Creating a finance ecosystem where social innovations can flourish. Where do we want to be in 10 years?
The field of social innovation is now beginning to gather momentum, with significant investment from governments, foundations and business. Over the next few years, it is possible that the ability to support, manage and grow innovations of this kind will become a core competence within governments, businesses, NGOs and foundations.
The field combines commitment, experience and energy. But it lacks the systematic and sophisticated infrastructures of support available to other fields – in particular, access to appropriate finance and funding. The result is that although there is no shortage of good ideas, far too few actually achieve the impact they could.
This report sets out a vision of where we want to be ten years from now. It highlights how these various infrastructural gaps will need to be filled for the field to develop to maturity, and puts forward recommendations for how we can achieve this.
The views expressed in this report, as well as the information included in it, do not necessarily reﬂect the opinion or position of the European Commission and in no way commit the institution.