PassionIT News

Why can’t we address social needs with similar inventiveness and resources?

Poverty, homelessness, crime, unemployment continue to plague even the wealthiest of nations. Imagine if in addition to existing efforts, we could leverage trillions in private capital and bring the same level of focus and entrepreneurial dynamism that we see in the private sector to meet the pressing needs for better schools, more job opportunities, improved public services, safer streets?

We don’t have to imagine. It is already happening – and it is called impact investing. The idea is simple enough – to invest in efforts that not only provide a return on investment, but also target specific social needs.

We can dramatically accelerate the growth of this important market by partnering with government to remove roadblocks.

https://www.forbes.com/sites/realspin/2014/09/20/is-social-impact-investing-the-next-venture-capital/?sh=1930a8ab46a4