The $1.9tn stimulus bill, like previous assistance packages, is good news for impact investors and social entrepreneurs. But what comes next will be crucial for them to help the new administration fulfill its pledge to build a fairer society.
Our new Cities of Impact series, in partnership with Amsterdam Impact, explores how a city can not only nurture social entrepreneurship, but also contribute to a much more ambitious goal: transforming the whole economy.
William Hendradjaja co-founded SIAP to help early-stage social enterprises be more sustainable and more thoughtful about their impact – and the message has travelled far from Jakarta, thanks to a partnership with Social Value UK.
Business support organisations offer crucial consultancy services to a wide spectrum of social ventures as they grow. Heather Black of Economic Change suggests how such organisations can ensure a steady flow of income.
Impact hubs exist in 49 countries around the world and have been described as "powerhouses of dynamic social innovators". It's no wonder then, that they are seeking to utilise their network to create more social impact.