January 18-24 Business in Vancouver
By Jenny Wagler
"Across the country, social finance - the concept of matching business-minded social entrepreneurs with socially minded financiers - is gaining momentum.
Last month, a national social finance task force of philanthropists and venture capitalists, including former prime minister Paul Martin, released a report entitled "Mobilizing Private Capital for Public Good."
Also last month, B.C.'s Ministry of Finance wrapped up consultations regarding an amendment to the Business Corporations Act that would create a community interest company. The new hybrid enterprise would marry community benefits with a profit-making model - an idea that fits nicely into the social finance sphere."
For the complete Business in Vancouver story, click here.
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