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REDF Impact Investing Fund September 2021 Newsletter

REDF Impact Investing Fund September 2021 Newsletter

RIIF Closes Two New Loans REDF Impact Investing Fund has recently invested in two new mission-driven businesses! With 13 loans closed to-date and over $2.4M invested, RIIF is expanding its footprint and accelerating the growth of social enterprises.  With its sights set on expanding in the Northeast, a $200K working capital loan to Working Fields, …

REDF Impact Investing Fund September 2021 Newsletter

Save the Date! Applications for the REDF Accelerator will open on Monday, September 13. Ready to take your employment social enterprise to the next level? Looking to build a community of peers? The five-month, highly interactive REDF Accelerator could be the right program for you.   22 Enterprises Selected to Prepare to Become SNAP Employment …

REDF Impact Investing Fund September 2021 Newsletter

The Doe Fund’s Mobile Markets Drive Change in NYC Flexible capital and capacity building support from RIIF powered the pilot of The Doe Fund’s Good Food Works Mobile Markets project. Leroy Green, Mobile Markets Manager and graduate of The Doe Fund, and Jason Finder, Director of Good Food Works, share more about the power of …

REDF Impact Investing Fund September 2021 Newsletter

The Doe Fund, a leading organization in New York City dedicated to breaking the cycle of homelessness, addiction, and recidivism through their nationally acclaimed work-based model, was the recipient of a bridge loan from REDF Impact Investing Fund (RIIF)  in 2020.  Flexible capital and capacity building support from RIIF powered the pilot of its Good …

REDF Impact Investing Fund September 2021 Newsletter

Leadership Spotlight: A. Charlene Leach Since joining Better Futures Minnesota just six months ago, CEO A. Charlene Leach’s strong leadership and new perspectives have helped strengthen the organization and prepare them for growth despite exceptionally challenging times. Learn more about Ms. Leach’s leadership ethos and how RIIF’s partnership has helped Better Futures on its journey. Read more here.  …

REDF Impact Investing Fund September 2021 Newsletter

REDF Partners with LA County to Distribute $46M in Grants to 1,400+ Social Enterprises & Small Businesses REDF proudly partnered with the LA County Department of Workforce Development, Aging, and Community Services (WDACS) to distribute CARES Act funding totaling $46 million to over 1,400 small businesses, social enterprises, B corporations, non-profits, and Community Business Enterprises …

REDF Impact Investing Fund September 2021 Newsletter

RIIF Receives $2 Million PRI from the Annie E. Casey Foundation Representing Largest Investment To Date  We are excited to announce that RIIF has closed a $2 million Program-Related Investment (PRI) from our valued partner the Annie E. Casey Foundation. With this loan, RIIF can deepen its impact and accelerate the growth of the social …

REDF Impact Investing Fund September 2021 Newsletter

Are You Invested in an Inclusive Economy? Building an inclusive economy strengthens our workplaces and our communities — it benefits us all. And employment social enterprises are integral to realizing that vision. Our country faces economic and social challenges the magnitude of which we have not seen for generations. Now is the time to invest …

REDF Impact Investing Fund September 2021 Newsletter

Firebrand Artisan Breads Shares Their Recipe for Success Since 2008, beloved Bay Area bakery Firebrand Artisan Breads has been creating delicious baked goods while building an enviable company culture. With a loan from RIIF, our largest closed to-date, Firebrand will expand its operations into a new production facility and strengthen its social mission. We sat …

REDF Impact Investing Fund September 2021 Newsletter

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).  …