What are OpenAI CEO Sam Altman’s motivations in restructuring his tech firm into a public benefit corporation? Amendments to the law in the US state of Delaware might give a clue on whether Altman is looking for social impact or profit maximisation.
The Scottish government is aiming for full-scale economic systems change and expects social enterprise to be at the forefront of its new economic model, according to discussions at the Social Enterprise Scotland Summit 2024.
Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.
Running a venture that helps both people and planet is hard. Amid inflation, instability and even war, it sounds almost impossible. But, for the pioneers of green business in Palestine, Lebanon and Egypt, sticking to the mission makes sense.
The global impact deals, reports and initiatives you need to know about this month – all in one place. Featuring Oceanium, Astanor Ventures, Fair4All Finance, Big Society Capital, Temasek Trust, and many more.
The age of the unicorn – startups valued at US$1bn or more – is over, some say. Enter the zebra: businesses that pursue purpose and profit, and that show resilience in times of crisis. But to flourish, they'll need a big mindset shift among VCs.
Tributes pour in following this week’s news of the death of Suzanne Biegel, the impact investor whose “legacy would require many lifetimes to fully honour”.
Applications open for new fund offering loans of between £1m and £4m to social enterprises with track record of profitability in health and social care, affordable housing and ‘social infrastructure’.
The UK's social investment market appears resilient, but a closer look at the data reveals that the economic crisis is biting hard. Plus, how a Pakistani social enterprise saves lives; and a new institute for philanthropy launches – with a lot of cash.
Inauguration of “think-fund-do” tank backed by the Hong Kong Jockey Club follows launch of Asia Community Foundation, as region’s philanthropic movement steps up a gear.
Investments in social housing drive continued growth but other sectors show mixed picture in difficult year for UK economy, according to Big Society Capital’s annual study.
