A $20 Social Impact Fund to Power Startups Focused on Reducing Suffering
Carolynn Duncan said the new fund will make investments of up to $250,000 in social impact companies.
Over at Sustainable Business Oregon, Lee van der Voo writes that a new $20 million social impact fund will focus on bringing engineers, entrepreneurs, and fund managers to bear on world problems.
Our focus is: How can we reduce suffering in the world through market-based solutions?” said Duncan, adding the fund will look for great technical and business talent on the West Coast. She added the fund will seek companies that really go after, tackle and solve a world problem, but don’t settle for lower returns in exchange.