Quantcast

Impact America Celebrates Launch on Fourth of July - abc27 WHTM

Impact America Celebrates Launch on Fourth of July

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Impact America

Firm Pioneers Innovative Approach to Maximize Opportunity in Underserved Communities in the US through Investing in High-Growth Entrepreneurs

NEW YORK, July 3, 2014 /PRNewswire/ -- The Fourth of July is a time to celebrate the freedoms at the heart of America, the Land of Opportunity. Yet substandard education, rising unemployment, heightened crime rates, and the widening income gap continue to persist across the country. The Washington Times reports that about 50 million Americans live below the poverty line and a record 47 million of them receive food stamps. With growing focus on the widening income gap and the need for innovative, results-oriented interventions, Impact America joins together with Prudential Financial, Inc. and PowerMoves.NOLA to celebrate its launch at the PowerMoves.NOLA Initiative on July 4th in New Orleans (live streamed nationwide) with the mission to Maximize Opportunity through its innovative approach to supporting best-in-class, diverse entrepreneurs directly improving the quality of life in underserved communities through Health & Wellbeing, Education, Essential Services, and Financial Security.

Founded by Kesha Cash and led by a team of accomplished entrepreneurs and industry veterans, finance experts, community development specialists, and pioneers in proven, game-changing organizational models, Impact America is an early-stage firm that supports high impact, high growth companies reaching massive underserved low to moderate income markets (often historically distressed), with a strong interest in minority-led enterprises.

Impact America is the evolution of Jalia Ventures, a minority-focused impact investing initiative founded in 2010 with the support of Josh Mailman and Serious Change, LP that was executed through a unique collaborative ecosystem which includes leading investors, accelerators, community organizations, university programs, and industry experts across the country. Building upon the success of Jalia Ventures' collaborative model, Impact America continues to grow its national support network through strategic working relationships with aligned organizations committed to pioneering new models of impact investing and community development such as Prudential Financial, PowerMoves.NOLA, Social Venture Network, Columbia School of International and Public Affairs, Columbia Business School Social Enterprise Program, Pace University Helene and Grant Wilson Center for Social Entrepreneurship, digitalundivided, Surdna Foundation, and SJF Institute.

Impact America unites this collaborative ecosystem through the opening of offices in Silicon Valley and Newark, New Jersey with support from Prudential. Prudential's partnership with Impact America is well aligned with the company's announcement at the White House on June 25, 2014 to build a $1 billion impact investment portfolio by 2020 to create positive social change and help individuals and communities achieve economic success. Prudential has been a leader in impact investing for decades, having formalized its impact investing program in 1976 and has continuously supported innovative, results-oriented programs. Working with Impact America, together the organizations can uphold the commitment to support diverse entrepreneurs pioneering market-driven solutions to some of our country's most pressing issues: Health and Wellbeing, Education, Essential Services, and Financial Security.

For information Impact America, visit www.ImpactAmericaFund.com. To interview Impact America Founder Kesha Cash, contact Alissa Sears at alissa@christiecomm.com  or 805-969-3744. For Prudential Financial, Inc., contact Harold Banks at 973-216-4833 or harold.banks@prudential.com.

©2012 PR Newswire. All Rights Reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • State police arrest man for aggravated assault

    State police arrest man for aggravated assault

    Saturday, August 30 2014 2:10 PM EDT2014-08-30 18:10:05 GMT
    State police say a Dauphin County man is behind bars for aggravated assault.Troopers were called to a home on the 100-block of South Second Street around 3:35 Friday afternoon.According to state police, they received a complaint that 48 year old Robert Dale Beaver, Jr. allegedly took prescription drugs, and was carrying a knife and big stick.Troopers say Beaver was looking to pick a fight.Investigators say Beaver refused to listen to commands and reached for the knife in an attempt to attack ...More >>
    State police say a Dauphin County man is behind bars for aggravated assault.Troopers were called to a home on the 100-block of South Second Street around 3:35 Friday afternoon.According to state police, they received a complaint that 48 year old Robert Dale Beaver, Jr. allegedly took prescription drugs, and was carrying a knife and big stick.Troopers say Beaver was looking to pick a fight.Investigators say Beaver refused to listen to commands and reached for the knife in an attempt to attack ...More >>
  • At an intersection with no crossing guard, retired Marine steps up to help

    At an intersection with no crossing guard, retired Marine steps up to help

    Saturday, August 30 2014 10:28 AM EDT2014-08-30 14:28:46 GMT
    A retired Marine has gained national attention after he put on his dress blues to help students cross a busy street near a city elementary school It was last year Cpl. Lewis Alston, 63, Lititz, noticed South Duke Street and North Street did not have a crossing guard. The intersection is near Martin Luther King Jr. Elementary School. So Alston, a chaplain for the Lancaster County Marine Corps League, took action. “What I did was the first day of school, on Monday; I was at a funeral service be...More >>
    A retired Marine has gained national attention after he put on his dress blues to help students cross a busy street near a city elementary school It was last year Cpl. Lewis Alston, 63, Lititz, noticed South Duke Street and North Street did not have a crossing guard. The intersection is near Martin Luther King Jr. Elementary School. So Alston, a chaplain for the Lancaster County Marine Corps League, took action. “What I did was the first day of school, on Monday; I was at a funeral service be...More >>
  • Police investigate string of car and home break-ins

    Police investigate string of car and home break-ins

    Saturday, August 30 2014 1:15 PM EDT2014-08-30 17:15:22 GMT
    Police in Lower Paxton Township are investigating another string of car and home break-ins.According to police, two homes on Wesley Driver were reported broken into.One home had cash from a wallet stolen, and a purse was reportedly rifled through.Police say entry was gained through an unlocked door.The second home did not have anything reported missing, but investigators say entry was gained by using a key which was left in a car parked in the driveway.In addition to these incidents, police s...More >>
    Police in Lower Paxton Township are investigating another string of car and home break-ins.According to police, two homes on Wesley Driver were reported broken into.One home had cash from a wallet stolen, and a purse was reportedly rifled through.Police say entry was gained through an unlocked door.The second home did not have anything reported missing, but investigators say entry was gained by using a key which was left in a car parked in the driveway.In addition to these incidents, police s...More >>
Powered by WorldNow