Blended Impact
Overview
Blended Impact is a Southern California-based venture development firm and innovation lab founded in 2019. It focuses on creating innovative strategies that unlock access to capital across different asset classes, while serving moderate and lower-income communities. Blended Impact operates primarily through public-private partnerships to reimagine investing, living, and earning. As a certified B Corporation, it is headquartered in Riverside, California, and known for its significant impact on economic development through integrated impact vehicles, including Blended Impact Inc and Blended Impact Labs.
Recent Developments
- June 2024: Blended Impact awarded $5,500 in prizes to university students in California as part of efforts to promote innovation and support educational initiatives.
- April 2024: The company partnered with a state-designated innovation hub, emphasizing its role in fostering technological and economic growth in the region.
- February 2024: Blended Impact launched the Technology and Asset Management Fellowship, aimed at expanding the talent pipeline in emerging regions, reflecting its commitment to workforce development.
- October 2023: The firm hosted a series of national innovation labs encouraging public-private partnerships to advance within urban settings.
- February 2023: Blended Impact hosted the Mayor of Queretaro, Mexico, showcasing its international collaborative efforts in promoting urban development and innovation.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Riverside, California |
| Founders | Information not specified |
| Revenue | <$5 million |
| Profits | Not publicly available |
| Key Investors | Not specified |
| Industry | Venture Development, Innovation |
| Number of Employees | <25 |
Early History
Blended Impact was founded in 2019 in Southern California as a venture development firm specializing in public-private partnerships. The company's mission from inception was focused on driving economic development through innovative investment strategies tailored to serve moderate and lower-income communities. Leveraging a collaborative model, Blended Impact quickly positioned itself as a leader in creating value across various asset classes. Key milestones in its early history included the establishment of Blended Impact Labs, a key innovation arm driving research and development initiatives tailored towards impactful societal benefits.
Company Profile and Achievements
Blended Impact operates as an innovation lab and venture development firm conducting business through a framework of public-private partnerships. The company’s main achievements include:
- Certified B Corporation: Attaining this status in October 2022 highlights its commitment to social and environmental impact.
- Public Partnerships: Engaging with municipal authorities to stimulate economic growth and technology enhancements.
- Educational Initiatives: Spearheading initiatives such as the Technology and Asset Management Fellowship to nurture new talent in developing-technologies sectors.
Current Operations and Market Position
Blended Impact currently plays a significant role in fostering innovation through its dual function as a venture development entity and innovation lab. It focuses on fostering public-private partnerships and engaging with municipalities to boost regional economic development. The organization's current activities ensure its influential presence in the market, especially in sectors needing economic inclusivity strategies such as fintech, cleantech, and consumer startups.
Conclusion
Blended Impact has positioned itself as a pivotal player in the venture development landscape, with its innovative strategies driving both economic growth and sustainable community development. Its commitment to fostering public-private partnerships places it at the forefront of unlocking capital and creating value within underrepresented communities. Moving forward, Blended Impact's strategic initiatives are expected to continue driving regional economic transformations, empowering the communities it serves with new opportunities and sustainable growth.