Home
About Us
Maggie Coggan, a Journalist at Pro Bono News covering the social sector, shares a NESTA report's findings that reveal European social entrepreneurs are struggling to scale their startups due to a lack of growth mindset, awareness, and confidence around sourcing new finance options with venture capitalists or equity investors.
According to the report, the social entrepreneurs that did manage to scale contributed "disproportionately" to economic and social welfare.
The report recommends that it is crucial for entrepreneurs to access the most suitable types of finance to support the growth of their business.
The report also notes that entrepreneurs were often unaware of the finance and support options, like loans, grants, and insurance, that were available to them.
And it's not just European social startups. According to social Change Central co-founder Anne Lennon told Pro Bono News that Australian social entrepreneurs faced a lack of awareness of and access to funding options is definitely a barrier for Australian social entrepreneurs.
Lennon added that in Australia, more investment was needed in programs to help train social entrepreneurs.
The report also recommends improving awareness of, and access to, resources for growth, loan guarantees for startups, and removing of tax biases that discouraged scale and growth. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more
A new scholarship fund in Canada will help high school students who want to further their education, the CBC reports. The Westlock Community Foundation in Alberta received a $26,800 donation from...more
Foundation: Lancaster County Community Foundation
In 2024, Lancaster County, Pa., will celebrate the 100th anniversary of a group of "visionaries" who "came together to shape a better future for Lancaster County," says Sam Bressi, president and CEO...more
Foundation: Citi Foundation
"To the youth, I urge you to be proactive, resilient, and persistent on your entrepreneurial journey," says the UN's resident representative in the Philippines. "Make your voices heard, take up...more
Canada is putting its money where its mouth is, with a $2.5 million investment in five projects in India meant to help the country's poor, the Toronto Star reports. "Many of these novel projects...more
If you've ever dreamed of owning your very own Miami mansion, you'll want to get in touch with Eric Spofford. The real estate mogul and Instagram star will be hosting a one-day business intensive...more
"Many of us, at some point in time, have been told in our lives that we are unloveable. By our parents, partners, husbands, children, friends, or society," says transgender activist Zainab...more
Foundation: Community Foundation of Southern Indiana
"When you see the kids interacting and them building communitythat's what it is," says Camp Quality Kentuckiana executive director Eddie Bobbitt. "It's bigger than fishing and pie fights." The...more
A Missouri State University student has won an Emmy for his behind-the-scenes look at a Springfield zoo, the Springfield News-Leader reports. Jon Mabee taught film and television students to film...more
Peter Kessler graduated from the University of California, Berkeley, with a degree in chemical engineering, and now he's working on an AI invention that "stands on the brink of the educational...more
Social Entrepreneurship
Spotlight
Calgary Social Enterprise Offers High-Tech Services by People with Autism
Meticulon, a project of Autism Calgary Association in partnership with the federal government and the Sinneave Family Foundation, operates as a social enterprise that renders high-tech services provided by people with autism, leveraging their natural abilities at requiring attention to detail, repetition, and sequencing.
