backed by institutional investors...more
Social Entrepreneurship
Spotlight
Halcyon Incubator Selects Inaugural Class of Fellows
Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.
