Sumerian Foundation co-founder Chris West addresses the gap between social ventures' funding needs and availability of capital. For this, West identifies five areas of accelerating investing for impact.
West explains why this mismatch of funding and capital happens and what can be done to bridge that gap. He compares investing for impact from investing with impact.
He shares that 'investing for impact' is where the primary focus is on achieving a social impact, with any related financial returns as a secondary objective. While 'investing with impact' means the primary focus is on achieving a net positive financial rate of return alongside social impact.
West highlights five most important points that he believes that need to be addressed for significant impact:
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The Northern Zone Social Enterprise Hub at Ballymena’s Ecos Centre has now officially opened. The launching ceremony was carried out by Social Development Minister Nelson McCausland.