Social finance
Challenge is working as a market-developer to create access to risk capital for social enterprises. This will mean creating new supplies of finance, but also doing much more to help social enterprises understand what difference new kinds of capital can mean to them, through investment-readiness services and training.
Our work in this area will mean uncovering and amplifying hidden innovations, connecting investors and investees in new ways, building capacity among professional advisors, improving financial planning capacity in social enterprises and attempting to simply the regulatory environment through, for example, developing more systematic guidance on the application of State Aid directives to social venturing.