Faith. Prosperity. Microfinance. Evangelism. Collective Renewal. How are all these things connected in a virtuous cycle?
Our Video of the Week is from HOPE International, a Canadian international development agency, and tells the story of their small savings circle program which builds communities around spiritual and material sustenance.
Opened in late 2011, the MaRS Centre for Impact Investing (the Centre) is designed to increase the awareness and effectiveness of social finance by catalyzing new capital, talent and collaborative initiatives to deliver innovative solutions to Canada’s social and environmental challenges. Now that the Centre has been in operation for three months, we are keen to share with the community our goals and our progress to date.
The Nonprofit Finance Fund, which has been doing the country an incredible service by conducting rigorous research and sharing information on the emerging Pay For Success (PFS) models in the United States, released its latest report yesterday. NFF describes each of these financing models as “accelerating the transition of the United States social sector from on output-driven funding model to an outcomes-driven funding model” and acknowledges that, as with any new model for anything, there are competing risk trade-offs for the various stakeholders.
SocialFinance.ca produces a weekly round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the week of April 30, 2012.
Big Society Capital is a new social investment wholesaler in the UK that will invest £600m in social investment finance intermediaries (SIFIs) – organisations that provide finance and support to social sector organisations.
Upon the launch roughly three weeks ago, a video explaining the intended role and rationale for Big Society Capital was released. It features commentary from leading figures (such as Ronald Cohen, Chair) involved with this groundbreaking initiative, as well as social entrepreneurs, that 'will be a champion for social investment'.
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Your Guide helps social entrepreneurs learn how to attract financing for their social ventures.
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Your Guide to Social Finance
SocialFinance.ca hosts an online guide that helps social entrepreneurs learn how to attract financing for their social ventures.
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