?Impact Investing? Teeters on Edge of Explosive Growth
Thursday, October 14, 2010
Conferences can be a good indicator of the health of an industry, and by that measure the emerging sector of “social entrepreneurship” appears to be booming. The third annual SOCAP conference last week in San Francisco drew more than 1,300 people paying as much as $1,395 a ticket, and you could feel the energy among the amalgam of philanthropists, foundations, investors and idealistic entrepreneurs.
The idea that it’s possible to marry hard-nosed capitalism and bleeding-heart causes has been around awhile, with philanthropic institutions working hard to be more business-like even as many businesses pay more attention to the social and environmental impact of their operations.