/PRNewswire/ The Data Economics Company (DECO) and Gordian Knot Strategies (GKS) announced the deployment of Enkrateia s Traro tool in support of the $2.2.
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When Sean Penrith, CEO of Gordian Knot Strategies, set out to apply for an NRCS Climate Innovation Grant (CIG), he didn’t realize just how challenging it would be. The project was to launch an innovative carbon impact investment fund, but the team was unprepared for the sheer amount of agency requirements that accompanied the application.
“The inclusion of [the Environmental Quality Incentives Program]… accounting of both direct and indirect costs, matching requirements, etc. were all very new to us,” Penrith admitted. At the time, there was no framework and accompanying benchmark and tools for innovative conservation efforts. Submitting such a competitive application was particularly intimidating. “I’d pitched to venture capitalists before,” said Penrith, “so I knew how to put a pitch deck together. But putting together an impact program was a rather daunting thing…because there were really no tools out there.”