Home
About Us
Indian Finance Minister Nirmala Sitharaman has recently announced in the Union Budget that the government proposes to create a social stock exchange (SSE). This social stock exchange will support social enterprises and voluntary organizations so that they attempt to raise capital.
Gajendra Singh Shekhawat, Union Cabinet Minister in Ministry of Jal Shakti, has proposed a detailed road map to support strategic and long-term planning for the next five years.
The proposal has received a positive response among the social enterprise sector in India, where local social enterprises can have better visibility and grow capital.
Indulekha Aravind, editor of The Economic Times, broadly explains that a social stock exchange is a platform that enables "investors to buy shares in a social enterprise that has been vetted by the exchange."
SSEs exist in different countries in various forms. Aravind lays out a few global models.
They include:
- SVX (Canadian online platform that allows investments in local companies and funds that have a positive social or environmental impact)
- Social Stock Exchange (London-based directory connecting social enterprises and potential investors in the UK)
- Kenya Social Investment Exchange (Kenya's own SSE that connects vetted social enterprises with both local and foreign impact investors)
- Impact Investment Exchange (Singapore's SSE in partnership with the Stock Exchange of Mauritius)
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"Our small, locally owned businesses are the backbone of our communities.... These assistance programs will help ensure our small business continue to thrive and keep our communities...more
A hospital in San Diego is using artificial intelligence to help doctors more quickly identify patients at risk of sepsis, the San Diego Union-Tribune reports. Dr. Christopher Longhurst,...more
The Old Medical School in Leeds, England, was once one of the country's first provincial medical schools. Now, it's being turned into a "hub for health-tech innovation," per a press release from...more
The Great Lakes region is home to one-fifth of the world's fresh water, but that could soon change. The National Science Foundation has announced a $160 million, 10-year investment in a coalition...more
Foundation: MacArthur Foundation
This year's MacArthur Foundation 100&Change grant competition has a new requirement: applicants must include diversity, equity, and inclusion in their proposals, the Chicago Tribune...more
Foundation: MacArthur Foundation
This year's MacArthur Foundation 100&Change grant competition has a new requirement: applicants must include diversity, equity, and inclusion in their proposals, the Chicago Tribune...more
"Experiential learning is the best way to get at the nuance and complexity of fields like philanthropy or business," Brian Goebel, managing director of Emory University's Business & Society...more
When Balazs Bognar moved to Tokyo from Urbana, Ill., at age 17, he had no idea he'd end up living there for the rest of his life. "He would take me and my mom and my brothers to cities around the...more
Alber Elbaz's fashion brand, AZ Factory, is shutting down, but not in a bad way. Instead, it's launching a new educational program called AZ Academy: Business for Designers, reports Women's Wear...more
Foundation: Central Valley Community Foundation
California's Central Valley is home to 25% of the US' fruits and nuts, and the state's agriculture-heavy San Joaquin Valley alone accounts for 19% of revenue and 14% of gross domestic product, per a...more
Social Entrepreneurship
Spotlight
Global Companies Appeal for Needed Market Changes in Renewable Energy
Global companies like General Motors, Wal-Mart, Bloomberg, Facebook, Hewlett-Packard, Intel, Johnson & Johnson, Mars, Novelis, Sprint, Proctor and Gamble and REI are calling out for necessary market changes to make it easier to buy and access more renewable energy.
