Vistas: Geri Stengel’s Blog: Learning

By Mardy Sitzer

Ever get an email that sounds like it is from someone familiar but you just can’t place the name? Me too – I get these often enough that I thought to myself a blog post might be in order.

Government contracting is a big chunk o’ change for businesses both large and small. Last year federal government contracts alone -- never mind state and local -- gave $477 billion to private businesses. And 5% of those contracts are supposed to go to women-owned businesses.

by Lauren Abele

For entrepreneurs looking to positively impact people, planet, and profit by launching a triple bottom line enterprise, financing opportunities are scarce.  Why? Traditional investors—like banks, angels, and VCs—tend to look exclusively at financial return on investment and ignore social impact when making an investment decision. On the other hand, most foundations and other nonprofit funders, which traditionally have funded projects with high social and environmental impact, are either unable to or not interested in funding for-profit companies. With this funding dichotomy, where is there room to do well and do good?

Editor’s Note: This is the first in a 7-part series on Developing A Growth Business Plan. The series is based on presentations made at the Social Impact Exchange Symposium on Scaling Impact held June 14 and on the experiences of nonprofits that participated in the business plan competition.

The more a nonprofit learns from successful business practices, the more likely it is to be successful, according to Brad Joutras, director of development for Reading in Motion (RIM), one the competitors in the Social Impact Exchange (SIEx) 2011 Business Plan competition.