Acumen Fund
Acumen Fund

Founding Year: 2001

Staff: 762

Budget: $28.9m (2022)

Jacqueline Novogratz (Founder & CEO)

Acumen, a U.S.-based nonprofit impact investment fund, was founded by Jacqueline Novogratz in 2001. It invests in social enterprises serving low-income individuals, showing that philanthropic capital and business acumen can build thriving enterprises serving the underprivileged. Acumen has invested $115 million in 113 companies, focusing on clean energy, healthcare, and agriculture sectors. It measures success by the number of lives impacted and the social change created. Acumen Capital Partners was also established to manage funds for social enterprises, supporting scalable solutions that deliver social and financial returns.

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    Acumen Fund contributes to the following Sustainable Development Goals


    • SDG 1 - No Poverty
      Calls for an end to poverty globally by 2030 and promotes increased access to basic services and social protection.
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    • SDG 2 - Zero Hunger
      Aims to end hunger, achieve food security and improved nutrition and promote sustainable agriculture
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    • SDG 3 - Good Health and Well Being
      Aims to ensure healthy lives and promote well-being for all at all ages, by reducing mortality rates and increasing access to equitable health care for men and women.
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    • SDG 4 - Quality Education
      Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
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    • SDG 5 - Gender Equality
      Aims to end gender discrimination in all forms and promote equal opportunity for all women and girls in terms of education, career, and sexual/reproductive rights.
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    • SDG 6 -Clean Water and Sanitisation
      Ensure availability and sustainable management of water and sanitation for all by promoting global access to adequate sanitation and hygiene.
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    • SDG 7 - Affordable and Clean Energy
      Ensure access to affordable, reliable, sustainable and modern energy for all by promoting affordable and reliable energy sources.
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    • SDG 8 -Decent Work and Economic Growth
      Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
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    • SDG 9 - Industry, Innovation and Infrastructure
      Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.  
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    • SDG 10 - Reduced Inequalities
      Aims to achieve economic growth by reducing inequalities regarding social, economic and political opportunities and freedoms.
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    • SDG 11 - Sustainable Cities and Communities
      Aims to promote the globalization of sustainable cities and communities in turn providing universal safe and affordable housing.
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    • SDG 12 - Responsible Consumption and Production
      Aims to create responsible and sustainable practices involving consumption and production through efficiently using natural resources.
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    • SDG 13 - Climate Action
      Calls to take urgent action to combat climate change and its impacts through global awareness, education, and integration into government policies.
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    • SDG 14 - Life Below Water
      Calls to conserve and sustainably use the oceans, seas and marine resources for sustainable development and prevent and reduce marine pollution in order to protect ecosystems and achieve healthy oceans.
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    • SDG 15 - Life on Land
      Aims to protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.
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    • SDG 16 - Peace, Justice and Strong Institutions
      Aims to promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels. Calls to reduce all forms of violence and deaths related to violence and to end abuse and exploitation
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    • SDG 17 - Partnerships for the Goals
      Aims to strengthen the means of implementation and revitalize the global partnership for sustainable development by mobilizing domestic resources in order to provide support for developing countries.
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