Heard on the Street – here’s what we were reading last week:
The Rise of the Social Enterprise: A New Paradigm for Business: Deloitte releases their Human Capital Trends 2018- “The Rise of the Social Enterprise” – showing that management today considers their business more “integrated into the social fabric of society.”
The Price of Access: How Scale-Focused Microlenders are Pricing for Growth: A new report by the Aspen Institute dhows how microfinance institutions are pricing loans at higher rates in order to expand services to underserved entrepreneurs.
These Nonprofits Provide Capital to Change the Face of the Economy: There are a number of local nonprofits that are working to support entrepreneurs of color in their communities. Next Street client MEDA is highlighted for their work helping Minneapolis-based businesses secure larger contracts.
Venture Catalysts: The 36 Women Secretly Breaking Up Silicon Valley’s Old Boys’ Club: “As champions of entrepreneurial capitalism and free enterprise, these women knew that if they seized the commanding heights—by funding more female founders and mentoring more female investors—they would be impossible to ignore.”
How 1930s Discrimination Shaped Inequality in Today’s Cities: In the latest study by the National Community Reinvestment Coalition, we learn that “three out of four neighborhoods marked as ‘hazardous’ by a federal agency 80 years ago are still struggling economically.”