Root Cause CEO Andrew Wolk discusses Social Impact Markets in Stanford Social Innovation Review

Social Impact Markets: Why a market for social innovation is needed now more than ever

Click here to read. Click here to visit Stanford Social Innovation Review. To share your social impact market stories with our networks, email Tania at tgreen@rootcause.org.

andrew-wolk-headshot 2In today's tough economic times, making the most of our limited public and private resources is more relevant than ever. In this article, Andrew discusses how to create and invest in a social impact market—a mechanism that provides the infrastructure, information, and incentives to enable individuals or institutions to provide financial, volunteer, or in-kind resources with the expectations of those resources resulting in social impact.

Through Root Cause's Social Innovation Forum, we are learning to test a social impact market where nonprofits, philanthropy, government, and business are committed to allocating resources to nonprofits based on their performance. In this market, transparent exchanges of nonfinancial resources, sound data, and community and government involvement make it possible for proven innovations to grow and spread.

As we test and learn more, we encourage you to read through the article and share your success stories of creating social impact markets with us so we can share with others. Email Tania Green at tgreen@rootcause.org

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