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| Company type | Nonprofit organization Investment fund |
|---|---|
| Founded | April 2001 |
| Founder | Jacqueline Novogratz |
| Headquarters | United States  |
| Revenue | 30,363,773 United States dollar (2010) |
| Website | www.acumen.org |
Acumen (formerly known as Acumen Fund, legally Acumen Fund, Inc.)[1] is a nonprofit impact investment fund based in the U.S. that focuses on investing in social enterprises that serve low-income individuals.[2][3] Acumen was founded in April 2001 by Jacqueline Novogratz. It aims to demonstrate that small amounts of philanthropic capital, combined with business acumen, can result in thriving enterprises that serve vast numbers of the poor.[4] Over the years, Acumen has invested $154.4 million in 167 companies and has had a successful track record in sourcing and executing investment opportunities in the clean energy, education, financial inclusion, health care and agriculture sectors.[5]
- ^ A Manifesto Archived 2015-03-17 at the Wayback Machine. Acumen. Retrieved on 2018-03-10.
- ^ "Acumen | Regions (Investments) -". Acumen. Retrieved 2019-01-30.
- ^ Kristof, Nicholas (2009-12-23). "Opinion | A Most Meaningful Gift Idea". The New York Times. ISSN 0362-4331. Retrieved 2018-04-08.
- ^ Ibrahim, Al-Noor (September 9, 2009). "Acumen Fund: Measurement in Venture Philanthropy (A)" (PDF). Harvard Business School Case Study. N9-310-011. Archived from the original (PDF) on April 4, 2018. Retrieved April 3, 2018.
- ^ "24 Financial Ventures Changing the World Through Social Impact Investing". Causeartist. 2016-07-25. Retrieved 2018-04-08.