ABSTRACT FROM THE JSFB. SUBSCRIBERS CAN READ THE FULL ARTICLE IN THE MAY 2014 EDITION.
Co-authored by Bob Harrison, CEO and Bulbul Gupta, Head of Market-Based Approaches at the Clinton Global Initiative
If we care about meeting the economic, social, and environmental demands of the 21st century, and growing consumer demand for responsible products, then we need to collaborate to support and scale more inclusive and sustainable enterprises. However, there are obstacles to building a more responsive entrepreneurial ecosystem. In the impact investing industry, many large and institutional investors feel that they have an insufficient pipeline of investment-ready enterprises, especially those large enough to absorb the amount of capital they want to invest in them, that can provide desired returns. Many forums, including the Clinton Global Initiative, are encouraging impact investors to invest in businesses at an earlier stage of enterprise where they need patient capital to get to a proof-of-concept where other investors would also find them attractive.
The Clinton Global Initiative is a membership-based organization that advances public-private partnerships both globally and in the US, through its CGI America platform. CGI America will be held in Denver June 13-14; please visit www.cgiamerica.org for more information. CGI’s Annual Meeting is held every September in New York City; please visit www.clintonglobalinitiative.org for more information.