Please check out NEW report by our partner Fashion for Good on Financing the Transformation in the Fashion industry via the link below:
View the full report here.
FOUNT investment advisor for AGRI3 FUND
We are very proud to announce our investment advisor role for the AGRI3 Fund, jointly with Mirova Althelia and Cardano Development. Today the Dutch government and Rabobank announced their anchor investments in AGRI3 Fund at the World Economic Forum in Davos. The AGRI3 Fund is an unique fund that contributes to forest protection and finance sustainable agriculture at scale whilst improving rural livelihoods in emerging markets.
Please see the press release here
C&A Foundation and FOUNT call for proposals for a Developmental Evaluation of the Good Fashion Fund.
C&A foundation and FOUNT are looking for an Evaluation Team to perform a Development Evaluation of the Good Fashion Fund of which we are the Fund Manager.
Read the request for proposal here.
First affordable houses sold to Mozambican families
Nearly 8 months after cyclone Idai hit the city of Beira and destroyed approximately 70% of houses, the first batch of Mozambican families will receive the keys to their new houses in the Inhamizua community in the city of Beira. For the first time ever, low to middle income Mozambicans will be getting access to housing via a range of private sector financed housing finance schemes that are new to the Mozambican housing market. As part of an assignment for the Dutch government, FOUNT supported this project through the design of the housing finance schemes and presenting the project to Mozambican banks.
For more information on the Inhamizua affordable housing project, click here: Inhamizua affordable housing project
Clean Cooking Forum 2019
Clean Cooking Forum in Nairobi, Bernadette Blom moderating a panel about how to use crowdfunding to address affordability in BOP markets.
Tanvi Karambelkar, Investment Manager of the Good Fashion Fund , in podcast on sustainable fashion.
The Good Fashion Fund’s Investment Manager, Ms Tanvi Karambelkar, had the pleasure of being invited to participate in a podcast by the Sustainable Fashion Academy to discuss the financing gap in making the textile supple chain more sustainable. The key insights she stressed upon were that environmental & social challenges faced by the textile industry are not confined in a textile vacuum. There are substantial runoffs throughout society, be it environmental problems (high use of water, energy & hazardous chemicals) or grave social issues (women’s health, harassment, automation vs. loss of jobs). We have to stop looking at only apparel brands to solve these challenges. NGOs, not-for-profits, development & multilateral finance institutions and foundations need to collaborate in order to expedite changes in the textile industry, because it affects all of us, all the time. Let’s make it happen, the time is now. Click here to listen to the podcast.
Good Fashion Fund in the news
Last week, together with @FashionforGood, @themillsfabrica and @FOUNTeu we announced the launch of the #goodfashionfund, the first investment fund focused on driving the implementation of innovative solutions in the fashion #supplychain!
Learn more: https://t.co/Dugzt4FfvY pic.twitter.com/FftoKLEeLj
— C&A Foundation (@CandAFund) September 9, 2019
Launch of the Good Fashion Fund
FOUNT is thrilled to announce the launch of the Good Fashion Fund, a joint initiative by FOUNT, Fashion for Good, C&A Foundation and The Mills Fabrica.
This unique impact fund provides long term debt financing to sustainable apparel manufacturers in Asia for implementation of high-impact technologies. Through its investments, the Good Fashion Fund drives positive impact across the fashion industry in order to make it more sustainable. FOUNT is the Fund Manager.
Read more in the official press release by Fashion for Good here.
FOUNT presents GFF
On June 13, the Fashion For Good’s Innovation Fest took place and on June 22, the Planet Textiles 2019, ITMA Conference in Barcelona took place.
Bob Assenberg, partner of FOUNT and representing the Good Fashion Fund, participated in the break-out session during the Fashion for Good’s Innovation Fest in Amsterdam. He was part of the panel discussing the challenges and strategies with regard to financing of disruptive technologies in the apparel industry. Tanvi Karambelkar, Investment Manager for the Good Fashion Fund, was invited to discuss the opportunities and constraints of financing technological disruptions in the textile industry at Planet Textiles 2019, ITMA Conference, Barcelona. She was joined by Mr. Abhishek Bansal of Arvind, and Mr. Pete Santora of Softwear Automation. The Panel was moderated by Georgia Parker of Fashion for Good.
The picture above was taken during the Fashion For Good’s Innovation Fest.