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.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
When Tony's Chocolonely's, a Dutch chocolate maker, was sold to a Belgian investment firm last year, the company introduced a "golden vote" to make sure the sale didn't violate the firm's impact...more
Environmental, social, and governance (ESG) experts are out with a list of the world's best and worst companies when it comes to investing in climate change. Here are the top 10, based on ESG's...more
One of the world's largest law firms has been named as one of the best in the world for its work in the area of impact investing. Inbar magazine has named Morgan Lewis as one of the top 50 impact...more
It's been more than five years since Russia invaded and occupied Ukraine, but the country is still struggling to rebuild and attract foreign investment. The Financial Times takes a look at the...more
Swiss impact investment firm Blue Earth Capital has invested more than $16 million in an Indian company that aims to help small farmers cope with climate change, the BBC reports. The investment...more
"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more
When it comes to environmental, social, and governance (ESG) considerations when investing, Malaysia is at the top of the list, according to Digital Edge Malaysia. And that's not just because the...more
Three women from Australia's Indian community have been named in the country's Order of Australia for their contributions to society. Harinder Kaur, 29,Niharika Hiremath, 29, and Sakshi Thakur,...more
Pritika Mehta, an Indian-American entrepreneur who holds a master's in artificial intelligence from the State University of New York, is "shaping the pathway for Indian startups looking to plunge...more
"San Francisco is about the same size as my hometown, Chandigarh," Pritika Mehta tells Hindustan Times. "But this small city has changed the world.... The kind of conversations that happen...more
Social Entrepreneurship
Spotlight
Social Entrepreneurs to Get Free WiFi Access
iPass, a telecommunications provider, will give free internet access to 100 non-government organizations (NGOs) for a year as they work in dangerous countries to help its poor and underserved populations.
