Is an impact investment fund with almost 15 years experience in small and medium sized enterprises smes that serve low income communities in developing countries primarily in sub saharan africa and south asia.
Clean energy partnerships acumen.
Acumen has a successful track record in sourcing and executing equity investment opportunities in the clean energy agriculture and health care.
Acumen formerly known as acumen fund is a non profit impact investment fund with over 15 years experience in investing in social enterprises that serve low income communities in developing countries across sub saharan africa south asia latin america and the united states.
This program aims to accelerate the transition from biomass based cooking to modern clean low carbon energy efficient alternatives.
The acumen fund inc.
Acumen will support.
Acumen is excited to announce that fmo the dutch entrepreneurial development bank has invested 2 8 million into acumen s pioneer energy investment initiative peii surpassing the peii s goal of raising 20 million to bridge the funding gap in off grid energy and accelerate energy access across the developing world.
Clean energy agriculture education healthcare workforce development and financial inclusion.
With fmo s support along with other peii partners including ikea foundation dfid signify foundation autodesk foundation and more the opportunity to collectively move the needle in.
Acumen is forming a new partnership with the dfid funded modern energy cooking services mecs program.
Clean energy partnerships cep establish strategic partnerships and a collaborative platform to accelerate innovation in business models technologies and affordable modern energy access for poor households and enterprises.
Acumen pioneer energy investment initiative peii.
New york ny april 17 2019 acumen the nonprofit that invests philanthropic capital in companies and leaders tackling poverty today announced the approximately 70 million close of for profit fund kawisafi ventures through acumen capital partners.
Acumen has exited clean cooking investee kopagas a pay as you go lpg provider.
Kawisafi a nearly 70 million fund aims to scale.
With the peii acumen s aim is to reach.
In addition to our philanthropic investing work this year acumen achieved the final closing of its first returnable fund kawisafi ventures managed by its subsidiary acumen capital partners.
It aims to demonstrate that small amounts of philanthropic capital combined with large doses of business acumen.
The fund kawisafi ventures is accelerating access to clean energy solutions for low income populations in east africa.