The term residual income (also known as passive or recurring income) is commonly used to refer to income that continues to be earned even after the work is done.

We Also Recommend

Climate Impact Capital Portfolio Company Wins Phase 1 of Department of Energy Prize totally $10M to accelerate community microgrids

Climate Impact Capital Portfolio Company Wins Phase 1 of Department of Energy Prize totally $10M to accelerate community microgrids Climate Impact Capital spun out Climate Impact Capital Energy Holdings, LLC (CIC Energy) in 2021 to address significant gaps in U.S. energy workforce and critical infrastructure development. CIC Energy serves two segments by addressing the I. demand ...

Read Article

2020 Impact Investing Insights

2010s was about me and you; 2020s will be about us. Combating and adapting to climate change is a lofty goal and though the global track record on positive impact is all over the map (literally), we see collaboration as the key to meaningful progress. Recognizing that proactive organizations will survive and thrive, many of you ...

Read Article

Ex-Shell Venture Exec Rozenfeld Founds Firm For Energy Innovation

Houston—The energy industry is still reeling from low oil prices but Alexander Rozenfeld is placing a bet that this is the right time to back innovative ideas in the sector. Rozenfeld left his position as president of Shell Technology Venture to form his own venture firm, Climate Impact Capital. The past several years have not been ...

Read Article