Social Capital takes a step forward

One of the toughest nuts to crack in the world of the Social Entrepreneur is the balance between growth oriented risk-based capital (aka private equity) and the need to use profit to fund a social mission. This issue is even tougher when most of the traditional non-profit mindset is conditioned to a world where social benefit organizations are evaluated on how little they spend on infrastructure and growth. And here in the U.S., we are actually lagging the efforts of most of the rest of the developed world.

Good news on this front may be coming in a proposal to develop social impact bonds that can serve as a source to fund expansion and growth while rewarding investors. It's got a long way to go, but it's a great step forward - and might be particularly useful to those of us in the great state of Maryland.

Keep your fingers crossed on this one!