NPX Achieves First Close With New Impact Security; Raises $800k For The Last Mile
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This post was originally produced for Forbes. You can download an audio podcast here or subscribe via iTunes or Google Play. Last December, I reported here that NPX, Inc., had developed a new concept for financing nonprofits called an “impact security.” In May, the nonprofit The Last Mile closed on $800,000 of financing using the new instrument.
NPX Achieves First Close With New Impact Security; Raises $800k For The Last Mile
NPX Achieves First Close With New Impact…
NPX Achieves First Close With New Impact Security; Raises $800k For The Last Mile
This post was originally produced for Forbes. You can download an audio podcast here or subscribe via iTunes or Google Play. Last December, I reported here that NPX, Inc., had developed a new concept for financing nonprofits called an “impact security.” In May, the nonprofit The Last Mile closed on $800,000 of financing using the new instrument.