Revenue-based financing and growth platform Choco Up has partnered with Dream Impact, Hong Kong’s largest network of social enterprises and impact ventures.
To support social enterprises and ventures across various impact themes, such as Diversity, Equity & Inclusion (DEI), Circular Economy, and Human-Centric Education, developed by Dream Impact in accordance with the United Nations’ 17 Sustainable Development Goals, Choco Up plans to provide up to $5 million in non-dilutive booster capital (SDGs).
The company is one of the first financial services providers in Asia to offer funding support for socially responsible businesses on a wide scale, while many other investors remain on the fence about financing impact ventures.