social impact investing
I was recently at a Calgary+Acumen Fund event where CAWST presented on social impact investing and measuring performance of an organization. It was a great conversation, in large part, because here was a charity that was advocating for stronger evaluation metrics before donors make charitable contributions.
When an individual evaluates a company before s/he invests there are several things that are evaluated:
- Financial stability
- Opportunity for financial gain
- Future plans and growth opportunities (new markets)
- Competitive landscape
This past weekend I was part of a facilitation team taking a group of individuals and organizations through a course on starting a social enterprise. The workshop was hosted by Canada Bridges and there were about 25 individuals ranging in age, ethnicity, and most especially in the ideas that they felt they could get to market that would make meaningful social change. Read more »
My career has been shaped in the charitable sector. It spans two countries, several sub-sectors and a lot of fundraising time. When I decided to launch my own company it was at the begining of the formal social enterprise discussion in the States. I realized early on that what the charities value as their business and revenue models is not what the traditional markets value. This seems obvious, when charities talk about their business, they talk about the lives that they have saved and how they do it on so few dollars. When companies talk about their business, they talk about profit and commodities and consumers. So it was with great interest that I read this past week's issue of the Globe & Mail on renaming the sector from non-profit to Social Profit.