ImpactSpace is still in beta but the San Francisco, California company will be launching soon. It's a free database of those at all ends of the impact investing spectrum including companies, investors and entrepreneurs. For all involved, it's not simply the financial capital that matters but also the social and environmental return. But it's good business -- that's why investors invest.
As impact investing grows, ImpactSpace has come out as a way to track the deals that are happening and increasing at a steady speed. It follows along in a way to something like ClearlySo, a directory of social businesses, which emerged at a time when it was difficult to find out where companies existed.
Contact Information
ImpactSpace website
ImpactSpace on Facebook
ImpactSpace on Twitter
Social Capital Databases
ImpactSpace Gives Information on Companies, Entrepreneurs and Investors
Trend Themes
1. Impact Investing Growth - The increasing trend of impact investing creates opportunities for platforms like ImpactSpace to track and facilitate these investments.
2. Social Business Directory - Platforms like ImpactSpace and ClearlySo provide valuable directories for locating social businesses, presenting opportunities for entrepreneurs and investors in this space.
3. Triple Bottom Line Investments - The focus on financial, social, and environmental returns in impact investing opens up opportunities for platforms like ImpactSpace to provide information on companies that align with these principles.
Industry Implications
1. Impact Investing - The impact investing industry benefits from platforms like ImpactSpace that allow investors to track deals and find companies aligned with their values.
2. Social Entrepreneurship - Platforms like ImpactSpace support social entrepreneurs by making it easier for them to be discovered by investors and business partners.
3. Sustainable Finance - The sustainable finance industry can benefit from platforms like ImpactSpace that provide data on companies and investments that prioritize social and environmental impact along with financial return.