Last Week on Social Finance:

Canadian and International News

Nick Hurd, Minister for Civil Society in UK,

has announced plans for four new social

impact bonds, worth upto £40m.
http://www.thirdsector.co.uk/News/DailyBullet

in/1087083/Office-Civil-Society-trial-40m-

social-impact-bond-scheme-support-problem-

families/30810C70AC981B6C3AF530B9F24CD36E/?

DCMP=EMC-CONDailyBulletin

The commissioning of social enterprises has been hit hard by cuts in public sector expenditures, reports Allison Ogden-Newton.
http://www.guardian.co.uk/public-leaders-network/blog/2011/aug/23/cuts-social-enterprise-commissioning?utm_source=twitterfeed&utm_medium=twitter

RoI-based social investment organisation Clann Credo is seeking suggestions of potential social impact bond applications in Ireland. Any feedback or thoughts should be emailed to paul@clanncredo.ie by 9th September using the questionnaire (and background info) on their website.
http://www.clanncredo.ie/default.aspx?m=30&mi=217

The Inter-American Development Bank Group (IDB) through its Multilateral Investment Fund (MIF) approved a loan and technical assistance of $4.9 million to Root Capital, for a project aimed at providing an innovative financing scheme for small grassroots businesses such as organic coffee, cocoa, sugar and other high value crops cooperatives.
http://www.microfinancefocus.com/funding-sustainable-agriculture-latin-america

Learnings

How do you determine allocations for your HIP

portfolio? Learn how to be sustainable across

all assets in your porfolio by Paul Herman in

@reuters
http://www.reuters.com/article/2011/08/24/idU

S4316742920110824

Shreedhar Kanetkar presents an overview of

impact investing with an emphasis on social

impact bonds.
http://business.in.com/article/isb/impact-

investing-harbinger-of-a-brighter-future-

and-a-friendlier-bond-market/27862/0

Rahim Kanani interviews Kevin Jones about

SOCAP and his thoughts about the future of

impact investing.
http://www.forbes.com/sites/rahimkanani/2011/

08/24/2011-social-capital-markets-

conference-socap-an-interview-with-kevin-

jones-co-founder-convener/

Seth Godin offers a powerful argument against

short-term capitalism, describing its

negative effects.
http://sethgodin.typepad.com/seths_blog/2011/

08/short-term-capitalism.html

Natasha Oakshett, of Withers LLP, explains

the tax reliefs and incentives available to

social investors in the United Kingdom.
http://www.philanthropyuk.org/quarterly/artic

les/tax-incentives-social-impact-investors

Collaborative capitalism: a partnership model

involving a multinational corporation, an

impact investor, smallholder producers, and a

BoP strategy organization.

http://www.nextbillion.net/blog/2011/08/23/ac

celerating-bop-development-at-the-

intersection-

The myths and realities of impact investing -

Josh Weinstein explains why the narrative of

massive profits while simultaneously serving

the poor creates dangerous expectations.
http://developeconomies.com/development-

economics/the-myths-and-realities-of-impact-

investing/

In Scotland, social impact bonds are garnering interest as the necessity of a new approach to tackling social problems becomes increasingly clear. Duncan Hamilton explains.
http://scotlandonsunday.scotsman.com/opinion/Duncan-Hamilton-Radical-spending-solutions.6826607.jp?articlepage=1

Then, far away in Singapore, value-based investing-aligning investments with personal values-is swiftly gaining popularity, reports Rachel Kelly.
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1149166/1/.html

Irene Kao says that impact investing is

legit, not a crock - and investing in impact

measurement is really just the cost of doing

good business.
http://blog.tides.org/2011/08/22/why-social-

impact-investing-is-legit/

Sasha Dichter asserts that we aren’t running

out of money for worthy causes, we just need

"a different mechanism that will outlast an

individual philanthropic funding system."

Here he's interviewed by Lydia Dishman in

@FastCompany.
http://www.fastcompany.com/1776106/innovation

-agents-sasha-dichter-director-of-business-

development-acumen-fund

Green technology presents lots of growth

potential for investors over the long term,

as Andrew Leckey writes in his column in the

Los Angeles Times.
http://articles.latimes.com/2011/aug/28/busin

ess/la-fi-leckey-20110828


Events

ClearlySo Social Business Conference 2011
October 11, LSO St. Luke's, 161 Old Street,

London

2011 Social Enterprise Conference at Columbia

University
October 7, 2920 Broadway, Uris Hall, New York
7:45 AM-7:00 PM
http://columbiasocialenterprise.org/civicrm/e

vent/info?reset=1&id=12

A Discussion with Jeffrey Liebman: Will

Social Impact Bonds Leverage Proven

Innovations?
September 23, One Canal Park, 3rd Floor,

Cambridge, MA, 8:00 am - 10:00 am
http://www.rootcause.org/node/549