Social Investment Scotland moves forward with social startup fund plans

  • Small fund, big noise... The new fund has been controversial. Social Investment Scotland has historically lent to charities and social enterprises and recycled returns into its lending activities.
  • Scotland’s social startup scene... Scottish Communities Finance launched a community bond program last year.

Philadelphia Story: Good Capital Project, ImpactPHL and ImpactAlpha team up at Total Impact

There’s a reason ImpactAlpha has been publishing so many stories on Philadelphia, even beyond the fact that our own Dennis Price and his family moved back last year. We’ve been tracking locally-driven economic revival across the U.S.; Philly is testing approaches also taking hold elsewhere. Can local institutions and impact investors effectively direct capital to entrepreneurs and other agents of

Virginia’s new seed fund targets underrepresented entrepreneurs

  • Spurring tech entrepreneurship... Virginia Founders Fund, a partnership between the commonwealth and the nonprofit Center for Innovative Technology, is to spurs entrepreneurship in software, hardware and life sciences.
  • The fund’s first two investments… are in EdConnective, a training and coaching startup for teachers, and Status Identity, an enterprise security service.

Eight organizations share £2.1 million to train the UK workforce

  • Winners included... Open University for its online network engineering program and Bridgwater & Taunton College for its real and virtual reality “workplace simulations” for nuclear power station workers.
  • Other recipients included... non-profit National Numeracy, which helps adults build everyday math skills and consultancy Sara Dunn Associates for a care worker “micro-learning” initiative.

Philadelphia’s poised for another championship: Civic revival and inclusive prosperity