Fourfold Strengthens Impact Investing Commitment with ELEA Partnership
The world’s most vulnerable stand at the forefront of social and environmental threats to life, dignity, and prosperity. Through impact investing, Fourfold aims to enable and scale innovative entrepreneurial solutions that will address the twin challenges of poverty and climate change.
To this end, Fourfold enters into a multi-year partnership with the elea Foundation. A Fourfold grantee since 2022, elea is an active philanthropic impact investor that fights absolute poverty through entrepreneurial means. elea supports impact entrepreneurs and their ventures in the post-startup and growth phase in combining long-term economic success with sustainable, measurable impact.
Through this partnership, Fourfold supports elea’s goal to positively impact the lives of 100 million people by 2030 and will provide much-needed catalytic capital to empower and educate more talented social entrepreneurs in the Global South. For Fourfold, this philanthropic investment marks a significant commitment to strengthening the impact investing sector, aligned with its use of entrepreneurship as a strategic lever.
Going forward, Fourfold will work closely with elea strategically and operationally, including active participation in elea’s Comité de Patronage and Investment Committee. More information about Fourfold's partnership with elea can be found in this press release.