Elevance Health Foundation, the philanthropic arm of Elevance Health, is launching a new impact investing program to provide loans to small businesses, social enterprises, and entrepreneurs that support health equity in under-resourced communities.
With 2019 officially behind us, our team took a second to celebrate our favorite wins, which helps us to also look forward and set goals for 2020.
Impact investing can unlock urgently needed finance quickly by using a catalytic model. The Freedom100 Fund combines the power of impact investing with Freedom for Immigrants’ proven national bond model to give immigrants a fighting chance at freedom by paying their bond and reconnecting them with loved ones and legal services, at no cost to the family.
By focusing on underinvested communities, the Community Finance Fellowship is an accessible on-ramp for a traditionally inaccessible sector.
ABASD and Mission Driven Finance are excited to launch the AdvanceAPI Fund and provide flexible capital for San Diego small businesses and nonprofits with an API heartbeat.
Diversity is a strength, a great reducer of blindspots, and our industry has been woefully not diverse. This lack of diversity in finance perpetuates unequal access to capital and opportunity.
A year ago, we were certified as a B Corporation. This month we were named as one of the Best For The World for our incredible customers—the changemaking companies we support. We rank in the top 10% of all 3,000+ B Corps around the world for the positive impact we make together with our customers!
Cutting Edge Capital spoke with Mission Driven Finance Co-founders Lauren Grattan and David Lynn to talk about our mission, and how our community-first perspective guides us to find investment opportunities.
Our flexible, personalized financing approach allowed us to provide Friends of Willow Tree a $100,000 bridge loan that they used for expenses at the start of the school year, keeping the program affordable and accessible for their majority low-income students.
The idea for Advance came from speaking with people who wanted to invest in their communities and the issues that they cared about but didn’t know how.
When we first met Kris Schlesser, founder of LuckyBolt, he was six years into a quest to make the perfect breakfast burrito easily accessible to professionals on the go, and had been financing the business with high-interest credit cards and microloans.
Mission Driven Finance Co-founder Lauren Grattan reflects on building an inclusive, expansive economy after attending SOCAP’s SPECTRUM conference.
David and Lauren spent National Small Business Week on the road in New York; Columbus, Ohio; and Baton Rouge, Louisiana. They spoke with stakeholders from different walks of life who all recognize the transformative power of small business from varied angles.
We had the honor of hanging out with inspiring women leading change during our Women Build the Future breakfast with San Diego Habitat for Humanity.
“I have managed to invest…but one of the proudest things I have been able to do is pay for all of the school fees for my 7 children.”
—Seraphine, artisan
Charitable & private investors have contributed more than $1 million to a revolutionary fund supporting affordable housing for low-income families.
Our COO and resident social determinants of health nerd Shreya Sasaki discussed her work with local nonprofit MAAC to create pathways for healthier San Diego families.
Our conversation with NPR about discrepancies in access to capital for lower-income communities and how we can level the playing field.
Here are David’s generalized takeaways from the Milken Institute convenings in Oakland, centering around affordable housing, Opportunity Zones, and how local and statewide policies in California can be structured to influence positive outcomes.
