Are you looking for funding to help kick-start your social enterprise? We have compiled a list of organizations and foundations that are providing social capital to social entrepreneurs like you.
Anzisha Prize: For innovative young entrepreneurs based in Africa
The Anzisha Prize seeks to award young entrepreneurs who have developed and implemented innovative solutions to social challenges or started successful businesses within their communities. 15 finalists from across Africa win a spot in a lifelong fellowship what will help to accelerate their path to entrepreneurship success.
Acumen: Focuses on solving problems of global poverty through loans and equity in India, Pakistan and East and South Africa.
Acumen is a non-profit impact investment fund with almost 15 years’ experience in small and medium-sized enterprises (SMEs) that serve low-income communities in developing countries primarily in Sub-Saharan Africa and South Asia. It aims to demonstrate that small amounts of philanthropic capital, combined with large doses of business acumen can result in thriving enterprises that serve vast numbers of the poor. Over the years, Acumen has invested $83 million in 73 companies and has had a successful track record in sourcing and executing investment opportunities in the clean energy, hhealthcareand agriculture sectors
The Tony Elumelu Foundation Programme is the largest African philanthropic initiative devoted to entrepreneurship and represents a 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs, and add $10 billion in revenues to Africa’s economy.
Big Issue Investment: Focuses on medium-term growth capital
Set up in 2005 as the social investment arm of The Big Issue, Big Issue Invest exists to further The Big Issue’s activities and reach by financing the growth of sustainable social enterprises and charities. The organization’s goal is to continue supporting organizations that are seeking to make a positive difference for people and communities across the UK.
Echoing Green provides seed stage funding and strategic foundational support to emerging leaders working to bring about positive social change. The organization identifies tomorrow’s transformational leaders through its Fellowships and other innovative leadership initiatives, and invests deeply in their success to accelerate their impact.
Good Capital Project: Expansion fund; high-engagement, hands-on investment partner
The Good Capital Project (GCP), is a new initiative that brings together a variety of players in the impact investing world in order to create more cohesion, pinpoint what’s hindering mainstream acceptance and increase the amount of funding available to social impact projects.
Root Capital: Focuses on grassroots businesses in rural areas of developing countries
Root Capital seeks to improve the lives of rural farmers by connecting them with the formal economy. It invests in the growth of agricultural enterprises so they can transform rural communities. These businesses purchase crops such as coffee, cocoa, or grains from thousands of smallholder farmers. They connect members to markets and help improve their farming practices.
Global Good Fund: Developing social entrepreneurs into impactful global leaders.
The Global Good Fund accelerates the leadership of social entrepreneurs around the world. Through its Fellowship program, The Global Good Fund invests in the human capital of high potential leaders committed to tackling some of today’s greatest social challenges.