Mocha Monday: Acumen Fund
December 5, 2011 | 6:14 AM
Labels: Acumen Fund, Mocha Monday, Philathropic Capital, Photos, Social Good, Social Impact, Spotlight Org, Uganda
This week’s Mocha Monday spotlight’s Acumen Fund. Acumen Fund mission is to create a world beyond poverty by investing in social enterprises, emerging leaders, and breakthrough ideas. Convinced that neither charity not the marketplace alone is the answer, Acumen Fund advocates for “patient capital”—philanthropic capital for social and financial returns.
One exciting Acumen Project is the “Gulu Agricultural Development Company”. Why Gulu? Gulu, Uganda has suffered a brutal civil war for the past three decades and peaceful reconciliation is only beginning to take root. Acumen Fund –in partnership with Root Capital—funded a cotton ginning company to revive Gulu’s cotton sector. Check out the photo essay slideshow, here!
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