Impact Investing

Impact investing seeks to make a positive impact by investing in social enterprises and startups.

Find Your Funding, Part 2, Cathy Clark, CASE Smart Impact Capital

CASE Smart Impact Capital is a toolkit that helps you to raise capital that aligns with your needs. In 1992, Cathy Clark had a conversation with Lloyd Morrissett, the co-founder of Sesame Workshop. Lloyd told her “Change happens when the right people with the right idea and the right capital come together at the right time.” This idea stuck with Cathy and has guided her career since. When Cathy first appeared on Social Entrepreneur in January 2016, she said. “It isn’t enough to have a good idea, to want to help people, but you have to have an organization to do it, and eventually that organization needs capital. And that…

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BONUS Episode: Cathy Clark Talks About Larry Fink’s Letter to CEOs

Cathy Clark stopped by to talk about CASE Smart Impact Capital, a rich resource to help entrepreneurs to be more efficient and effective in raising investment capital. While she was here, I took the opportunity to ask Cathy about a letter that Larry Fink, CEO of Blackrock, wrote to CEOs. Blackrock manages $6.3 trillion in investments. In this letter, Mr. Fink said, To prosper over time, every company must not only deliver financial performance but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.” You can read the entire letter here….

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Find Your Funding, Part 1, Jeff Ochs, Venn Foundation

The Venn Foundation uses Program-Related Investments in surprising new ways. This week, we’re kicking off a two-part mini-series how to fund a business that does social good. We did something similar in April 2016 in a series called Founding & Fuding. In May 2017, Ned Tozun generously shared the story of how he and co-founder Sam Goldman funded d.light. Next week, Cathy Clark is going to be here to talk about CASE Smart Impact Capital, an online resource to help social entrepreneurs figure out how to find the right capital at the right time. This week, we’re talking to Jeff Ochs of the Venn Foundation. Jeff is an experienced entrepreneur…

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Mapping the Trillion Dollar Impact Investing Sector, with Rehana Nathoo, The Case Foundation

The Impact Investing Network Map visually presents the best publicly available information on impact investments. Any good entrepreneur will tell you, problems are opportunities. People in a remote village don’t have access to electricity, and yet, they have funds for kerosene. Companies like d.light and Barefoot Power see a market opportunity. Consumers throw textile and garment waste into landfills, generating 14 million tons of waste per year in the United States. Stacy Flynn launches Evrnu, turning cotton waste into a usable fabric. Social Entrepreneurs turn global problems, including the Sustainable Development Goals, into sustainable businesses. But ideas like these need capital in order to launch and grow. Impact investing is…

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Joel Solomon, Author of The Clean Money Revolution

Joel Solomon reminds us, “There is $50 trillion that is going to pass hands in North America through death in the next 30 years.” It’s up to us what the impact of that transfer of wealth will be. Joel Solomon is the chair and co-founder of Renewal Funds, a mission venture capital firm based in Vancouver, BC. He is also the board chair of Hollyhock, an educational retreat center and the author of the new book, The Clean Money Revolution: Reinventing Power, Purpose, and Capitalism. Joel was born in Chattanooga Tennessee to a Jewish family. He grew up when segregation was the norm. There were different restrooms and water fountains…

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How to Find Your Funding, with Ned Tozun, d.light

Ned Tozun talks about how to find your funding as you start and grow your social enterprise. Social entrepreneurs take on intractable problems. To tackle global challenges, you’re going to need to find funding. One such massive problem is global energy poverty. According to the International Energy Agency, globally 1.2 billion people are without access to electricity. To light their homes, they often depend on kerosene, which is expensive, consuming precious resources from those who can least afford it. Kerosene fumes are hazardous to breathe. When families gain access to solar lights, their expenses go down, their health improves, and often children in the home study later into the night,…

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088, Mike Gabriel, RSF Social Finance | Financing Social Enterprises

RSF Social Finance has an innovative approach to financing social enterprises. They bring social entrepreneurs and funders together in regional meetings where loan rates are negotiated. Entrepreneurs help funders understand the impact of higher rates, while funders help entrepreneurs understand the impact of lower returns. In the end, they set the rates. How did Mike Gabriel come to join RSF? From 1997 to 2002, Mike Gabriel was an investment banker in San Francisco. “There was the dot-com boom and bust,” Mike told me. “There was a lot of froth – a lot of greed. That took a toll on me. Like many young people do, I questioned, what is it…

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088, Mike Gabriel, RSF Social Finance | Financing Social Enterprises

087, Matthew Patsky, Trillium Asset Management | Environmental, Social and Governance (ESG) Investing

Environmental, Social and Governance (ESG); Socially Responsible Investing (SRI); and Impact Investing: these terms have slightly different meaning, but in the end all lead to the same conclusion. When we invest, we are owners of companies. We have an obligation to take that ownership responsibility seriously in order to influence the environmental and social impact of companies. For today’s episode of Social Entrepreneur, we continue our May #MoneyMonday series with Matthew Patsky of Trillium Asset Management. Trillium has been recognized as a “Best for the World” BCorp. We dig in to the governance aspect of ESG. Trillium not only screens investments into or out of their portfolio based on ESG,…

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087, Matthew Patsky, Trillium Asset Management | Environmental, Social and Governance (ESG) Investing

084, Luni Libes, Aviary | Venture Capital Seed Fund for Impact Companies

Aviary is a new venture capital seed fund, focused on mission-driven, for-profit conscious companies. It is run by Luni Libes. Luni was first a guest on Social Entrepreneur in Episode 3. He is our first returning guest. The last time Luni was with us, it was to describe how Fledge, the conscious company accelerator, works. Fledge has graduated 52 companies from their accelerator. They have 7 more in the program right now. As part of our #MoneyMonday in May series, we talked to Luni about several topics: The challenge of finding early seed capital for impact entrepreneurs. Why he started a venture capital seed fund. Luni’s plans to expand Fledge…

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084, Luni Libes, Aviary | Venture Capital Seed Fund for Impact Companies