Tedd Cohen writes about new investment strategies and grant-making processes nonprofits should adopt to rise up to the challenge of economic turmoil.
Social-impact bonds are one of the strategies that raise private investment capital to fund prevention and early-intervention social programs, helping nonprofits expand programs that have proved effective. Investment strategies like this will put social capital to productive use in addressing our most urgent social and global problems.
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Social enterprise, HandiConnect, wins the Audacious-Business Idea competition’s Doing Good category. The company is spearheaded by University of Otago entrepreneurship master’s student Nguyen Cam Van.