Fondo de Impacto Social (FIS) has invested 15m into the Global Social Impact Fund II (GSIF Spain) GSIF Spain supports SME's contributing to the economic and social inclusion of vulnerable communities in Spain.
More than 60% of impact funds in Spain today are environmental or climate change-related funds.
FIS was also impressed with the fund's focus on mentoring start-ups.
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Tom’s, the social enterprise popular for its shoes, has released a pair of shoes and a pair of shades to benefit Make It Right, a nonprofit founded by Brad Pitt in 2007 that builds affordable, green homes, buildings and communities for underserved and low-income populations.