A couple facts:
- The UK announced 30% in tax relief for social investments and launched the long-awaited Social Stock Exchange.
- In the US, the Obama administration started the National Impact Initiative to boost the use of impact investing as part of its economic development efforts.
- The G8 meeting in London launched three projects to help the development of the impact investing market: research commissioned from the Organization for Economic Co-operation and Development on global developments in the market; a Global Learning Exchange to develop and share best practices; and a Social Impact Investment Taskforce, which will include four working groups focusing on impact measurement, asset allocation, mission lock, and international development.
- The European Union adopted a regulation in April, 2013, defining a new “European Social Entrepreneurship Fund” label, to make it easier for investors to identify funds with at least 70% of capital supporting social businesses.
But apparently the investors are swimming in a little pool yet, not finding enough well thought social entrepreneurship endeavours to invest into. I am constantly finding amazing communities within social entrepreneurship so it’s interesting that there should a shortage? But at the same time it brightens the future in my eyes!
Impact Investors Still Chasing A Too-Small Pool Of Companies
I feel there is something happening with our view on the economy. And at least for me I welcome it. Social economy , sharing economy , trading economy, trust economy, virtual economy, local economy, knowledge economy. There are so many names for what ever shift that is happening. But in the end it’s us who decide what will be the new economy depending on what we value and what we put our value into.
That is the big burning question. If the make it rain/stacks of paper/ green is no longer the ruling symbol of value, what is value? What will we think is valuable? Valuable enough to be the new economy?
For me the most valuable asset of this startup is to affect the life of todays kids and give them a good start to understand their and others sexuality, intimacy and relationships. Make them feel secure in that and help out with all the awkward parts, and in that way change a lot of attitudes towards each other and adjust tolerance level in the long run. And I believe that it will have a t trickling effect in other areas of life to.
Some of the articles I’ve seen lately that can be of interest in this are:
“I’m pro-knowledge economy”
“Marc Jacobs store takes tweets, instagrams for payment”
“Instagram pays your bill at this pop up restaurant”
“How this entrepreneur build up his work by trusting”
“How the knowledge economy is redefining work”
“The rise of the sharing economy“