LightCastle and Oxfam Launch Impact Investment Fund for Youth Entrepreneurs

LightCastle Analytics Wing
May 11, 2021
LightCastle and Oxfam Launch Impact Investment Fund for Youth Entrepreneurs

Impact investment is an investment strategy that aims to generate specific beneficial social or environmental effects in addition to financial gains. Impact investments may take the form of numerous asset classes and may result in many specific outcomes. The point of impact investing is to use money and investment capital for positive social & environmental results.

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LightCastle Partners is launching an equity-based impact investment fund with the support of Oxfam. This fund will be known as “LCP: Oxfam – Blended Capital.”  The purpose of this fund is to initially invest in 15 SME  entrepreneurs in Rajshahi and Khulna divisions in Bangladesh. Considering the environmental & social benefit factors, the funds will generate a sustainable return & develop the capacity of the entrepreneurs.

WRITTEN BY: LightCastle Analytics Wing

At LightCastle, we take a data-driven approach to create opportunities for growth and impact. We consult and collaborate with development partners, the public sector, and private organizations to promote inclusive economic growth that positively changes the lives of people at scale. Being a data-driven and transparent organization, we believe in democratizing knowledge and information among the stakeholders of the economy to drive inclusive growth.

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