SJF Ventures III, LP Will Invest in Cleantech and Positive Impact Businesses Across the Country
WASHINGTON – The U.S. Small Business Administration today licensed the first nationally-focused Impact Investment Fund, SJF Ventures III, LP. The fund will make equity investments in cleantech and technology companies in communities nationwide as part of an impact investment initiative to invest up to $1.5 billion in high-growth small businesses.
“SJF Ventures III, LP is yet another important new ally in SBA’s commitment to foster small business growth and job creation in emerging sectors,” said Administrator Karen Mills. “They’re an experienced team that is well-positioned to drive more investment in high growth, positive impact companies. We will continue to grow this and other public-private partnerships by licensing more funds and putting more capital in the hands of small business owners to grow and create good jobs.”Read more... (613 words, estimated 2:27 mins reading time)