What does the Acumen Fund do?

What does the Acumen Fund do?

We invest in early-stage companies whose products and services enable the poor to transform their lives. We also support our companies with the tools, networks, technical assistance and strategic guidance needed to succeed and scale into long-term solutions to poverty.

Is acumen an NGO?

Acumen (formerly known as Acumen Fund) is a nonprofit impact investment fund with over 15 years’ experience in investing in social enterprises that serve low-income individuals in United States.

What is investment acumen?

a the act of investing effort, resources, etc. b the amount invested.

How is the Acumen Fund funded?

Next, Acumen funded its capacity-building projects through a pool of grant capital. Portfolio companies applied for support to receive grants up to USD 50,000 each. The companies were required to cover a minimum of 20% of the direct costs of support and to manage implementation of the projects.

How much is acumen worth?

Acumen’s total assets were $153 million as of December 31, 2020. Acumen’s assets are split primarily between Operating Assets ($71.6 million) and Portfolio Assets ($81.4 million).

Who is the founder of Acumen?

Jacqueline NovogratzAcumen / Founder

Where does acumen come from?

Our English word retains the spelling and figurative meaning of its direct Latin ancestor, a term that literally means “sharp point.” Latin acūmen traces to the verb acuere, which means “to sharpen” and is related to acus, the Latin word for “needle.” In its earliest English uses, acumen referred specifically to a …

What is the synonym of acumen?

Some common synonyms of acumen are discernment, discrimination, insight, penetration, and perception. While all these words mean “a power to see what is not evident to the average mind,” acumen implies characteristic penetration combined with keen practical judgment.

What is acumen Academy?

Acumen Academy serves a community of social innovators and builders who are willing to embrace the challenge of solving the world’s toughest problems and provides the practical tools, practices and resources needed to create new solutions for an interdependent world.

Who is the CEO of Acumen?

Barry Graham
Barry Graham (“BG”) Porter is CEO of Accumen, a performance improvement firm serving hospital and health system clinical laboratories and imaging facilities. He is also an operating partner with Arsenal Capital Partners, a leading private equity firm specializing in healthcare and specialty industrials companies.

How do you use acumen?

Acumen sentence example

1. Capable lawyers with business acumen are valuable to any firm.
2. Had he possessed the financial acumen to go with his engineering brilliance, he would have made a fortune.
3. There was acumen displayed by our chairman.
4. He has the acumen to make sound business decisions.

What is an example of acumen?

Acumen definition The definition of acumen is the ability to quickly and accurately understand and deal with a situation or choice. A person with common sense is an example of someone with acumen.