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Democratizing impact investing, a new gender-equity ETF, regenerative economy, digital solutions to the Global Goals
Jan. 11, 2018
Photo credit: Elijah Hiett
Greetings, ImpactAlpha readers!
#Featured: ImpactAlpha Voices
Democratizing — and localizing — impact investing in 2018. Invest in what you know, right? For smaller investors who know their own communities best, it’s been hard to follow Warren Buffett’s famous advice. Now, a range of new approaches and products is allowing individuals to invest directly in their peers and communities. Democratizing the ranks of those who allocate capital is also democratizing access to that capital.
Amy Cortese, the journalist and author of “Locavesting, The Revolution In Local Investing And How To Profit From It,” has been tracking the turning tide. Take the JOBS Act, the Obama-era legislation that allows citizens to invest in small and local businesses. In the first full year since the new rules went into effect, such small-dollar, crowdfunded investments raised close to $55 million for more than 177 ventures. Women and minority-led ventures were more successful at meeting their equity crowdfunding goals than their white male peers.
Read, Democratizing — and localizing — impact investing in 2018,” by Amy Cortese on ImpactAlpha.
#Dealflow: Follow the Money
Edtech venture for English learners gets $13.9 million boost. The funding round for Boston-based Ellevation Education was led by Reach Capital. With the move, Reach joins Ellevation’s roster of big-name tech investors: Emerson Collective, Zuckerberg Education Ventures and Omidyar Network backed its $6.4 million funding round in 2016. Ellevation Education supports teachers working with the 10% of K-12 students in the U.S. who are non-native English speakers. Its software helps teachers track student progress in English.