A stumbling block to growth trips up companies trying to do good
Tuesday, February 19, 2019
By Sarah Shearman
Growing up is hard to do. For businesses that aim do good as well as make profit, it’s a sentiment they are all too familiar with.
There is a vast array of philanthropic grants, investment funds, and incubators offering capital and support to get social enterprises off the ground.
But once established, these businesses often struggle to scale up: too small to get investment from larger commercial banks or strategic investors, yet too big to receive startup capital.
Photo courtesy of David Weekly.