Dip into Impact Investing & Social Finance

To best explain how impact investing and social finance work and why they matter to Canada, watch this video with Tim Draimin, Executive Director, SiG National.

In November 2010, SiG helped release the report Mobilizing Private Capital for Public Good from the Canadian Task Force on Social Finance, which outlines “seven actions that Canada needs to undertake, in parallel, to mobilize new sources of capital, create an enabling tax and regulatory environment and build a pipeline of investment-ready social enterprises.” Below is an embedded copy of the final report.

Impact investing and social finance are not necessarily new concepts. For decades, if not centuries, creative thinkers have attempted to leverage the tools of investment to affect greater social and environmental outcomes. In the last several years, however, attention and interest in this topic have grown substantially.

For entrepreneurs looking to tap into the interest in impact investing and social finance, the MaRS Centre for Impact Investing maintains a Guide to Social Finance.

One form of impact investing and social finance that has attracted much attention is the social impact bond, a concept developed by Sir Ronald Cohen of Social Finance UK. In February 2011, Adam Jagelewski published an article for Policy Horizons Canada entitled, Social Impact Bonds: A Practical Social Innovation. Below is the article in its entirety.

For more information, Dive into Impact Investing and Social Finance as well as to SocialFinance.ca and the MaRS Centre for Impact Investing.