Impact investors invest to create both social and financial value.

Expectation of financial returns vary from zero-interest loans to fully risk-adjusted, market rates.  Some investors do not even require that investments be paid back in cash if returns are, instead, re-invested to further the expected social impact.  Impact investors range from impact first investors, who place primary importance on the social impact of their investments, even in the face of lower financial returns, to finance first investors who expect to make a target rate of financial return, but want their investments to produce social impact to the extent consistent with the expected rate of financial return.  What binds all impact investors whether they are impact first, finance first, or somewhere in between is a disciplined, investor approach to measuring the potential social, environmental, and financial returns.

Through the Agora Venture Fund, the first early-stage impact investment fund in Latin America and through our partnership with Thriive Capital we are committed to growing the field of early stage impact investing and using our investor network to constantly improve the Accelerator Program.