the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

Finding the right type of financing for impact enterprises

By Elizabeth Boggs Davidsen

Large-scale affordable housing projects, wind farms, and small-scale diagnostic health clinics are just some examples of the wave of impact enterprises that have been emerging over the last decade, seeking to address social and environmental needs in addition to making profits. The unique characteristic of these impact enterprises is the expectation of a net positive social or environmental benefit, whether through their product or service, or in the way they create value for the communities they serve. Some may be extremely profitable; others may more closely resemble nonprofit organizations. What most of them share is a difficulty in finding capital that aligns to their needs and enables their growth.

The Sum of the Parts: Why Partnerships Matter in Youth Employment

By Elizabeth Boggs Davidsen

For anyone working in development, the topic of youth unemployment is central, remains virtually unabated, and drives much debate over the right paths, strategies, partnerships, and funding mechanisms. Yet, for those organizations in the trenches, they know that working on improving youth employability can be a critical lever to addressing other problems such as security, drug addiction, and teenage pregnancy. This dynamic is not lost on the Multilateral Investment Fund (MIF), the innovation lab of the Inter-American Development Bank Group, nor on the International Youth Foundation (IYF).

Social Innovation – Moving from the Margins to the Mainstream

By Elizabeth Boggs Davidsen

In early 2016, members of the Rockefeller Foundation got together with the Multilateral Investment Fund (MIF), the innovation lab for the Inter-American Development Bank Group, and established that they were both working to support social innovation labs and organizations, yet neither had the full picture.  With the MIF’s geographic focus only on Latin America and the Caribbean (LAC) and Rockefeller’s preference for Africa and Asia, each organization was missing out on a global perspective.  So, the idea of co-organizing a global summit of social innovation organizations was launched.

Latin America's Unique Brand of Impact Investment

By Elizabeth Boggs Davidsen

The Latin American Impact Investing Forum, better known in the region as the FLII  (Foro Latinoamericano de Inversión de Impacto), concluded February 17 after three  busy days of activities, panels, pitches, and parties.  Held in the Mayan City of Merida, Mexico, the FLII is now in its 7th edition, and has grown significantly in prominence and attendance. The 2017 event included over 400 engaged impact seeking participants from foundations, financial institutions, funds, faith based organizations, social enterprises, development finance institutions, governments and a few corporations. Leaders from the impact investing industry- those that intentionally target specific social objectives along with a financial return and measure the achievement of both, gathered to learn about the latest trends, promote new ideas, network, and match make.  

What would you do with $2.2 trillion dollars?

By Elizabeth Boggs Davidsen

By Elizabeth  Boggs Davidsen and Charmain Love

The groundswell of businesses that want to be more purposeful and work alongside government and civil society organizations means that we should dream bigger about how to solve some of the biggest challenges the world faces today. And maybe money isn’t an excuse anymore, given a report by the New York Times (in the United States) and research by Grant Thornton (in the United Kingdom), showing that the balance sheets of companies in these two countries alone have $2.2 trillion in cash waiting to be used. 

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