NESsT announces today that it has joined the Sustainable Connections Institute (Conexsus), the Inter-American Development Bank (IDB), and the Green Climate Fund (GCF) in AmazonBeEco, an unprecedented four-year initiative to support the sociobioeconomy in the Pan-Amazon region.
As we kick off celebrations for Pride Month 2025, we’re revisiting the recent efforts of the NESsT Violet Fund that have helped drive our work to bring vital financial and technical support to enterprises that are advancing equality for the LGTBQIA+ community in Central & Eastern Europe.
NESsT announces Renata Truzzi has been named Chief Impact & Operations Officer. Truzzi – who joined the organization in 2012 – has served in multiple capacities within NESsT, most recently as Global Acceleration & Impact Director. Her background in impact investing, business development, marketing, and fundraising will further support NESsT’s organizational effectiveness and operational excellence.
We’re delighted to release the NESsT 2024 Annual Report, highlighting a year defined by far-reaching impact and transformative growth. For nearly three decades, NESsT has worked at the nexus of people, profit, and the planet. In 2024, we reached a milestone that speaks to this mission: since its founding, NESsT has positively impacted the lives of over 3.4 million people from communities around the world.
Sweden joins as a donor to NESsT’s long-standing South America acceleration program, enabling the program to increase the number of enterprises it supports and to expand its efforts in Colombia, Peru, and into Brazil.
NESsT has a portfolio of 50 enterprises based in the Amazon. Over the past five years, NESsT portfolio managers have worked closely with these enterprises to monitor, measure, and grow their impact. Recently, NESsT sought to develop more detailed methods to understand the culture and context of the data it collects, specifically for enterprises in the Amazon.
Associação Bebô Xirin do Bacajá (ABEX) is an Indigenous-led association that participated in the Amazon Indigenous Rights and Resources (AIRR) project launched in 2021 to support Indigenous populations to become more visible and active actors in the Amazon economy, in ways that conserve rainforest biodiversity and build environmental resiliency.
Diaspora.Black, a social enterprise in the tourism and events sector, joins the NESsT Racial Equity Initiative. With NESsT’s investment, Diaspora.Black will offer training and funding to local Afro-entrepreneurs, fostering a community dedicated to expanding tourist routes that bring more visibility to the history and culture of Afro-Brazilians.
Nicole Etchart, NESsT CEO and Co-Founder, spoke with journalist Valentina Llompart at the Diario Financiero. Article Summary: Founded over 26 years ago, Impact investor NESsT’s international trajectory has taken it to countries in Central and Eastern Europe and South America, including Chile – which was one of the first countries it invested in. NESsT has created significant impact in the region through investing in social enterprises that work on the ground with Chile’s marginalized communities.
NESsT and the Inter-American Development Bank (IDB) announce a new pilot program to support 15 enterprises in the Amazon Basin with financial capital and business mentoring resources. The program will launch as a 18-month pilot to test a new model of governance that will form an alliance with regional and national indigenous federations.
NESsT and IKEA Social Entrepreneurship visit Chile to reflect on support in the region and evaluate the accelerator’s impact so far. Together we witnessed firsthand the positive changes these social enterprises are making in their areas, and gained a more comprehensive understanding of the challenges they face.
85 million people in Latin America live with a disability, yet only 10-20% participate in the workforce. Four social enterprises in the NESsT - IKEA Social Entrepreneurship Accelerator are building inclusive workplaces across Latin America.
In Latin America, at least 430,000 tons of waste is produced daily, yet only two percent of total waste is recycled. Four social enterprises in the NESsT - IKEA Social Entrepreneurship Latin America Accelerator are reshaping unsustainable production and waste management patterns across Latin America. A circular economy model that reduces waste allows the region to preserve its biodiversity by offering opportunities to create regenerative value from its abundant natural resources.
