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ipg_101911.pdf
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🔗 Source: bellwether.org
📊 Size: 104 KB
📄 Pages: 3 pages
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Summary

Three key principles guide successful social-innovation finance: providing appropriate financial backing at each stage of the process, allocating money to successful innovations, and supplementing government funds with private-sector contributions. The "stage-gate" funding approach ensures the right level of financing is available to programs at different stages, with smaller sums for promising ideas and larger sums for proven innovations. Money should follow success, with a commitment to data-driven outcome measurements, and government funds can be supplemented by private-sector contributions to leverage greater amounts of private capital and reduce the risk of funding untested innovations.

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Three key principles guide successful social-innovation finance: providing appropriate financial backing at each stage of the process, allocating money to...

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  • File Format: PDF
  • File Size: 104 KB
  • Pages: 3
  • Language: EN
  • Total Downloads: 436
  • Last Updated: 4 hours ago

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