New Inclusive Creative Economy Strategy to Demonstrate That the U.S. Creative ...

credit:

"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food, and other key commercial creative industries."

Now, thanks to a $15 million investment from 14 funders, including the Andy Warhol Foundation for the Visual Arts, the "first dedicated impact investment portfolio for the US creative economy" is coming to life.

Upstart Co-Lab, a sponsored project of nonprofit Rockefeller Philanthropy Advisors, says the Inclusive Creative Economy Strategy will focus on investing in the creative industriesincluding film, fashion, video games, beauty, food, and other key commercial creative industriesthrough funds and companies to "secure blended value."

"The creative economy values merit and originality, it can help to build a more inclusive economic future," says Michael Quattrone, co-founder of the Skoll Foundation and Upstart Co-Lab.

"By demonstrating that putting more money to work in the creative economy can generate both attractive financial returns and positive social impact, this initiative can help break new ground for impact investing and build a more equitable and vibrant creative landscape in the US," says Roy Swan, director of mission investments for the Ford Foundation, one of the 14 funders.

Read the Entire Article

Explore the
Community Vital Signs
for the
Philadelphia Foundation

Wean Grants Fund Science Fiction Museum, Education Projects

The Wean Foundation awarded three grants.The money will be used for education-related projects.One of the grants will support the creation of a sci-fi museum in Trumbull County, Ohio.The other two...more

A Legacy of Love
Foundation: Manatee Community Foundation

John and Marianne Moyer created an endowment at MCF: the Moyer Foundation Fund.The original gift is invested, it grows over time, and it benefits the community forever.endowed gifts like the Moyers'...more

Building Funder Coalitions

Funders for Mutual Aid in Sudan is a group of philanthropic actors and other stakeholders committed to strengthening locally led humanitarian response in Sudan.Coalition participants are aligning...more

Government Announces ‚¬6.5 Million Creative Climate Action Fund III

New fund will support large-scale creative projects to engage communities in climate action.The Creative Climate Action Fund III (2026-2029) will support ambitious, durational projects that bring...more

Estacada Begins Downtown Historic Building Revitalization With $400K State Grant

The city secured an Oregon Main Street Revitalization Grant of $400,000 last summer to support critical upgrades to a pair of prominent, historic buildings.The Oregon State Lottery provides funding...more

Idb Lab to Invest $8 Million in Agventures III Fund to Advance Agtech Innovation

IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB Group), announced an investment of $8 million in the AgVentures III Fund.The fund aims to raise $80 million...more

The Pachipanda Challenge and Africa's Rising Eco-Innovation Leaders: 2025 Edition |

The 2025 Africa PachiPanda Challenge has once again illuminated the extraordinary potential of young Africans designing solutions local environmental challenges.Alumni innovations have translated...more

De Turf Sports Complex Gets $4.15M State Grant For Domed Field

DE Turf Sports Complex gets $4.15M state grant for domed field.Domed facility will give area youth and high-school programs a place to practice and compete year-round.The domed facility also will...more

Parents and Teachers Urge Sfusd Board Not to Colocate Gateway Middle School on ...

Parents and teachers urge SFUSD board not to colocate Gateway Middle School on Creative Arts campus.San Francisco Unified School District Board of Education January 8,...more

Creative Arts Charter Asks Sfusd to Place $14 Million Prop 51 Application on Next Agenda

Creative Arts Charter asks SFUSD to place $14 million Prop 51 application on next agenda.San Francisco Unified School District Board of Education January 23, 2018.AI-Generated Content: All content...more