The ImpactFest 2024 event unveiled over €44M in new funding to support impact entrepreneurs, with six funds created for startups across diverse sectors.
The new State of Impact 2024 report highlights a concerning 28% decline in funding for impact startups this year, projecting $33B raised so far.
Despite a drop in funding, impact startups collectively hold a value of $2.4T, showing resilience but indicating that none of the 17 SDGs are on track.
The Social Impact Fund The Hague aims to raise €8 to €10 million to assist entrepreneurs addressing social challenges, emphasizing local issues in the community.
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