Pact [to 19 December 2015]
http://www.pactworld.org/press-releases
Selected Press Releases, Blog Posts

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December 18, 2015
Pact creates new unit to connect with social enterprise investments
Last month, Pact’s Board of Directors approved a strategic investment in innovative funding mechanisms through the creation of a new business unit called Pact Ventures.

Pact works in more than 30 countries around the world to help people and communities build their capacity to generate income, improve access to quality health services, and gain lasting benefit from the sustainable use of the natural resources around them.

To date, that work has been funded by international donors through grants and cooperative agreements. However, as traditional donor funding has stagnated, Pact, like many of its international NGO peers, has begun to look to the growth of impact investing, which seeks to create both social and financial returns, as a potential new way to further its work and increase its impact.

Pact created Pact Ventures as an intentional and strategic response to this emerging opportunity. Pact Ventures is charged with creating partnerships with the private sector, both traditional corporations and the fast-growing landscape of social enterprises and impact investors, to create new endeavors that connect the best contributions of cross-sector actors while advancing Pact’s social mission at scale. Pact Ventures will build on Pact’s global assets to add resources and innovative new business models in the geographies and technical areas where Pact is strongest…