Investments in impact startups decline for a fourth year in a row despite a healthy growth in the broader VC market, as investors shift their focus to defence and AI – and leave some impact areas sorely underfunded.
This week: UK pensions bill amendment aims to clarify fiduciary duty to unlock funding, four social outcomes funds launch in Africa, how ships could soon be powered by algae – and more.
AIBŌ won the Ford Family Foundation’s flagship event, which was hosted at Barclays Innovation Hub powered by Eagle Labs in Shoreditch on Tuesday 21 October. A £50,000 prize pot was shared between the six finalists.
Ready to network, learn and get inspired? Don't book your diary without the Pioneers Post roundup of social impact events coming soon – for social entrepreneurs, impact investors and all those working within the global impact economy.
This week: Skoll Foundation to relocate to Washington DC and 'reshape team'; business leaders campaign for sustainable economy ahead of COP30; US$500m ethical AI initiative launched.
IMPACT 101: ‘Social outcomes partnerships’ is the new term – at least in some countries – for ‘social impact bonds’. But what are they exactly? And what are outcomes funds? The experts at GO Lab have the answers.
Six student social entrepreneurs have been selected as finalists to pitch at Ignite, the annual funding contest for social start-ups emerging from UK universities, created by the Ford Family Foundation.