Encourage Capital - One State Investment Partners Fund - Gates Family Foundation
Project Description

One State Investment Partners Fund was created by Encourage Capital to present a novel way for cities, businesses, and farmers to share scarce water resources that avoids “buy and dry” and is not a “water arbitrage” transaction that creates a winner and loser. This first fund is focused on Pinal County, Arizona located in the Lower Colorado River Basin. Encourage Capital seeks to generate fully commercial rates of return for its investors while helping to solve critical environmental and social problems. A core commitment of Encourage Capital is preserving working farms in the western United States while reducing the strain these farms place on local and regional water supplies.

Amount $500,000
Year Awarded 2021
Support Type Mission-Related Investment
Strategic Priorities

Natural Resources > Water

Areas Served

* Statewide

Website http://encouragecapital.com/solutions-strategies/water/
Term 10 years