Inclusive Economy
The Impact Enterprise Fund claims to be the first domestically-focused impact fund in New Zealand
The Impact Enterprise Fund, a partnership between Ākina Foundation, New Ground Capital and Impact Ventures, has raised NZ$8 million ($5.8 million) to invest in local startups tackling issues in sustainable food production, agriculture, healthcare, clean energy, housing and education.
The Impact Enterprise Fund claims to be the first domestically-focused impact fund in New Zealand.
It is looking to raise an additional NZ$2 million to NZ$7 million in capital and invest in eight to 15 enterprises across a range of sectors.
New Zealand’s first domestic impact fund reaches first close was originally published in ImpactAlpha on Medium, where people are continuing the conversation by highlighting and responding to this story.
This post was originally published on ImpactAlpha.com
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