For many socially driven start-ups the journey from idea to business execution is a long and complicated one. This is why developing a theory of change can help guide you and ensure the end goal is always in sight.
It is hard to encourage newcomers into the field of impact investment when there is so little information about the gains (or losses) that can be made – both financial and social. The KL Felicitas Foundation is working to address this.
Charities are being criticised for their handling of data in the media. But without it, we'd never know how well they are performing, argues Sarah Handley of New Philanthropy Capital.