Our Work

Lumina Impact Ventures

Scaling proven solutions that target equity and attainment

For Lumina, social investing is about acceleration – investing in the critical interventions necessary to reach Goal 2025. We believe social investing can be a mechanism that will bring others – both their money and their talent – in pursuit of Goal 2025.

InnoCentive Challenges Impact Ventures announcement

Latest InnoCentive challenge
APPLY AT INNOCENTIVE.COM

LIFT PRIZE 2017
Innovation in Postsecondary Learning

Award: $50,000
Deadline for application: April 2, 2017

Apply at InnoCentive.com


Why Lumina Impact Ventures?

Because of the time-limited nature of Goal 2025, we have just 8 years to reach the goal. If our current pace continues unchanged, we're projected to fall short of the targeted number of Americans with credentials by 10.9 million. The urgency of this situation calls for more innovation in our philanthropic approach. Impact Ventures is Lumina's newest tool to leverage additional resources and accelerate impact. 

What can we expect from Lumina Impact Ventures?

The role of Lumina Impact Ventures (LIV) is to identify promising solutions that improve attainment for traditionally underrepresented populations and turn those solutions into scalable and investable opportunities to accelerate progress toward Goal 2025.

Over time the social investment portfolio will achieve the following objectives:

  1. Drive a social return that contributes significantly toward Goal 2025;
  2. Deliver a financial return of 0-4% for the entire portfolio of social investments; 
  3. Catalyze other investors and capital in support of Goal 2025;
  4. Build an ecosystem that is able to deliver the 21st century postsecondary learning system; and
  5. Drive a learning return to inform our grant making.

Learn about our early investments

  • Credly—a technology platform for verifying, sharing and managing digital badges and credentials that empowers the recognition of lifelong achievement;
  • BridgeEdU—the provider of intervention services to improve retention and college completion targeting the highest-risk first-year college students;
  • Viridis Learning— a technology platform of guided career pathways building students’ Skills Passports that help match with employer hiring needs; and
  • New Profit—a leading accelerator with a long history and proven record of scaling high-impact nonprofit organizations.
  • Citvas Learning—an education data science company that provides insights and tools to optimize student learning, retention, and completion.


Apply for investment capital

See if your organization or company qualifies and apply today.

 

Meet Lumina's Impact Ventures Team
2017-02-06-team330
LIV Partner News
LATEST GRANTS
By Strategy: Lumina Impact Ventures