Topics Under Category: "Ecosystem"

Maine harvest credit union

A New Credit Union in Maine Will Fund Sustainable Food and Farms

Locavesting Staff | April 6, 2018

A new credit union is hoping to fill a funding gap in Maine for small scale, sustainable farming and food production. Called Maine Harvest, the credit union is in a final fundraising push to reach a $2.4 million capitalization, at which point it can apply for a charter. It is expected to open in early […]

Impact Entrepreneur

Impact Entrepreneur Adds Incubators and Friendly Funding to Ecosystem

Anne Field | March 26, 2018

Since 2011, Laurie Lane-Zucker has been building social entrepreneurship ecosystems. He founded Impact Entrepreneur, a LinkedIn group, to combat the isolation and dislocation he felt as a social entrepreneur working in the hills of Sheffield, MA, in the Berkshires. Today that group counts 17,000 members around the globe. From there, he created a consulting arm […]

BALLE fellows

New Local Economy Cohort Spotlights Rural and Indigenous Leaders

Locavesting Staff | March 20, 2018

The Business Alliance for Local Living Economies (BALLE) unveiled its latest group of Local Economy Fellows on Tuesday. The 25 new Fellows—representing BALLE’s fifth such cohort—are a diverse range of leaders tackling challenges in rural, indigenous, and second-tier urban communities across 16 American states and three Canadian provinces. The fellowships are awarded to systems entrepreneurs […]

How the New ‘Opportunity Zone’ Incentives Can Work in Your Community

Brian Beckon | February 16, 2018

Tucked into the sprawling 2017 tax law was a provision for the creation of  “Opportunity Zones” that offer investor tax incentives intended to draw long-term investment to struggling areas of the country. While not specifically designed for community capital and everyday investors, Brian Beckon of Cutting Edge Capital lays out three ways to create opportunity […]

Community Foundations Go All-In on Place-Based Investing

Sarah Trent | January 29, 2018

Two years ago, Baltimore Community Foundation was working to build race equity into its selection process for investment managers when a question was raised. “We asked, ‘Why are we not considering local impact investing that could specifically address race equity and lack of access to capital for communities that have been shut out of wealth […]

ImpactUS shut down

Impact Investing Marketplace ImpactUs Shuts Down

Locavesting Staff | January 16, 2018

ImpactUs launched last spring with a splash. Hatched out of the CDFI world and funded by heavyweights including the Ford and MacArthur foundations, the impact investment marketplace promised to bring new ease to connecting investors with vetted funds as well as direct investments in social enterprises. Its goal: $1 billion in transactions over five years. […]

In Maine, Local Funding and Talent Fuel a Thriving Textile Cluster

Anne Field | January 9, 2018

If you’re looking for signs of a resurgence in U.S. manufacturing, your first stop should be Maine. There you’ll find a burgeoning cluster of textile startups focused on making products in the state. You’ll also find a local ecosystem that brings together together the local funding, talent and training that make the cluster possible. A […]

impact accelerator

Techstars Launches New Social Impact Accelerator

Anne Field | October 30, 2017

When it comes to social impact entrepreneurship, it’s everyone into the pool. The idea of business as a force for good has been entering the mainstream, with Wall Street firms like Goldman Sachs and Bain Capital creating impact investment funds. Now Techstars, the Silicon Valley accelerator, is the latest high profile name to jump in. […]

Change Finance

New Products Bring Impact Investing to the Masses

Locavesting Staff | October 16, 2017

Many individuals would like to know that their investments are doing some good in the world. One recent survey found that 75% of investors were interested in impact investing. But the $114 billion impact investment market has traditionally been the domain of foundations, institutions and wealthy  individuals. That’s changing. “We are at a tipping point,” […]

SOCAP17

New Tools for Social Entrepreneurs Debut at SOCAP17

Locavesting Staff | October 7, 2017

Hundreds of impact investors will converge on San Francisco’s Fort Mason Center starting Oct. 10 for the 10th annual Social Capital Markets conference, or SOCAP as it is better known. Like bees to honey, the pricey event also attracts social entrepreneurs seeking capital, including 140 entrepreneurs from around the globe who are attending thanks to […]