Innovation lessons of past decades have fallen by the wayside. Challenges offer better value for money, more diversity of approaches, and a means to shape markets ripe for development – and could provide the moonshot advances that society needs.
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.
PLUS: Impact bond firsts in Cambodia and Palestine, Big Issue Invest backs lottery business, Bamboo Capital Partners invests in Indonesian peer-to-peer lending platform, VisionFund raises £10m for microfinance – and more.
If the United Nations member states are to achieve the 17 Sustainable Development Goals by 2030, actors from all walks of life are going to have to do their bit. Ellie Ward looks at the role of social enterprises in this historic pact.