Wednesday, December 21, 2022
Educational Resources Impact Fund at Maycomb Capital closes flexible, mission-aligned loans to increase access to high-quality instructional materials - Yahoo!
This week at the Mission Investors Exchange National Conference, Maycomb Capital announced the first loans out of a new, flexible, mission-aligned debt vehicle called the Educational Resources Impact Fund (ERIF). ERIF is one of Maycomb Capital's Custom Strategies and supports nonprofit developers and providers of high-quality instructional materials and aligned supports, particularly those offered as open educational resources. The first two loans were made to Illustrative Mathematics and CenterPoint Education Solutions.
