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Summary Blog: NESsT's Pledge to Invest $6M into Amazon Conservation

Summary Blog: NESsT's Pledge to Invest $6M into Amazon Conservation

At COP16, NESsT reinforced its ongoing commitment to improving access to funding for locally-led bioeconomy initiatives in the Amazon. This work, including its plans to invest $6 million in seed-stage financing through 2025 to support these efforts, was recently featured in Carbon Pulse.

Movimento Black Money receives investments from NESsT and Google

Movimento Black Money receives investments from NESsT and Google

Movimento Black Money (MBM) aims to transform the economic reality of the Black community in Brazil through entrepreneurship, education, and financial services. NESsT welcomed MBM into its portfolio to initially support Mercado Black Money, an online marketplace for Black-owned businesses, sustaining its growth with capital and business mentorship. Google for Startups announced Movimento Black Money as one of the 12 new Brazilian startups that will receive equity-free funding through its Black Founders Fund.

Maré de Sabores caters campaign to vaccinate 36,000 residents in Maré, a favela in Brazil

Maré de Sabores caters campaign to vaccinate 36,000 residents in Maré, a favela in Brazil

The #VacinaMaré campaign provided Covid-19 vaccines to more than 36,000 residents over 18 years of age in the favelas of Maré. During the vaccine drive, NESsT portfolio company Maré de Sabores provided food to 900+ health professionals and volunteers, including over 2,700 snacks and 1,200 meals.