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Managing Organization:
MercyCorps
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Activity Description:
The Phoenix Fund is a social entrepreneurship fund focused on creating economic opportunity and reducing global poverty. The fund makes seed capital grants administered by Mercy Corps field offices to implement innovative economic development pilot projects led by local entrepreneurs. Country Directors and their staff manage selected programs, sometimes in partnership with local organizations. The Fund offers strategic philanthropists a strong social return on donations by providing quantifiable results from projects, and by leveraging successful pilots to maximize impact and scale.
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