Addressing the Critical Gaps in Risk-Taking Capital For Social Enterprise
Authors: Fruchterman, Jim; Freundlich, Tim; Emerson, Jed
Source: Oxford: The Skoll Centre for Social Entrepreneurship, Saïd Business School
Number of pages: 24
The worldwide growth of social enterprise is threatened by a dearth of capital. Social enterprises need investment to grow and to innovate - investment that takes on the risk of the enterprise. This kind of capital cannot easily be pieced together from limited grants, conventional equity and ill-fitted debt. As increasing numbers of social entrepreneurs and mission-based financiers seek to enter the field, a question arises: Can the sector develop new instruments and stakeholder relationships to meet this challenge?