‘Father of impact investing’ argues pay-for-success model could deliver huge cost savings, while incentivising the rapid, entrepreneurial innovation needed to develop successful tests.
PLUS: Vital Capital creates emergency debt facility for Africa businesses, Cadent Foundation launches, Oddbox secures £3m for nationwide expansion, and Brazilian startup makes ‘sensational’ exit.
PLUS: BNP Paribas and European Investment Fund create €10m impact bond fund, SIS Ventures' second fundraise, US foundations back affordable food business Everytable, Dutch firm Tony’s Chocolonely secures new investment, and more.
Plus: Bridges raises £35m for second social outcomes fund, Palladium's first impact fund targets $40m for African small businesses, Scotland's first community-owned school building and impactful chocolate in Indonesia...
From New Zealand’s ‘well-being budget’, to multinationals taking disability inclusion seriously: our roundup of some of the most interesting headlines from last week’s World Economic Forum.
A year after we first reported it, South Africa's first social impact bond is close to being agreed. At the Skoll World Forum, social enterprise mothers2mothers shared the challenges of the long journey it has undertaken.
"Social enterprises in Scotland contribute £6.9bn to the economy, more lucrative than the entire third sector." CEO of Social Investment Scotland Alastair Davis weighs up what support there is for them in terms of social finance.
