As we approach the end of the year, the Mission Driven Finance team is thrilled for how far we’ve come and where we’re going in 2023.
CARE, our real estate solution for child care providers, is now accepting interest forms from San Diego providers*! CARE is a new private REIT with an initial $100 million target. We are starting with four nodes: San Diego, CA; Clark County, NV; Southeast MI; and a national partner for micro-Montessori development. Members of the CARE San Diego team from Mission Driven Finance and Child Development Associates hosted webinars in Spanish and English for local providers.
To receive dedicated updates on CARE, be sure to sign up here.
- Mission Driven Finance has been recertified as a B Corporation. Our new B Impact Score of 110 is a 4% increase from our 2018 score. We’re proud of that continuous growth in impact across our governance, workers, community, environment, and customers. As Maya Angelou says, “When you know better, do better.”
- We originated eight new investments in the month we like to call “Closevember.” Meet some of them below—Mirka Investments, Hummingbird Wholesale, Nana Joes Granola, ElectricFish Energy Inc., Hago Energetics, Inc., and SolarKal.
- I am humbled to have been recently named a finalist for San Diego Business Journal’s Business Women of the Year and Startup San Diego’s Investor of the Year. These recognize the efforts of our whole team updating mental models of what a “good investment” looks like to better represent our whole community.
To that end, as we look ahead to 2023, we’re excited that several new fund strategies centering Indigenous, Black, Latine (tell me what term you prefer!), and other communities of color across the country will be coming online. Stay tuned for those updates.
Wishing you a happy and healthy 2023,
Co-founder & Chief Community Officer
*CARE San Diego is currently accepting interest forms from licensed family child care home providers who are willing to live and operate their child care in Spring Valley, Lemon Grove, La Mesa, and Encanto. Interest forms from licensed center child care providers will be accepted in 2023.