“Priming the Pump: The Case for A Sector-Based Approach to Impact Investing,” (PDF) by Matt Bannick and Paula Goldman. Omidyar Network, September 2012
Throughout the world, donors and investors are considering a new model for funding social entrepreneurs: impact investing. While there are myriad reports on the topic, Priming the Pump, a report by the ANDE Member, Omidyar Network, is my favorite from 2012. The discussion paper offers an excellent distillation of the challenges facing the nascent impact investing industry and poses a core solution based on focusing on serving sectors, not firms. It offers useful data, case studies, and recommendations for how to scale this emerging investment approach.
Randall Kempner is executive director of the Aspen Network of Development Entrepreneurs. Learn more about Randall and his work at www.aspeninstitute.org/ande. You can read other entries in this series here.