How to incentivise social entrepreneurs to make even more impact? How to protect impact businesses against mission drift? Impact-linked finance, the youngest kid in the impact investing family, offers some solutions.
Innovative companies and their corporate social investors are demonstrating a new, collective approach to impact – one that might just drive a shift in how big firms use their wealth, expertise and influence to “do good”.
Bite-sized stories this week from the impact economy around the world: a “historic shift” among impact investors on impact measurement, insights on family giving, Starbucks backs coffee cup recycling drive, and more.
PLUS: New $40m fund to bridge short-term financing gaps, Social and Sustainable Capital makes first investment from its housing fund, tech startup OpenSC raises $4m, CIC secures £250k through social investment tax relief, and more.
Malaysia's Prime Minister launches three year social enterprise strategy, Social Enterprise UK join forces with Social Enterprise West Midlands and social investment saves dementia support centre from closure in the north of England.