RENEW Strategies

RENEW Hosts Impact Investing Luncheon in Utah

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Emily Ziethen
| April 9, 2015

Last week, two of RENEW’s partners traveled to Salt Lake City, Utah to meet with local business and community leaders. While visiting, the RENEW team hosted a luncheon to discuss impact investing, angel investing and the U.S. government’s policies and viewpoints on Africa’s private sector.

The luncheon opened with a
greeting from Matt Davis, founder and CEO of RENEW, after which he introduced the event’s honored guest, Devin Thorpe. Devin is an author and advisor based in Utah who focuses on helping individuals who are “doing good” in the world. He calls himself a "champion of social good”, and as a Forbes contributor, he covers stories regarding social entrepreneurship and impact investing. During the luncheon, Devin shared his own personal viewpoint on impact investing and how it relates to Utah.

For Devin, it’s an exciting and dynamic space to be in because “people with old investment strategies are joining the impact investing movement, and new money is actually coming in to the field.” This space now not only includes the individual investor, but family offices, foundations and institutional investors as well.

Matt closed the event by challenging the group to think differently about Africa, as it has moved beyond the image that many of us typically think of when hearing the word, and by speaking about the power of business to achieve a greater good. Overall, it was an encouraging and exciting event - one that has inspired RENEW to pursue launching a new chapter of the Impact Angel Network in Salt Lake City.

Matt remarked, “As a Ute, I believe Utah should be a leader in the impact investment space because, 1) we understand ethical capitalism, 2) we are global, and 3) we are entrepreneurial.” RENEW feels that our nation needs more Utah leaders like Jim Sorenson, renowned entrepreneur and founder of the James Lee Sorenson Global Impact Investing Center (SGII), to venture across the world and bring the concept of U.S. businesses to countries like Ethiopia.

If you are interested in learning more about RENEW or starting your own chapter of the Impact Angel Network, please contact us at renew@renewstrategies.com to find out more.