Do banks and foundations in the same family have to fund the same impact? At a session exploring ‘fruitful collaborations’ at the EVPA conference, it was striking how different such relationships could be – and also their ability to work towards joint aims.
Leading social innovator says Covid-19 offers “huge opportunity” for social entrepreneurs and impact investors to rebuild without being too stuck to past ways of working.
Greater use of tiered funding, innovation challenges and outcomes finance will help organisations across the impact space “blaze new paths to shape our world for the better”, EVPA Conference delegates told.
As Covid-19 exposes “cracks in economic system”, EVPA chair calls on impact networks and investors to “build a powerful voice”, to “build back a more inclusive and just society” – with impact “at the heart”.
European funding for the social economy faces uncertainty over the coming months – but European Commission representatives reiterate strong support and point to success of existing financial instruments.
Public sector organisations are keen to support social investment – and in many cases are already playing a wider role than commonly perceived. But misunderstandings and internal blockages can still create headaches.
Kristalina Georgieva, managing director of the International Monetary Fund, tells GSG Summit impact investing can “power a sustainable and resilient global economy for the long-term”.
Hollywood actress turned entrepreneur tells GSG Summit that the notion you have to “leave your good character at the door” to be successful is a “really tired model”.
Investors and advisors are quick to justify why they won't consider investing in impact. But often their reasoning is based on misconceptions – and it's time to tackle the biggest hurdle of all, writes the boss of the Impact Investing Institute.
