Acumen Fund

Acumen Fund invests in Husk Power Systems to provide power to remote villages in India

March 2, 2010 -- Acumen Fund today announced a new investment in Husk Power Systems (HPS), an innovative rural electrification company that will establish decentralized power generation to remote villages in India. The company uses novel biomass gasification technology to convert abundant rice husks into combustible gases, which then drive a generator to produce electricity. Acumen Fund invested US$375,000 in HPS, adding to the US$18 million Acumen Fund has already invested in India since 2001. The new investment continues Acumen's commitment to investing in safe energy alternatives for the poor.

(more)

March 2, 2010
Acumen Fund Announces Investment in Husk Power Systems to Provide Decentralized Power Generation to Remote Villages in India

December 1, 2009
Acumen Fund Announces Ripple Effect Pilot Projects in Kenya to Identify Innovative Solutions to Water Challenges

November 5, 2009
Acumen Fund Announces Two Investments Providing Advanced Eye Care Services in India and Kenya

October 5, 2009
Acumen Fund Announces New Investments in Pakistan to Build Scalable Businesses that Serve the Poor

August 17, 2009
Acumen Fund announces the Fellows Class of 2010

May 27, 2009
Note from Margo Alexander: Acumen Fund in the Economist and new video from Acumen Fun Day

March 3, 2009
Announcing the launch of The Blue Sweater by Jacqueline Novogratz

February 10, 2009
Acumen Fund, Richard Allan, and Vestergaard Frandsen Launch Joint Venture to Develop Innovative Products to Combat Malaria

November 18, 2008
Acumen Fund Announces New Investments In Pakistan To Build Scalable Businesses That Serve The Poor

November 4, 2008
Acumen Fund Announces New Energy Portfolio Investments in Power and Lighting Solutions for Low-Income Households

June 27, 2008
Winners for Ernst & Young Metro New York Entrepreneur Of The Year 2008 Awards announced