Wednesday
August 12
2020

Impact Investing Lends a Hand to Struggling Social Entrepreneurs

By Maggie Coggan

With the spread of COVID-19 bringing unprecedented challenges upon the social business community, new analysis is highlighting the major challenges social entrepreneurs face and how impact investing can help.

Published by the Global Impact Investing Network on Thursday, the report found that while the impact investing community had on the whole provided additional support for struggling investees amid coronavirus, more had to be done if businesses were to survive the pandemic.

The report is part of the network’s Response, Recovery, and Resilience Investment Coalition (3R Coalition), which brings together some of the world’s biggest players in impact investing to identify opportunities to invest in health interventions and access to capital, and will direct new capital to fill coronavirus financing gaps.

Photo courtesy of 周小逸 Ian.

Source: Pro Bono Australia (link opens in a new window)

Categories
Coronavirus, Impact Assessment, Investing
Tags
coronavirus, entrepreneurs, financial access, global development, impact investing, social business, social entrepreneurship