Funding in social entrepreneurship projects

Funding opportunities for social innovators are endless. So if you have a good social project idea or a ongoing initiative already, you should know where to look for.

These are some financing forms that a social entrepreneurship project can obtain or compete to obtain:

Government Grants

A government grant is a financial reward given by a state or a local government authority for a project. Normally, a grant does not include technical assistance or other financial assistance, such as a loan. Effectively a grand is a “gift” and the grantee is not expected to repay the money.

Impact Investors

Impact investors invest into companies and funds with the intention to generate a measurable beneficial social or environmental impact alongside a financial return.

Crowdfunding

Crowdfunding is an important source for individuals to raise donations and investments for the developing of business ideas or new ventures. People interested in the method can use online platforms to pitch their ideas on a proposed project and get investment from backers (online audience).