Nothing Ventures, Nothing Gained

Authors: Fruchterman, Jim; Freundlich, Tim; Emerson, Jed
Product Type: Essays and Concept Papers
Source: Oxford: The Skoll Centre for Social Entrepreneurship, Saïd Business School
Publication Year: 2008

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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?

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