(With Video): From SOCAP Europe – Why Giving Is Not Going Away
At last month’s SOCAP: Designing the Future in Malmö, Sweden, the role philanthropy should take in fostering a strong impact investing sector was one of the key focal points.
Adding to the buzz was new report published by Monitor in collaboration with Acumen Fund titled From Blueprint to Scale: The Case for Philanthropy in Impact Investing. (Check out a NextBillion post on this report here). The report is based on Monitor’s deep expertise, 60-plus expert interviews and 10-plus years of Acumen Fund data; it shows how grants are needed to bridge the gap when developing new business models that serve low income customers. Read the full report here.
To elaborate on the report’s findings and implications, a breakout discussion included: Rik Vyverman, a business development manager at Acumen Fund who based in Paris; Harvey Koh, an associate partner in the Monitor Inclusive Markets India practice; and Simon Desjardins, a business manager at Shell Foundation, who served as moderator. Check out a video of the conversation below: