Bringing Venture Capitalism to Sustainable Development
It’s no secret that people are generous. They give their time, talent and treasure to support a wide range of philanthropic efforts. But in many cases NGOs are not achieving the speed and scale necessary to address the key issues of our time. Just like in business, pilots are often created but private and public sector organizations often struggle to go beyond the pilot stage as reported by John Friedman. Today some NGOs are asking if they can create a new model, based on the success of venture capital, which drives innovations to scale? And what would that look like? …