Beyond Capital Fund Announces Portfolio Additions, Website Launch

 
LOS ANGELES - March 3, 2014 - PRLog -- CONTACT: Eva Helene Foust Yazhari, CEO

COMPANY NAME: Beyond Capital Fund

VOICE PHONE NUMBER: +1-310-598-7362

EMAIL ADDRESS: Press@BeyondCapitalFund.org

WEBSITE URL: http://www.beyondcapitalfund.org/

LOS ANGELES, CA, March 3, 2014 – Beyond Capital Fund (“BCF”) is proud to announce that BCF has made capital investments in two additional social enterprises, Frontier Markets and ERC Eye Care Centre. Additionally BCF supported its existing portfolio companies with mentoring resources.

Frontier Markets (“FM”) plays a key role in bringing renewable energy products to peri-urban and rural bottom-of-the-pyramid households in India. As a result of this access, children can study at night, shops stay open longer and agricultural tasks are shortened, leading to increased farmer productivity and revenues.

FM has developed direct relationships with consumers, becoming their source for information and products. The company's business model identifies innovative products and vets them with target consumers. In many cases, FM is the only point of sale in villages, distributing products and building demand on the ground. FM also localizes the human capital chain; identifying village based staff, and training them as relationship managers on the ground.

In late 2013, BCF co-invested in FM's bridge financing round, and contributed pro bono legal support for the transaction in additon to ongoing mentoring for the company.

ERC EyeCare Centre (“ERC”) offers affordable, quality eye care in Assam, in NE India, via a hub & spoke model through vision centers, satellite clinics and a hub hospital. Understanding that 80% of blindness in India is avoidable and 20.5% of people in Assam experience extreme difficulty in seeing near and far, ERC has identified a market where the potential for social impact and financial sustainability go hand in hand.

By providing accessible (location and pricing) and quality eye care, ERC improves the lives of people who would not normally have this access. ERC provides consultations, diagnostic tests, pharmaceutical products, optical products, and surgical services to its patients. 80% of ERC's patients live at the bottom of the global economic pyramid, earning less than $1 per day, while the remainder take home between $2 and $5 per day.

Beyond Capital Fund co-invested in ERC's seed round along with several experienced Indian investor partners.

“Through our two most recent investments, Frontier Markets and ERC Eye Care Centres, we continue to fulfill our mission of supporting the most legitimate and viable social enterprises globally and have expanded our portfolio’s social impact immensely.” Said Eva Yazhari, BCF Chief Executive Officer.

BCF recently launched its updated website (BeyondCapitalFund.org), showcasing its fresh face as BCF enters its fifth year in operation. BCF continues to perform strongly in all areas of its operations including deal flow, social enterprise mentoring, and the strength of the BCF team.

ABOUT: Beyond Capital Fund

Beyond Capital Fund (“BCF”) is an impact investment fund that promotes economic development in impoverished communities through our seed capital investments. Our focus is in the water, waste and sanitation, healthcare and energy sectors in India and East Africa. We are registered as a public charity. By addressing the lack of seed capital for social businesses, we specialize in providing early-stage financial investment along with management assistance, mentoring and expert advisory services. With our rigorous investment process, our aim is to achieve sustainability and scaled social impact for businesses that operate for the advancement of the population at the base of the economic pyramid.

For more information, contact Eva Helene Foust Yazhari, CEO, via telephone: +1-310-598-7362 or Email: Press@BeyondCapitalFund.org

-- END --

Contact
Eva Helene Foust Yazhari, CEO
***@beyondcapitalfund.org
+1-310-598-7362
End
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Email:***@beyondcapitalfund.org
Tags:Beyond Capital Fund, Capital Investment, Impact Investing, Social Enterprise, Seed Capital
Industry:Financial, Non-profit
Location:Los Angeles - California - United States
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Page Updated Last on: Mar 04, 2014
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