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If you're in the market for a little extra cash and want to make a positive impact on the world, Entrepreneur has just the thing for you.
The site is running a series of articles on "impact investing," which, as its name suggests, aims to make a positive difference in the world by generating double-bottom-line returns for investors and, in some cases, triple-bottom-line returns for businesses.
A key part of the process, according to Entrepreneur, is "define your metrics and evaluate whether they accurately depict the factors that change people's lives."
Some examples of what to look out for: What's the impact of a business's investment? If so, "each party wants to see a return generated from the money that a business receives but to deliver and show true impact; additional benchmarks must also be met."
What's the impact of a business's investment? If so, "are those earnings being spent or reinvested back in the community, perhaps through purchasing new homes?" What are the wages of workers? If so, "are wages helping employees get off of public assistance or meeting or exceeding average pay in a region? Do workers also receive additional benefits that deepen family economic stability that leads to personal and generational wealth Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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The Savanna Institute in Urbana, Ill., is looking for a full-time financial manager to oversee its 70,000-square-foot headquarters and budgeting and accounting practices, the Chicago Tribune...more
If you're in the market for a little extra cash and want to make a positive impact on the world, Entrepreneur has just the thing for you. The site is running a series of articles on "impact...more
One of the world's biggest asset managers is taking a stand against climate changeby investing in some of the world's poorest countries. Envestnet, which has more than $100 billion in assets...more
When it comes to creating jobs in Nigeria, President Muhammadu Buhari is known for his attention to detail. But when it comes to creating jobs in Africa's most populous nation, he's apparently a...more
Social Entrepreneurship
Spotlight
Social Enterprise Trains Migrants and Refugees with Fashion-Industry Skills
Sydney TAFE has teamed with a new clothing and retail social enterprise, The Social Outfit charity, to launch a dynamic collaboration that would enable students to gain real fashion industry skills and take on their own creativity and rich cultural heritage to produce garments for The Social Outfit’s store and adjoining workshop in Newtown.
