In partnership with Upstart Co-Lab, the Local Initiatives Support Corporation (LISC) has launched the first impact investment vehicle focused on art, design, culture and creativity.
This is an opportunity for accredited investors to finance affordable, inclusive creative workspaces, fostering quality, 21st-century jobs for low- and middle-income New Yorkers. Anchor investors include ImpactAssets, the Altman Foundation, the Phillips Foundation, Katherine Fulton and Katharine Kunst, Gary Hattem, Kat Taylor — among others.
|Read more here.
Visit the LISC website here.
According to The New York Times, “Since Upstart Co-Lab was founded in 2015, it has helped increase interest in impact investing in the arts…” Read the whole story in A Push to Invest in the Arts Grows Stronger.