1. Launching and Growing an Impact Fund: Insights from Tanya Beja on the Awarepreneurs Podcast 2. Impact Investing Uncovered: Tanya Beja Shares Fund Launching and Growth Strategies with Paul Zelizer 3. Building an Impact Fund: Tanya Beja Reveals Key Steps for Success on Awarepreneurs 4. From Passion to Profit: Tanya Beja Explores Impact Fund Launching and Expansion on the Awarepreneurs Podcast 5. How to Launch an Impact Fund: Tanya Beja's Expertise Shared on the Awarepreneurs Podcast 6. Impact Investing Made Simple: Tanya Beja Breaks Down Fund Launch and Growth on Awarepreneurs 7. The Power of Impact Funds: Tanya Beja Discusses Launching and Scaling on Awarepreneurs 8. Tanya Beja's Journey in Impact Investing: Insights on Launching and Expanding Funds on the Awarepreneurs Podcast 9. Unleashing the Potential of Impact Funds: Tanya Beja's Key Strategies Revealed on the Awarepreneurs Podcast 10. Driving Social Change Through Funds: Tanya Beja Shares Tips for Launching and Growing on Awarepreneurs

Paul Zelizer, Bogota, Medellin, Colombia, social change careers, collaboration, impact space, impact investing, funding, socially-minded entrepreneurs, diverse founders, underserved populations, women founders, women of color founders, social impact, financial returns, low-income Americans, AllyCorp, technological disruption, mission-aligned, impact funds, high net worth individuals, institutions, profits, venture capital firm, tech, healthcare, robotics, poverty, social change, business, software.

I. Introduction to Tanya Beja and Alicorp - Tanya Beja's background and passion for poverty alleviation - Alicorp's focus on transformative companies and social impact II. The Purpose and Benefits of Impact Funds - Definition of impact funds and their goal of creating positive social change - Reasons to start or be part of an impact fund - Increasing interest from traditional VCs in underserved communities III. Alicorp's Approach to Impact Investing - Overview of the social impact vertical at Alicorp - Examples of investments in companies addressing low-income challenges - Launching Impact Engine to support tech-enabled nonprofits IV. The Role of Capital and Value-Added Support - Importance of capital deployment and value-added support after investment - Areas where Alicorp adds value, including fundraising, networking, and strategic expertise V. Tracking and Measuring Success - Monitoring growth, revenue, burn rate, and social impact KPIs - Tailoring metrics based on specific investment opportunities - Success measured by financial returns and social impact VI. Collaborative Opportunities and Future Plans - Invitation to early-stage founders working on low-income issues to collaborate with Alicorp - Exploring food distribution and incubation opportunities - Growing Impact Engine and expanding incubation programs VII. Impact Investing and Financial Returns - The potential for impact and financial returns to align and reinforce each other - Balancing return-seeking investments and philanthropic funding for strong impact - The importance of flexible capital in addressing specific problems VIII. Nonprofits and Business Management - The strength of nonprofits that are run like businesses - The positive returns Alicorp's impact vertical has seen from investments IX. Conclusion and Summary - Recap of Alicorp's approach and impact vertical investments - Emphasis on the measurement of both financial returns and social impact - Encouragement for listeners to suggest future podcast topics on the Awarepreneurs website

Tanya Beja grew up witnessing poverty in Mexico City, which ignited her passion to find the most effective solutions to alleviate it. This led her to pursue a degree in public policy and later transitioned into the realm of businesses as a catalyst for social change. Throughout her career, she has been actively involved in impact investing, starting at Ignium, one of the leading impact investing funds. Tanya then shifted her focus to supporting non-profit organizations at the Robinhood Foundation, which is renowned for its philanthropic funding of numerous social services in New York City. With her extensive experience in both the for-profit and non-profit sectors, Tanya Beja continues to embody her dedication to alleviating poverty and making a positive impact in society.

Welcome back to Awarepreneurs, the podcast where we explore how to create positive social change through business. I'm your host, Paul Zelizer, and in today's episode, we have a very special guest joining us. Tanya Beja, a senior leader at Alicorp, will be sharing her expertise on how to launch and grow an impact fund. But before we dive into the interview, let me tell you a little bit about how this episode came about. During a recent trip to Colombia, where my brother and sister-in-law have a podcast about social change careers, I had the pleasure of meeting Tanya. She sparked a conversation about the significant growth we've seen in the impact space and the conversations surrounding impact investing in recent years. Tanya has been deeply involved in impact investing since 2010 and has witnessed the increase in funding for socially-minded entrepreneurs. However, she highlights the issue of capital still being concentrated in certain demographics, urging the need to fund diverse founders who can address underserved populations. Shockingly, research shows that less than 2% of capital goes to women founders and less than 1% to women of color founders. But Tanya believes that social impact and financial returns can be mutually reinforcing, and diversity within teams tends to lead to better performance. She invites early-stage founders focused on addressing issues faced by low-income Americans to reach out for potential collaboration with AllyCorp. During our conversation, Tanya dives into the definition of impact and why she believes there is an opportunity for impact and financial returns to come together. We also explore the funding landscape for impact funds, the role of investors, and how Alicorp supports social impact ventures. So, if you're curious about launching and growing an impact fund or simply want to learn more about the interconnectedness of social impact and business, this episode is for you. Stay tuned for my conversation with Tanya Beja, and don't forget to visit our website to suggest topics for future episodes. Let's dive in!

01:45 Growing up in poverty inspired me.

03:49 Consult with New Mexico Angels, investing in NM, social impact oriented. Learning about investing, diverse state.

08:34 Supporting impact ventures for low-income demographics.

11:13 Big picture mission, criteria, good fundamentals, experienced founders, large TAM, meaningful impact, specific KPIs

15:24 Funding comes from individuals, institutions, grants, and government investments. Long-term sustainability is ensured through returns on investments or profit sharing.

18:41 Impact investing aligns with traditional VC funds.

21:49 Homeboy Industries: social enterprise run with efficiency.

26:20 Tracking and analyzing information, pipeline, growth, fundraising.

30:09 Capital, support, relationship, add value, operators, portfolio, concentrated.

31:25 Fundraising, relationships, introductions, network, partnerships, strategy, growth.

34:43 "Innovating for social impact through tech collaboration."

40:19 Pandemic drives reckoning, change, and capital concentration.

41:37 Few women, especially women of color, receive capital.

45:07 Transparency in stories, send fitting ideas. Grateful and impactful in tough times.

The Intersection of Impact and Finances: "I think there's an incredible opportunity for impact and strong financial returns to come together for several reasons." — Tanya Beja 00:09:10 00:09:16

Investment Criteria: "We specifically, for example, look for good business fundamentals with a model that works at scale and is sustainable. We look for experienced founders that know the problem, know the system, know the breaking points, Know the financial incentives, etcetera. We look for a large TAM, a total addressable market with an opportunity to become a very large company. And we, of course, especially look for impact that meaningfully improves the lives of 80% of Americans who are low and moderate income." — Tanya Beja 00:11:30 00:12:00

Traditional VCs Showing Interest in Impact Investing: "Over the 9 investments, I would tell you that 8, we are investing alongside traditional VC funds that that are not necessarily labeled or don't necessarily think of themselves as impact funds, But see the the the incredible opportunity that it is to invest in underserved Families and and in neglected industries and tackling really, in really systemic problems that need to be solved, but haven't yet been solved." — Tanya Beja 00:18:56 00:19:26

The Importance of Flexible Capital in Impact Investing: "And so having those sort of, 2 pockets, if you will, 1 seeking good healthy returns, And 1, making potentially concessionary investments or grants, which we have done, is actually really, really important because I think that the field in general lacks flexible capital." — Tanya Beja 00:20:53 00:21:15

Investment Tracking and Evaluation: "When it comes to pipeline, we track and use it using different softwares, whether it's affinity or Adio, we log into a system everything we're seeing, and that helps us, you know, get organized and figure out who we're talking to, when we should be pinging folks that we're tracking, and interested in having a follow-up conversation with etcetera." — Tanya Beja 00:26:41 00:26:53

The Importance of Long-Term Relationships in Venture Capital: "But it's the, fall on support and the portfolio support after the capital is deployed. That's the most important... It's the funds opportunity to really add value to the business. And so I think, you know, by and large, Aligorp's team is composed of operators... We've operated businesses before, and we think that that's critically important to add value to our portfolio. Because once you've been there, you know, the kind of questions you ask and are different than if you are just an investor And approaching a business sort of from a more academic perspective." — Tanya Beja 00:30:53 00:31:04

Fundraising: "One is fundraising. I think every company that's doing well needs to be continuously mindful about fundraising. And so I think building good relationships with our fellow investors and and being able to make introductions and direct our companies The funds that are a good fit for them for their next stage is is really, really important."
Network Connections: "The 2nd area where where we we end up, you know, rolling our sleeves quite a bit is on the network piece, on Making introductions to our portfolio companies that can really dramatically accelerate growth. And those are typically partnerships potential clients or potential new business, to to the venture."
Strategy Support: "And then the third1 is kind of like the other bucket, Which which is like revolves around, like, strategy, honestly, and helping our founders navigate Specific questions or specific or any issues they are they are going through, and really lending sort of our our our strategic expertise and then track record in the specific industry that they're building around, to help sort of, Yeah. Ease ease, the path to growth."
Fundraising and Network Connections: "One is fundraising...building good relationships with our fellow investors...and being able to make introductions...really important...making introductions to our portfolio companies that can really dramatically accelerate growth."
Fundraising and Strategy Support: "I think every company that's doing well needs to be continuously mindful about fundraising...helping our founders navigate specific questions or issues...lending our strategic expertise and track record...to help ease the path to growth."
Network Connections and Strategy Support: "Making introductions to our portfolio companies that can really dramatically accelerate growth...helping our founders navigate specific questions or any issues they are going through...lending our strategic expertise and track record...to help ease the path to growth."
Overall: "Fundraising, network connections, and strategy support are key areas of focus for us. Building good relationships with investors, making introductions to accelerate growth, and helping founders navigate questions and issues are all important for the success and growth of our portfolio companies." — Tanya Beja 00:31:25 00:32:42

The Future of Social Impact: "But we're constantly ideating and thinking, you know, Where will the world be in 10 years? And based off of those trends, we ask ourselves what kind of businesses need to exist." — Tanya Beja 00:34:43 00:34:53

The Rise of Socially Minded Entrepreneurs: "Seeing really incredibly Socially minded entrepreneurs, being funded by traditional VC Funds that don't necessarily label themselves as impact, but recognize that that, that it's an that's that's Important to invest in these kind of businesses, and these kind of businesses can be big and can be large." — Tanya Beja 00:39:14 00:39:37

The Future of Entrepreneurship: "The pandemic has brought about a real reckoning to folks in terms of what they wanna do with their lives. And I think we've seen increasingly really, really talented folks building stuff that is meaningful and can really Change the world for the better, and I think capital will, by and large, follow these these Entrepreneurs or at least that's my hope." — Tanya Beja 00:40:28 00:40:46

(Background uplifting music) Entrepreneurship meets social impact. In our latest episode of Awarepreneurs, we sat down with the incredible Tanya Beja, a senior leader at Alicorp, to discuss launching and growing an impact fund. Tanya shared her journey, investing in ventures that address the hardships faced by low-income and underserved families. She believes in the power of social impact and financial returns working hand in hand. At Alicorp, they're making a difference, investing in game-changing companies like Up Wage, using AI to help low-income Americans secure better jobs. But it's not just about capital. Alicorp provides support, expert advice, and value-added resources to fuel growth and success. They're incubating and expanding their Impact Engine to further empower tech-enabled nonprofits. With nine investments and counting, Alicorp is showing that social good and profitability can go hand in hand. So, if you're an entrepreneur focused on addressing social challenges or an investor looking for a meaningful return on your capital, Alicorp is the ally you've been searching for. Join us on Awarepreneurs, where we explore the intersection of success and making a positive impact. And remember, together, we can change the world. (Background uplifting music fades out)

🎙️ Exciting News! I recently had the opportunity to connect with Tanya Beja, a senior leader at Alicorp, on my Awarepreneurs podcast. We delved into the world of impact investing and discussed how to launch and grow an impact fund. Here are three key takeaways from our conversation: 1️⃣ Diverse Founders and Underserved Populations: Tanya emphasized the need to fund diverse founders who can address the needs of underserved populations. Research shows that less than 2% of capital goes to women founders and less than 1% to women of color founders. It's crucial to support ventures that build for the low-income demographic and prioritize inclusive entrepreneurship. 2️⃣ Finding the Intersection of Impact and Financial Returns: Tanya believes that social impact and financial returns can go hand in hand. Funding for social solutions is often overlooked, leaving ample room for technological disruption. Entrepreneurs in the impact space are mission-aligned and experienced in the problems they aim to solve. By investing in impact funds, you can support positive change while seeking financial returns. 3️⃣ The Value of an Impact Fund: Impact funds play a vital role in creating positive social change through business. Alicorp's impact vertical, led by Tanya, invests in early-stage ventures focused on addressing the hardships faced by low-income and underserved families. Beyond capital, impact funds also provide support, network building, and strategic expertise to nurture the growth of impactful ventures. Thank you, Tanya Beja, for sharing your insights and experiences in impact investing! 🙏 To listen to the full episode and explore other thought-provoking content, visit the Awarepreneurs website. And don't forget to leave suggestions for future episodes! 🎧 #Awarepreneurs #ImpactInvesting #SocialChange #Entrepreneurship

Subject: Launching and Growing an Impact Fund: Insights from Tanya Beja Hello Awarepreneurs community, We hope this email finds you well and inspired to create positive change in the world. In our latest episode of the Awarepreneurs podcast, we had the privilege of hosting Tanya Beja, a senior leader at Alicorp who leads their social impact team. Tanya shared valuable insights on how to launch and grow an impact fund, shedding light on the power of investing in socially-minded entrepreneurs. During the episode, Tanya highlighted the growth and increased conversations surrounding impact investing in recent years. She emphasized the need to fund diverse founders who can address the challenges faced by underserved populations. With research showing that women and women of color founders receive a disproportionately small share of funding, Tanya's message resonates as a call to action for equality and inclusivity in the startup ecosystem. Tanya also spoke about the bridge between social impact and financial returns, noting that diverse teams tend to perform better. She extended an invitation to early-stage founders focusing on addressing issues faced by low-income Americans to explore potential collaboration with AllyCorp, their evergreen fund that reinvests profits back into new impact-focused ventures. In addition to sharing her expertise, Tanya defined impact as supporting ventures that build for the low-income demographic. She discussed the opportunities for impact and financial returns to converge in the space, highlighting the potential for technological disruption and the importance of mission-aligned entrepreneurs experienced in the problems they aim to solve. We would like to express our gratitude to Tanya for sharing her knowledge and insights with us. It is through conversations like these that we can continue to learn, grow, and make a difference together. We also want to remind you that we welcome your suggestions for future podcast episodes. If there's a topic or guest you'd like us to explore, please visit our website and let us know. Your input is invaluable in shaping the content we produce. Thank you for being a part of the Awarepreneurs community and for your dedication to creating a positive impact in the world. We look forward to continuing this journey together. Warm regards, The Awarepreneurs Team

🌟THREAD ALERT🌟 🎙️ Join me as we dive into the world of impact investing and creating positive social change through business! Today, I had the pleasure of speaking with Tanya Beja, a senior leader at Alicorp. Let's jump right in, shall we? #ImpactInvesting #SocialChange 1/ 👋 Meet Tanya Beja, a passionate advocate for finding efficient ways to alleviate poverty. With a background in impact investing, Tanya is leading Alicorp's social impact vertical, focusing on ventures that address the hardships faced by low-income and underserved families. 2/ So, what exactly is impact investing? As Tanya explains, it's about using money as a force for good. Impact funds invest in for-profit and nonprofit ventures that create positive social change. It's a way to blend financial returns with making the world a better place. #ImpactInvesting 3/ Tanya emphasizes the importance of diverse founders and their ability to address underserved populations. Unfortunately, less than 2% of funding goes to women founders, and less than 1% to women of color founders. We need to change that and fund diverse ventures that drive impact. 4/ In the world of impact investing, social impact and financial returns can go hand in hand. Tanya points out that diverse teams tend to perform better, making the case for investing in ventures that prioritize both impact and profitability. It's a win-win situation! 💼🌍💰 5/ Tanya invites early-stage founders focused on addressing issues faced by low-income Americans to reach out for potential collaboration with AllyCorp. They're eager to support ventures that build for the low-income demographic and make a real difference. #CollaborationOpportunity 6/ Paul Zelizer, our amazing host, expresses his gratitude to Tanya for sharing her expertise. He encourages listeners to suggest future topics for Awarepreneurs, an incredible platform for impact-driven conversations. Let's keep the dialogue going and create more positive change! 💡💪 7/ Throughout our chat, Tanya shares how Alicorp has made investments in transformative companies like Up Wage, using AI to help low-income Americans secure better paying jobs. They're making waves in the impact space, proving that social change and profitability can go hand in hand. 8/ At Alicorp, it's not just about investing capital. They believe in adding value beyond the initial funding. From fundraising support to strategic expertise and network building, they're committed to seeing ventures succeed and make a lasting impact. 💼🙌 9/ Tanya also reveals exciting plans for the future. Alicorp is exploring incubation opportunities, like focusing on food distribution from grocery stores to food-insecure individuals. They're also expanding their Impact Engine to support tech-enabled nonprofits. Big things ahead! 🚀🌱 10/ While it takes time for impact ventures to grow and have an exit, the success stories are already emerging. Alicorp's impact vertical is seeing positive returns from their investments, proving that impact and financial returns can indeed reinforce one another. 💸🌍 11/ In conclusion, impact investing is a powerful way to create positive social change through business. It's about funding ventures that prioritize impact, addressing underserved populations, and making a difference in people's lives. Together, we can build a better future! 🤝✨ 👇 Drop your thoughts in the comments and let's keep the conversation on impact investing going! Remember to check out the amazing work of Alicorp and suggest future topics for Awarepreneurs. Together, we can shape a more equitable and impactful world! 💚💼 #Awarepreneurs

1. How has the impact investing landscape evolved in recent years, and what are some of the major trends or developments that Tanya Beja has observed? 2. Tanya Beja mentioned the need to fund diverse founders who can address underserved populations. Why is it important to prioritize diverse voices in the impact investing space, and what strategies can be implemented to achieve greater diversity? 3. Tanya Beja emphasized the potential for social impact and financial returns to be mutually reinforcing. Can you provide examples or case studies that demonstrate this concept? 4. Tanya Beja invited early-stage founders focused on addressing issues faced by low-income Americans to reach out for potential collaboration with AllyCorp. How can entrepreneurs effectively position themselves when seeking impact investment opportunities? 5. Tanya Beja mentioned the challenges of funding social solutions and the potential for technological disruption in this space. How can technology play a role in advancing social impact and increasing access to funding for underrepresented communities? 6. Tanya Beja discussed the importance of tracking financial and social impact metrics when evaluating potential investments. What are some key metrics or indicators that impact investors should consider, and how can they be effectively measured? 7. Tanya Beja highlighted the role of Alicorp's impact vertical in supporting early-stage ventures that address the hardships faced by low-income and underserved families. Can you provide examples of these ventures and their impact on the communities they serve? 8. Tanya Beja mentioned Alicorp's collaboration with traditional VC funds in some of their investments. Why is it important to work in partnership with other investors in the impact space, and what are the potential benefits and challenges of such partnerships? 9. Tanya Beja discussed the concept of flexible capital in impact investing. What does this mean, and why is it important to have flexibility in funding approaches when addressing social issues? 10. Tanya Beja emphasized the need for nonprofits to be run like businesses for greater sustainability and impact. Can you provide examples of successful nonprofits that have adopted a business-like approach and have achieved meaningful social change?

Post 1: 🎧 New Podcast Alert 🎧 Join us on @awarepreneurs as host Paul Zelizer sits down with Tanya Beja to discuss launching and growing impact funds. Learn how social impact and financial returns can go hand in hand! Tune in now on Awarepreneurs. #AwarepreneursPodcast Post 2: 🤝 Collaborative Connections 🤝 In the latest episode of @awarepreneurs, Tanya Beja is encouraged to connect with Paul's brother and sister-in-law to explore potential collaborations in the world of social change careers. Stay tuned for exciting updates! #CollaborationNation Post 3: 📈 Impact Investing on the Rise 📈 Discover the growth of impact investing and its potential to drive social change on this episode of @awarepreneurs. Tanya Beja shares her insights and experiences in funding ventures that make a difference. Listen now! #ImpactInvesting Post 4: 🔍 Funding the Underserved 🔍 Tanya Beja emphasizes the need for diverse founders to have access to capital in order to address the challenges faced by underserved populations. Find out how AllyCorp is supporting early-stage ventures towards this goal on @awarepreneurs. #UnderservedCommunities Post 5: 🌍 Unlocking the Power of Impact 🌍 In this inspiring episode of @awarepreneurs, Tanya Beja discusses the importance of investing in ventures that build for the low-income demographic. Tune in to learn how impact and financial returns can create positive social change! #PowerofImpact