Venture Philanthropy uses philanthropic dollars earmarked to do some kind of social and community good as a source of capital for businesses launched in marginalized communities.
The monies are managed through a Program Related Investment (PRI) fund and deployed as capital for the purpose of launching businesses.
Significant Matters raised over $850,000 of venture philanthropy funds that were invested in businesses focused on creating sustainable and transformational solutions.
A customized collection of grant news from foundations and the federal government from around the Web.
The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.