Approach
Marketplace Impact
Solutions to social problems exist, but they rarely spread broadly to cities and communities across the country. This failure impairs our ability to make progress on our most acute social challenges.
The advent of for-profit capital markets has had a revolutionary impact on the world economy and fueled huge advances in standard of living and quality of life. In these markets, capital moves efficiently to support growth of high-performing companies. Developing an analogous marketplace in the social sector can similarly allocate capital efficiently to nonprofits whose programs measurably improve individuals’ lives and whose solutions can be scaled so that millions will benefit.
Such a marketplace system will enable:
- Improvements in the lives of millions of individuals and families
- High-impact programs and practices to be spread faster and more widely
- Efficient allocation of capital and large savings from fewer reinventions
- Increased flow of capital to the nonprofit sector and to proven programs
- Widely adopted best practices that improve quality and efficiency
