2018 • 9 years, 11 months • Impact Investments
Encourage Capital, a research-driven venture capital and asset management firm established in 2014, seeks to solve critical environmental and social problems while also generating compelling financial returns. Encourage Capital will build on its solid track record of investment performance in Indian financial institutions to launch the India MSME Solar Finance Fund which will enable and accelerate the investment of micro, small and medium-sized enterprises in India in rooftop solar energy solutions. The fund will play a critical role in unlocking this essential market that is key to widespread solar adoption in the country, and also drive between 6 and 8 million metric tons of carbon emission reductions annually. Included as part of the fund's foundational premise are: a) access to technical assistance for the underlying financial institution investees of the fund, b) clear strategic alignment with these investees around entering and developing the rooftop solar market, and c) tangible and documented mission targets for the fund that drive manager compensation.