If you’re familiar with Acumen Fund, you know these change makers genuinely understand, appreciate and support social entrepreneurship. With a unique, patient capital approach to venture investment, Acumen Fund is pioneering a socially conscious investment model.
Acumen’s portfolio is comprised of dynamic entrepreneurs from around the world who are focused on creating affordable, sustainable solutions to critical social issues including poverty, energy, health, housing and water. Entrepreneurial ventures are meticulously selected based on Acumen’s primary investment criteria: potential for significant social impact, potential for financial sustainability, and potential for scalability.
Once a venture is selected, Acumen invests amounts ranging from $300,000 to $2,000,000 with a long term exit strategy- 5 to 7 years. This patient approach to investment is absolutely critical to achieving sustainable results and we applaud the work of leaders at Acumen. To date, entrepreneurial ventures supported by Acumen Fund have transformed the lives of over 13 million individuals. From malaria protection to clean drinking water and almost everything in between, Acumen entrepreneurs are challenging the status quo, making a difference and changing lives.
Watch the founder of Acumen Fund, Jacqueline Novogratz give an inspirational speech at TED below.
Acumen Fund
- Venture fund that uses entrepreneurial approaches to solve the problems of global poverty.
- Organization Type: Non-Profit
- Website: www.acumenfund.org
- Founder(s):Jacqueline Novogratz
- Founded:2001
- Location:United States, India, Kenya, Pakistan
- See complete company list here
Image Source: acumenfund.org
Contributor Profile: Naiomi
Naiomi is passionate about business for good and the field of social entrepreneurship. As co-founder of SocialEarth, she hopes to help create an uplifting and informative news source for anyone interested in helping those less fortunate.
Twitter: @naiomibisram
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