Titan Group announces its partnership with Investing For Purpose (IFP), a Greek initiative that promotes impact investing by matching investors willing to invest long-term capital with start-ups and companies that create positive impact returns for society and the environment.
By joining Investing For Purpose, Titan gains access to a large and diverse pool of Greek purpose-driven companies seeking funding and can select the ones it wishes to invest in, focussing on the ones relevant to its core business and taking into consideration the priorities of its sustainability strategy, financial criteria, as well as the purposes of IFP’s pipeline companies.
The partnership with IFP, which focusses on thematic areas such as environment, circular economy, education, diversity and inclusion and more, showcases Titan’s dedication to supporting initiatives with a positive environmental and social footprint. As part of the partnership, Titan will also provide the selected companies with mentorship, supporting them to grow and multiply their impact.
Titan will invest up to EUR40m in the medium term, supporting the scale-up of innovative startups and funds and bolstering its growth strategy. As part of said initiative, Titan has already invested in six startups and two venture capital funds, forging partnerships that address challenges of the building materials industry and promote sustainable construction.
