March 17, 2022
At a Glance
Deutsche Bank Americas Foundation makes US$1m debt investment in ETF@JFFLabs
Since our fund’s creation, the team at ETF@JFFLabs has been committed to supporting innovative efforts to build a more inclusive future of work.
Guided by this mindset, we’ve learned most recently that creating equitable economic recovery in the wake of recent catastrophes requires partnering with companies that share our commitment to supporting entrepreneurial leaders who share our vision and mission.
As one of 15 capital providers to Jobs for the Future’s ETF@JFFLabs impact fund, Deutsche Bank Americas Foundation, through its New Initiatives Fund program, has made a $1 million debt investment in the fund. The loan has a nine-year term at a low rate of interest. This news was featured in an article published on Deutsche Bank’s Flow channel, where ETF@JFFLabs and our portfolio company ChargerHelp! are featured.
Our efforts are designed to be responsive to the needs of our communities, support diversity and racial economic equity, and seek opportunities that positively affect low- and moderate-income individuals and households.Joanne Gan, Vice President in Deutsche Bank’s Community Development Finance Group, which manages the New Initiatives Fund program