Grants to Help Break Barriers to Catalytic Capital

The Catalytic Capital Consortium (C3) Grantmaking program, a partnership between MacArthur, The Rockefeller Foundation, and Omidyar Network, has made nine awards to organizations around the world to help break down barriers to the use of catalytic capital.

These grants support tools, projects, and programs that will help make the deployment of catalytic capital easier, more efficient, and more effective by tapping into the experience and creativity of those who are already designing innovative solutions and generating practical ideas for impact.

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.

Organizations Receiving Funding

This set of awards, the first in a two-part series made within the Fostering Solutions and Infrastructure workstream, follows earlier C3 Grantmaking announcements of $1.2 million to support leading impact investing networks in identifying and spreading best practices for catalytic capital and $2.2 million to support research projects that analyze past uses of catalytic capital.

Photo Details: Philomene, a cassava farmer and client of Opportunity International is near her farm in the outskirts of Kinshasa, Democratic Republic of the Congo (DRC). Opportunity International equips women in the DRC through various financial and agricultural training programs to increase their incomes and send their children to school. Opportunity plans on mobilizing catalytic capital at scale to facilitate the access to credit for women, smallholder farmers like Philomene.