Giving ideas wings

I came across this (rather long but very interesting) article in The Economist about how ‘business angels’ step in to provide small entrepreneurs with access to capital where venture capital firms are often wary of going – for reasons of risk or simply, size.

In a way, I suppose we could think of Acumen Fund as a ‘business angel’ for social enterprises – we step in and place our bets on innovative social entrepreneurs and effective ideas and business models that manifest the potential to reach underserved markets. We help give socially driven market-based ideas wings by going a step further than simple financing and providing intensive management support to incubate social enterprises until they are ready to fly on their own.

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