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SFIP’s Place Sourced Impact Investing project is now moving into implementation; and given the problems plaguing the financial sector, and its apparent inability to create true prosperity, this partnership with the Story of Place Institute may come at an opportune time. To quote Pavan Sukhdev of Corporation 2020, the market-centric economic model “…is recession-prone, leaves too many people unemployed, widens the gap between the rich and the poor, creates ecological scarcities that affect water and food, and generates envrironmental risks such as climate change.” We can do better.

Building on last Spring’s preparatory work, the PSII implementation strategy has two major components. First, it calls for the selection of a small group of pilot projects and social entrepreneurs, with whom we’ll work very closely to maximize their ventures’ potential returns across a broad range of capitals (e.g., financial, social, human, built, and natural), at the community scale.  Read the rest of this entry »