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Educating Social Entrepreneurs, Volume II by Maria Aggestam, Paul Miesing

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CHAPTER 24

Financing Modes of Social Entrepreneurship

Bogdan Prokopovych

University of Massachusetts

Davis Plotnieks

SITE, Stockholm School of Economics

Introduction

As private sector organizations increasingly seek to address social and environmental problems and nonprofits with social missions operate more like businesses, understanding financing mechanisms available to these organizations becomes increasingly salient. Despite the importance of social finance for the success of social ventures and the anticipated growth in social impact investing in the coming years,1 our understanding of it remains limited. A recent claim that social entrepreneurship is a contested cluster concept incorporating insights from multiple constructs supports this ...

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