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.
Social entrepreneurs are chronically bad salespeople, says Tom Szaky. The TerraCycle founder – and ChangeNOW speaker – on holding back on the purpose-filled elevator pitch, clever use of comedy, and taking a lead from Fox News.
Conservative MP and civil society review author Danny Kruger highlights new funds that social enterprises should watch, adding that Treasury ministers are “very supportive” of social enterprise – but also “very distracted” right now.
BlueMark's in-depth review of 30 investors – with a combined $99bn in impact assets under management – finds more than half not aligned with SDG targets, while cost constraints mean only 11% engage with stakeholders to assess their impact.
A formerly thriving local hub had become almost unrecognisable and was on the brink of closure – until a community asset transfer helped turn it back into a bustling space of support and creativity. The inside story on a Bristol centre's new lease of life.
Up to 50,000 firms required to meet stricter reporting standards from 2024, with proposed directive that seeks to fill major data gaps and overcome what finance chief Mairead McGuinness calls “systemic risks” for the economy.
PLUS: $100m MacArthur grant to end homelessness; Dutch VC fund backs digital-only fashion house; ImpactAssets custom investments surge; new pooled fund for southeast Asia; Resonance's launchpad loan for mums' mental health; and more.
Participatory funding puts decisions into the hands of those most affected by the money. It's a massive shift – but one that could make philanthropy and impact investing more open, transparent and community-driven.
GSEN, a network for organisations that support early stage social entrepreneurs around the world, admits it can no longer meet the needs of its members. But its leader bows out with a positive message.
Twenty British Council-funded groundbreaking ‘digital experiences’ are now live across six countries, experimenting with new ways to support creative and social entrepreneurs, and building communities online.
