By Maggie Stohler
On behalf of everyone at Impact Engine, we want to wish you happy holidays! Before we look ahead to the new year, we paused for a moment to reflect on 2017. Impact Engine has had a strong year of growth and evolution as we continue to invest in companies driving social and financial returns. Below we’ve recapped a few of the highlights from the year.
We kicked off 2017 with our Community Showcase in January which featured Chicago funds that invest for both financial and social return, as well as presentations from their investees. The event brought together over 275 people to hear about the inspiring work happening at Benefit Chicago, Clean Energy Trust, Energy Foundry, Ekistic Ventures, Furthur Fund and SLoFIG. In his Forbes write up of our event, John Carpenter remarked, “Not only do companies keep popping up with the dual aim of fixing some social ill while at the same time banking cash, but the pool of investor money willing to stake them seems to be growing.” It’s no surprise to us that Chicago was named the social entrepreneurship capital of the world, and this event was a testament to the exciting energy surrounding impact investing in the city. (Our next showcase is coming up January 30, 2018 – hope to see you there!)
Throughout the year we stayed busy, adding seven new investments to our portfolio (ConsejoSano, Kaizen Health, CoInspect, First Access, Book Nook, Measurabl, and Viridis), as well as three follow-on investments (Regroup Therapy, ThinkCERCA and Edovo). We explained why we made some of these investments and what we look for across our impact focus […]