The Catalytic Capital Consortium (C3) Grantmaking program, a partnership between MacArthur, The Rockefeller Foundation, and Omidyar Network, has awarded $2.2 million in funding to support 14 research projects. They will analyze past uses of catalytic capital around the world in an effort to fuel future investments to address critical global challenges.
C3 is an initiative to help the impact investment field realize its full potential to advance equity, fight climate change, and reach the United Nations’ Sustainable Development Goals. Together, MacArthur, Rockefeller, and Omidyar are jointly funding C3 Grantmaking, a program housed at and administered by the New Venture Fund.
Awardees will use the funding to study past use of catalytic capital across diverse geographies and sectors. Projects include examining barriers that communities of color in the United States face in raising capital and challenges in financing innovations in science and engineering globally.
Organizations Receiving Funding:
This set of awards follows an earlier announcement of $1.2 million to support leading impact investing networks in their efforts to increase the knowledge, awareness, and use of catalytic capital by identifying and spreading best practices.
C3 Grantmaking Announcement ›
Details on Funded Projects ›
Perspectives: Past Use of Catalytic Capital Is Key to Its Future ›
Connect with us on social media or view all of our social media content in one place.
The privacy of your data is important to us. We've updated our privacy policies in response to General Data Protection Regulation.