Designers in one of Brazil’s largest favelas are celebrating diversity, upcycling used fabrics and drawing inspiration from local history – and their creative influence has even spread across the Atlantic.
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.
The social investment finance intermediary publishes the results of its first year of investments in Bristol. Dangling the carrot of a tax break has encouraged social investment; now outcomes should prove equally attractive.
The Resonance Bristol Social Investment Tax Relief (SITR) Fund has made its first three investments. Investment manager Donna Thomas told us what the Fund means for Bristol and why Resonance is now aiming to bring the benefits to other cities.
Goldman Sachs’ social impact bond pays off in the US, providing children in the state of Utah with excellent quality preschool education, and the Sankalp Forum prepares to create an impact in Indonesia.