Heated debate on impact investing at Skoll World Forum raises concerns about poor evidence of impact and “misguided” assumptions. But some say it can work if investors adopt alternative vehicles and reach out to untapped pools of capital.
How to incentivise social entrepreneurs to make even more impact? How to protect impact businesses against mission drift? Impact-linked finance, the youngest kid in the impact investing family, offers some solutions.
PLUS: Blue Impact Fund first of its kind in UK; Germany's EIF-backed social innovation fund; Bain Capital raises $800m for second impact investing fund; Los Angeles' Everytable raises $16m in Series B round; and more.
US-based Draper Richards Kaplan Foundation chiefs say Brexit was a key factor in deciding on their first Europe base – as it prepares to ‘double down’ on its international portfolio.
Funders can help accelerate the post-Covid recovery by taking a leaf out of the venture capital book – and by emulating their investees' ability to pivot and adapt to market needs.
India’s IAN Fund and Draper Richards Kaplan Foundation back circular economy company Phool.co, which employs marginalised women to turn discarded temple flowers into luxury incense products.
