“Unprecedented times call for extraordinary solutions,” says US grantmaking giant, announcing $1bn social bond sale to fund a massive, anti Covid-19 grantmaking programme.
"A world where leisure trusts became unviable would surely lead to a crisis in public health – and who would pick that up?" A survey warns that more than 40 leisure and culture social businesses risk permanent closure within six months.
Ahead of this week's Spectrum event on closing the racial wealth gap, organiser Keisha Senter reflects on the task ahead for funders, what we can learn from creative leaders – and her 'ones to watch' when it comes to grassroots change.
PLUS: Covid-19 updates you may have missed; ANDE invests $1.2m in women-led businesses; Africa’s Novastar Ventures raises $108m; Acumen backs Peruvian edtech platform, and more.
The founder and CEO of a social enterprise in Hyderabad, India, on surviving a dramatic drop in business, finding ways to look after every employee – and waiting for the “storm to pass”.
Seven social enterprise networks join forces in a new national alliance for Australia – and call for a 10-year action plan to build resilience, jobs, impact investment and a common vision in the aftermath of Covid-19 and devastating bushfires.