Why investors should mine for diamonds in their own backyards
Two new pieces of legislation are creating unique opportunities for investors to fund innovative projects in an unexpected place — their own backyard.
Jim Sorenson, founder of the Sorenson Impact Center here at the David Eccles School of Business, writes about these two new bills — the Investing in Opportunity Act (IIOA) and the Social Impact Partnership to Pay for Results Act (SIPPRA) — for The Hill, encouraging investors and philanthropists to seek out these “Opportunity Zones” in their communities.
