“Unprecedented times call for extraordinary solutions,” says US grantmaking giant, announcing $1bn social bond sale to fund a massive, anti Covid-19 grantmaking programme.
PLUS: Covid-19 updates you may have missed; ANDE invests $1.2m in women-led businesses; Africa’s Novastar Ventures raises $108m; Acumen backs Peruvian edtech platform, and more.
PLUS: US philanthropy heavyweights back new ‘Tipping Point Fund’; new blended finance agribusiness fund makes first investment, UK universities set up responsible investment network, and more.
PLUS: Croatia’s first social impact fund, $100m financing partnership for emerging market ventures, new ‘repayable grants’ for Scottish environmental businesses, Canada’s MaRS Catalyst Fund rebrands and expands, and more.
An A-list actor commits to social enterprise, a foundation diverts a twelfth of its wealth into impact investing and Churchill sends social entrepreneurs travelling worldwide to seek out social impact.
