Nonprofit Impact Fund’s Next Move: A For-Profit Spinoff

In 2009, Eva Yazhari co-founded a nonprofit impact fund aimed at companies serving bottom-of-the-pyramid customers in emerging markets. But that nonprofit status limited the fund’s ability to expand. So, she formed a spin-off that’s a for-profit and is about to make its first investments.

Source: https://www.forbes.com/sites/annefield/2021/07/24/nonprofit-impact-funds-next-move-a-for-profit-spinoff/

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