Heard on the Street: a Wisdom Fund for women entrepreneurs, Chicago’s impact investing landscape, and the effects of the Obama Presidential Center

By March 25, 2019 Heard on the Street

Heard on the Street – here’s what we were reading last week:

Will Obama’s Presidential Center Invigorate or Gentrify Chicago’s South Side?: Economic impact is projected at $246 million annually. Neighborhood sentiment is strongly pro-Center. But how to address persistent concerns about an environmental lawsuit, traffic disruptions and the refusal to sign a Community Benefits Agreement?

CNote Launches Wisdom Fund to Close Lending Gap for Women: New impact investment vehicle provides funding to underserved women of color and low-income women entrepreneurs across the country.

Introducing the SEC’s Advocate for Small Business Capital Formation, Martha Miller: The Securities and Exchange Commission’s newest office, the Office of the Advocate for Small Business Capital Formation, introduces Martha Miller as the first Advocate. Her role will be to oversee the office dedicated to advance the interests of small businesses and their investors.

Chicago’s Impact Investing Landscape: A Conversation: Impact investing, a trend quickly gaining momentum in Chicago, offers an answer. In February, small businesses, not-for-profits, corporations, foundations and venture capitalists alike gathered at the annual Impact Investing Showcase, to learn about how the latest innovations and impact measurements help businesses “do well” and “do good” at the same time.