What is the purpose of acumen?
Acumen Fund, a nonprofit impact investment fund, raises charitable donations to make equity investments in early-stage companies that provide a product or service to the poor.
Who funds acumen?
Grants. Bill and Melinda Gates Foundation: In November 2015, the Bill and Melinda Gates Foundation granted over $2 million to Acumen to invest in Ethiopia’s poultry market as a means to improve the lives of smallholder farmers.
Is acumen a NGO?
Acumen Fund is a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty.
How is Acumen Fund funded?
Acumen recognized non-cash revenue of $2.8 million, mostly in the form of donated legal services, primarily to support our investing work. We received $0.4 million in interest income from portfolio loans and recorded a provision of $4.0 million for portfolio investment losses.
How do you use acumen in a sentence?
Acumen sentence example
- Capable lawyers with business acumen are valuable to any firm.
- Had he possessed the financial acumen to go with his engineering brilliance, he would have made a fortune.
- There was acumen displayed by our chairman.
- He has the acumen to make sound business decisions.
What does business acumen refer to?
What Is Business Acumen? To some, business acumen means understanding certain business disciplines—finance and accounting, for example—or knowing the specific details of other functional areas in an organization—say, logistics or sales. But it also uses that information to effectively make business decisions.
How do you use acumen?
What is financial acumen?
Maintains and applies a broad understanding of financial management principles to ensure decisions are fiscally sound and responsible. Identifies cost effective approaches. Demonstrates broad understanding of financial management principles to direct organizational actions.
What is Acumen Software?
Acumen is a software solution designed for small, medium, and growing retailers. The integrated solution includes applications for point of Sale, stock management, customer management, ecommerce, and accounting.
What is an example of acumen?
The definition of acumen is the ability to quickly and accurately understand and deal with a situation or choice. A person with common sense is an example of someone with acumen. Keenness and quickness in understanding and dealing with a situation; shrewdness.
What are acumen words?
intuition, awareness, ingenuity, intelligence, sensitivity, insight, brilliance, wisdom, wit, shrewdness, judgment, intellect, vision, guile, acuity, perception, perspicacity, refinement, keenness, sharpness.
What is an example of business acumen?