Things at Firebrand Artisan Breads are heating up! With the recent closing of a $500k working capital loan from REDF Impact Investing Fund, our largest investment to-date, this beloved Bay Area bakery is poised to grow its business in an expanded production facility while strengthening its social mission through a new Family Resource Center (FRC). …
There’s been no stopping Pablo since we first shared his story two years ago, which powerfully demonstrates the “ripple effect” that happens when people whose lives are transformed as a result of social enterprise dedicate themselves to helping others. Pablo continues to be an inspiring example to his family, a respected leader in his community, and …
This piece was co-authored by Carla Javits, President & CEO of REDF, and Maria S. Salinas, President & CEO of the Los Angeles Area Chamber of Commerce. When healthy food is delivered to the ‘Jones’ family, whose income disappeared due to the pandemic-fueled economic shut down, they are thankful for the meal but also to …
Take Action: Support Federal Funding for Employment Social Enterprise Since the start of the pandemic, REDF has been working with partners across the country to advocate for increased support for employment social enterprises (ESEs) in federal COVID-19 economic relief efforts. Earlier this month, five U.S. Senators introduced the Jobs For Economic Recovery Act, which would …
Since its formal launch one year ago, the REDF Impact Investing Fund (RIIF) has reached a number of important milestones – deploying over $1.8M in capital, forging a new co-lending partnership in response to COVID-19, and expanding the portfolio to include eight loans closed to-date. These growth-focused businesses are using loan funds paired with REDF’s …
MUST WATCH: Social Enterprises Respond to COVID-19 Head On The inspirational, agile, and entrepreneurial leaders who run employment social enterprises are pivoting their businesses to not only retain their employees, but to serve their local communities at a time when help is needed most. Watch our latest video that shares a few of their inspiring …