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Trends In Social Enterprise And Impact Investing In 2020

Here are six trends of note that occurred in the world of impact entrepreneurship and investing during 2020.

Social Entrepreneurs Rise to the Occasion

Impact enterprises targeting low-income and underserved communities—people most severely hurt by the pandemic—found themselves uniquely positioned to help those populations cope.

Case in point: fintech startup Propel. Its Fresh EBT app/platform helps beneficiaries check their food stamps balances using their electronic benefits transfer (EBT) card, get grocery discounts and find jobs. In mid-March, it teamed up with nonprofit GiveDirectly to pilot a program sending payments of up to $1,000 to households receiving Supplemental Nutrition Assistance Program (SNAP) benefits.

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