The Community Investment Guarantee Pool (the Pool) was launched to offer funding risk mitigation.
The Pool, with guarantee commitments totaling $33.1 million, is a new tool for community development finance and the first of its kind in the U.S.
Organizers hope that it will catalyze more than $150 million in new community investments in small businesses, climate and affordable housing.
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A partner at The Fruit Tree for Business LLP and co-founder of ESSENCE, Lorna Turner, discusses why Social Enterprise Day is a good time to celebrate Exeter’s thriving social enterprise scene.