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TechSoup is tapping impact investors to raise capital to fund initiatives that enable the nonprofit organization to grow and strengthen its work.
TechSoup is a California-based social enterprise business that provides technology solutions worldwide and is running for more than 30 years.
TechSoup has launched a direct public offering (DPO), a structure used by companies to raise capital instead of seeking grants.
According to TechSoup, they are the first nonprofit the U.S. Securities and Exchange Commission has approved for this type of debt offering.
Anthony Lee, managing director of Altos Ventures, and a TechSoup board member, says that the DPO is a new tool for nonprofits to raise capital, and for investors who want to support social enterprises and nonprofits, but also want a return on their capital. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Spotlight
Oxfordshire Billed As Britain’s First Social Enterprise County
Social Enterprise UK  named Oxfordshire  county as Britain’s first-ever 'Social Enterprise Place’. According to Social Enterprise UK, the county was crowned the title because it is “committed to supporting businesses that hold a social or environmental mission and reinvest their profits for good.”
