Bill Drayton from Ashoka contributed this great article about social investing, in the Harvard Business Review. The whole thing is worth a read, but here is an excerpt:
“For visionary CEOs in the for-profit finance sector, a giant business opportunity is emerging: connecting entrepreneurs and their organizations with the resources they need to create lasting social change.
Since the late 1980s, the citizen sector has taken off and experienced rapid growth in terms of productivity and impact. The financial industry has not kept up with this rapid change and, as a result, the change makers of the citizen sector lack the financing options they need to make their projects successful and scalable. Without new sources of private capital, the citizen sector has to continue to rely on funding by governments and foundations. That’s far from ideal.”
For the whole article go here.
