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The Global Corporate Venturing (GCV) Leadership Society has just announced the formation of a new fund called the MSD Global Health Innovation Fund, the Wall Street Journal reports.
The fund will invest in early-stage health care technology projects around the world, with a particular focus on emerging markets.
The announcement comes on the heels of a similar deal between the GCV and the Bill and Melinda Gates Foundation.
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Selected Foundation News
A customized collection of news from foundations from around the Web.
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Social Entrepreneurship
Spotlight
Sustainable Principles for an Innovating Nigeria
The Central Bank of Nigeria (CBN) released the Nigerian Sustainable Banking Principles, an agreement signed by 34 banks, including the original eight of the nation’s leading banks, that covered nine key areas: environmental and social risk management, environmental and social footprint, human rights, women’s economic empowerment, financial inclusion, environmental and social governance, capacity building, collaborative partnerships and reporting.