2023 & 2024 Impact Report

Shorefast’s work demonstrates what is possible.

April 23, 2025

Across two decades, Shorefast has developed and tested initiatives on Fogo Island that, alongside our fishery, continue to prove it is possible for small places to thrive in the global economy.

By harnessing local knowledge and reaching out into the broader world to learn from others, we have built internationally recognized community businesses and delivered public programming at the forefront of global thought leadership. As a whole, our work demonstrates the power of tethering financial capital to place.

Today, we’re proud to share our 2023/2024 Impact Report, a testament to the potential of place-based approaches to economic development.

Read the report