Not for Profit Access to Capital

Authors

  • Erin Huddleston

Keywords:

not-for-profits, capital, scaling, social impact

Abstract

Not-for-Profits need access to capital to scale and increase their social impact. When a not-for-profit wants to scale it needs capital, to set up processes, infrastructure, and staffing – much like a start-up. Access to capital is like air; when there isn’t enough, a not-for-profit cannot achieve its goals. Philanthropitch’s vision is to ensure that not-for-profits have the same access to capital as for-profit businesses. Philanthropitch achieves this vision by setting up a nomination and public voting process within an ecosystem that results in the supply of capital, knowledge, collaboration, and exposure for a region's most innovative nonprofits giving them the opportunity to scale their impact in their communities.

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Published

2022-03-23

How to Cite

Huddleston, E. (2022). Not for Profit Access to Capital. Social Innovations Journal, 12(2). Retrieved from https://socialinnovationsjournal.com/index.php/sij/article/view/2695

Issue

Section

Social Innovation and Entreprenership