News
FOUNT Member Spotlight with Bernadette Blom
Check out the latest member spotlight of Convergence Blended Finance, featuring Bernadette Blom, Co-Founder of FOUNT.eu.
Learn about FOUNT’s portfolio of impact funds, their approach to blended finance, how they integrate a gender lens in their work, and more.
AGRI3 and HSBC India announce Partnership Agreement
AGRI3 Fund is delighted to announce the recent signing of a Partnership Agreement with HSBC India for agri financing, commencing with a partial guarantee for a USD 50 million MFI lending program.
Under this Agreement, AGRI3 will provide partial guarantees to HSBC for transactions that have a positive impact on sustainable agriculture, rural livelihoods, and forest protection. In addition to the signing ceremony, HSBC hosted a roundtable event where MFI clients of the bank were invited to discuss sustainability challenges and opportunities.
Read the full article here
Responsible Commodities Facility (RCF) won Environmental Finance ‘Impact initiative of the year: Latin America and Caribbean’ award
The RCF was launched in August 2022 with an initial investment of USD 11m by Tesco, Sainsbury’s, and Waitrose & Partners. For the 2023/24 growing season, the RCF Cerrado Programme expanded with an investment of USD 36.24 million from commercial banks Santander, Rabobank, and a guarantee from the AGRI3 Fund, thereby leveraging the impact of the initial investment made by the food retailers.
BIX Capital recognised as a “major fund” in clean cooking sector in Clean Cooking Alliance (CCA)’s new magazine
While gender-lens investment has been slow to grow, a promising upward trend could be a game-changer for the clean cooking sector. Major funds, including the Global Innovation Fund, Denmark’s Investment Fund for Developing Countries, and BIX Capital, are applying a gender lens in the investment process and investing in clean cooking.
Read the full story here 👉 bit.ly/45YGfxT
Founding Partner Bernadette Blom selected for Top 50 Women in Sustainable Finance in the Netherlands
TOP 50 Women in Sustainable Finance!
We are honoured that our Founding Partner Bernadette Blom is selected as one of the Top 50 female leaders in the Netherlands committed to sustainability in the financial sector by WIFS (the Netherlands) – for the second year in a row.
The women included in the Top 50 are committed to increase sustainability within the financial sector and have demonstrable visibility and impact on this topic. This includes all facets of sustainability, in line with the Sustainable Development Goals of the United Nations.
Congratulations to everyone included in the WIFS Top 50 – 2023!
10 YEARS FOUNT!
FOUNT.eu was established 10 years ago by its founders Bob Assenberg and Bernadette Blom. Last week we celebrated this 10-year anniversary with the FOUNT team in Maastricht.
We started off as a strategic advisory firm focusing on impact investing in emerging markets and during the initial years we supported and advised numerous clients generating impact. Gradually we also became involved in fund & investment management activities initially managing and restructuring the affordable housing portfolio in emerging markets of DIGH.
Today we manage a portfolio of impact funds: BIX Capital (pre financing impact receivables in Sub Sahara Africa) Good Fashion Fund (sustainable fashion) AGRI3 Fund (sustainable agriculture & forest protection) and Organic Development Finance (ODF) (affordable finance for organic agri-producers).
We would like to thank all our clients, investors, stakeholders, team members and partners for your trust and contribution to this beautiful journey.
We are proud and happy and will continue to make an impact for many years to come.
Good Fashion Fund makes new investments in India and Bangladesh
AMSTERDAM – The platform Impact-Investor.com published an article on The Good Fashion Fund (GFF), announcing the completion of two new investments, including its first investment in Bangladesh and its second in India.
Fund managers Fount have invested in Indian ready-made garment manufacturer Progress Apparels and Bangladeshi cotton yarn and denim fabric producer Sri Kannapiran Mills.
Organic Development Finance Fund partners with FOUNT
Organic Development Finance (ODF) and FOUNT are proud to announce their partnership for the scaling of ODF. ODF provides affordable finance to high-potential organic agricultural companies in low-income and emerging countries to increase organic production and achieve sustainable impact for the environment and small holder farmers. By providing finance combined with targeted technical assistance, the ODF catalyses equitable supply chains with high organic integrity,
AGRI3 Fund Transforming Sustainable Cattle Farming in Brazil
As the global food system needs to scale up production to feed a rapidly growing population, while reducing its carbon footprint, preventing deforestation and restoring ecosystems to meet global climate, biodiversity and land degradation targets. The AGRI3 Fund is strongly aiming to address these challenges by seeking to finance sustainable agricultural practices. The UN environment programme wrote a newsletter on AGRI3’s practices and how it aims to transform sustainable cattle farming.
Webinar Impact Investing in Justice Startups on February 23
What are the opportunities for Impact Investing in the field of justice? What does the Innovating Justice Fund launched by FOUNT and HiiL seek to achieve?
Each year, more than 1 billion people face a serious justice problem. Up to 55% of these problems remain unresolved or are resolved in a way that is felt as unfair. To address the gap in equal access to justice for all FOUNT and HiiL launched the Innovating Justice Fund. The Fund provides funding and technical assistance (TA) to early–stage start-ups that sustainably deliver innovative justice services in emerging markets. Read more in the press release of June 2022.
Join the webinar Impact Investing in Justice Startups on February 23rd at 15:00 PM CET to discuss why we need to drastically improve the allocation of capital in order to make justice available for all. The webinar will convene justice sector leaders and investors to discuss and share best practices and see how we could help each other close the justice gap.