Social Impact BlogShowing posts in Investment
Central Ohio is getting on the map when one of the oldest social impact investors in the U.S., RSF Social Finance, cold calls the Center for Social Enterprise Development to ask to be introduced to our most dynamic local social enterprises and to some of our major local players.
While the “home run” of helping to found the next “google” is a worthy goal, it is more probable that a series of “singles” to found and support small, local “lifestyle” businesses may contribute more to increasing prosperity and reducing poverty in our community.
Charitable giving as a share of nonprofit revenues in the U.S. has declined each year since 2008, reaching down to just 21 percent of nonprofit revenues by 2012. This decline has two causes: the inability of charitable giving to keep up and the decision by more nonprofits to develop new sources of earned revenue, often through social enterprise.
I have to believe that encouraging both men and women to work jointly to start and invest in social enterprise will be more successful than creating gender-isolated programs. While high tech has enough single-gender momentum to need some gender catch up, social enterprise is still young enough for us to build gender diversity from the ground up. Let’s work to make that happen!
Equity crowdfunding seems to be worthwhile to those companies that have already mastered reward crowdfunding. Few local social entrepreneurs have been successful in reward crowdfunding.
We are partnering with Cardinal Health’s management development program called LEAD to evaluate the community’s need and desire to address this problem and to assess the technical challenges and demands of such an undertaking before we start fundraising for the project.
Next week I hope many will join us in celebrating our many steps. Those who register will receive an advance copy of our second annual State of Social Enterprise in Central Ohio.
August provides us three opportunities to celebrate the energy, excitement, and innovation of social enterprise in Central Ohio.
Pipeline Angels Invest in Blendoor, an App that Focuses on Merit-based Hiring Practices Stephanie Lampkin launched her first startup during her years in business school. She spent two years of her life to put her concept to the test. When it became clear that the concept just wasn’t going to take off, she decided it […]
The environment for attracting capital to social enterprise is changing, and here are a number of new ways for social entrepreneurs to tap capital to launch their businesses.