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How Banks Should Finance the Social Sector

Harvard Business Review

As a result, charities and social enterprises do not have the cushion of external financing to manage their various capital requirements. Like any small business, they need working capital to balance out the peaks and troughs of their business cycle. This model is an innovative way for donors to achieve greater impact.

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My First, Failed Foray into Venture Investing

Harvard Business Review

But whatever the investment, and whether I'm investing personally or professionally for the Disruptive Innovation Fund, my basic parameters are now clear. And because my husband and I were the providers of working capital, I had the luxury of being cavalier. Lesson 2: Establish rules of engagement. No, no, no , I cried.