In my last post “Measuring The Impact of Social Investing”, I talked a lot about the history of PULSE, the software designed to help track the impact of social investments. Since Acumen Fund first introduced it in 2006, we have seen a constant and increasing need for support, services and even entire organizations to help the impact investing community operate more efficiently and achieve greater success.
The capital for communities and opportunities for people = 25 years, US$1.3 billion, 46 states and 47,000 jobs.
This past week, I had the pleasure of meeting with Frank Altman, president and CEO of the Community Reinvestment Fund (CRF), USA. Since 1988, the CRF has injected $1.3 billion into mostly low-income neighbourhoods across the United States, helping to retain or create 47,000 jobs.
There is a systemic issue in impact investing that constantly resurfaces, from research papers to goals of foundations in the realm of impact investing: lack of infrastructure to help people identify and function as a part of the impact industry.
The biosphere needs more than just making an impact.
From the discussions held at SOCAP: Designing the Future in Malmö, it is clear that impact investing needs to up the game and take into account how different forms of capital interact with each other, and provide a resilient system.
The Canadian Housing and Renewal Association (CHRA) held its annual Congress in St. John’s last week, where we met colleagues from a sector with some of the highest potential in terms of uptake and success of social finance in Canada. Pre-Congress sessions included Finding the Money, Renewing the Mission: Social Finance, Social Enterprise & Affordable Housing, kicking off a week of workshops in the lovely, foggy capital of Newfoundland and Labrador.
As participants, we wanted to take the opportunity to provide an overview of the sector and its predisposition to social finance, and share what we learned last week.
See More
Your Guide helps social entrepreneurs learn how to attract financing for their social ventures.
See More
See More
See More
Your Guide to Social Finance
SocialFinance.ca hosts an online guide that helps social entrepreneurs learn how to attract financing for their social ventures.
GET INVOLVED
