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Enhanced Capital, a New York-based impact investment firm, says it has created more than 53,000 jobs, offset 1.8 million metric tons of carbon emissions, and invested $3.7 billion in community projects since it was founded in 1999, Fortune reports.
According to the firm's 2023 Community Impact Report, it has invested in more than 900 projects and businesses in 40 states, Washington DC, and Puerto Rico.
"In our 2023 Community Impact Report, we are proud to highlight the meaningful impact of transforming local economies for the benefit of investors and community stakeholders," CEO Michael Korengold says in a press release.
Some of Enhanced Capital's projects, per the report:
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Why This Book Needs to be Read By Every Social Entrepreneur
Pedagogy of the Oppressed, a 1970s book by author Paulo Freire, envisions a world not as a given reality, but as “a problem to be worked on and solved.” That mentality is often applied to the greatest social entrepreneurs.
