There are different financial instruments which could help the social innovators and social enterprise start-ups to access finance.
Crowdfunding: Crowdfunding is by definition, “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.”(forbes.com).
What is Crowd funding? Planning for Crowd Funding – What, How, Why and When?
Following a review of the Resources section you will have a broad insight into alternative financing resources which exist for social / hybrid enterprises.
Have a look at
Resources
CrowdFunding: Some definition and examples of Crowfunding Web Platforms
http://crowdfundcapitaladvisors.com/
Philanthropic Capital: Funding usually provided by corporate foundations for projects focusing on the social good.
Philanthropic Capital: what does it mean?
Unlocking Philanthropic Capital: An Interview with Sean Stannard-Stockton
Look at some videos on Philanthropic Capital:
Transform Your Treasures Into Philanthropic Capital: Gifting Business Interests and Real Property
Social Venture Capital: offers financial institutions the opportunity to invest in risk capital for companies engaged in social innovation.
15 Social Venture Capital Firms That You Should Know About
Look at some videos on Social venture capital:
Social Bonds: issued by banks to support the initiatives of high social interest; offer to subscribers a market rate of return, and the funding of the securities. The Bank disburses money for social innovation projects.
Social Impact Bond – a public program that produces savings for the community, with a financial intermediary that identifies interested investors; but the return on investment is tied to the success of the social project.
Social Impact Bonds Definition
Social Impact Bonds Webinar Panel
European Direct Funds – a new EU funding programme EASI, managed by the EU Commission to foster, amongst other things – Microfinance and Social Innovation. See the video at