When catalytic capital is critical: how impact entrepreneurs use grants to build 'bottom-up' blended finance

Bjoern Struewer and Jed Emerson

Research on catalytic capital tends to focus on what motivates the providers – but what about those receiving it? Bjoern Struewer and Jed Emerson share new insights on how entrepreneurs use grants to take strategic risks and finance growth as part of a blended approach.

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