"From Ideas to Practice, Pilots to Strategy is the second publication in the Forum's Mainstreaming Impact Investing Initiative. The report takes a deeper look at why and how asset owners began to include impact investing in their portfolios and continue to do so today, and how they overcame operational and cultural constraints affecting capital flow. Given that impact investing expertise is spread among dozens if not hundreds of practitioners and academics, the report is a curation of some -but certainly not all -of those leading voices. The 15 articles are meant to provide investors, intermediaries and policy-makers with actionable insights on how to incorporate impact investing into their work."

"Many investors and entrepreneurs are using creative ways to deploy financial capital in service of the world’s most intractable challenges, achieving both financial and social returns. This practice is known as “impact investing.” As impact investing spreads and becomes more commonplace, education and training will be increasingly crucial for investors and practitioners to access the knowledge and skills they need for success."

"A social impact bond (SIB) is a new approach for scaling social programs. Currently being piloted in the United Kingdom and generating interest globally, a SIB is a multistakeholder partnership in which philanthropic funders and impact investors—not governments—take on the financial risk of expanding preventive programs that help poor and vulnerable people. Nonprofits deliver the program to more people who need it; the government pays only if the program succeeds. Because the concept of a SIB is so new (the first and only SIB is the UK pilot mentioned above), information about how—and how well—this approach could work is very limited. In this report, the most thoroughly researched study of SIBs to date, we explain how SIBs are structured, assess their potential in two specific program areas (homelessness and criminal justice), describe the various stakeholder groups involved, and present the results of a pro forma analysis of a hypothetical SIB."

"Early-stage social entrepreneurship is creating grassroots change in communities across the world. It is a fundamental stage in the journey of every social venture and yet is under-resoourced and under-researched. In this report we reveal how support is currently provided to early-stage social entrepreneurs by diverse organisations, members of GSEN. It is the first step in our continuing efforts to empower the social entrepreneurship sector with knowledge,contributing to its growth and increased efficiency."

"This report offers a first set of insights, distilled from the knowledge of leading practitioners, on how to successfully integrate smallholders into value chains through effective service delivery and smallholder aggregation models. It uses case studies from five African and Asian countries."

"This report analyzes how twenty different donors and development finance institutions (DFIs) engage with the entrepreneurship and small & growing business (SGB) sector in emerging markets. The goal of this study is to provide an overview of the main channels through which these institutions provide funding to entrepreneurs and small and growing businesses in emerging markets, reveal key statistics around this funding (such as investment size and horizon), highlight trends to look out for over the course of the next few years, and discuss implications for how ANDE should engage with each institution moving forward."

"In economies characterized by low labor demand and high rates of youth unemployment, entrepreneurship training has the potential to enable youth to gain skills and create their own jobs. This paper presents experimental evidence on a new entrepreneurship track that provides business training and personalized coaching to university students in Tunisia."

"We estimate the effect on business start-ups of a program that significantly speeds up firm registration procedures. The program was implemented in Mexico in different municipalities at different dates. Our estimates suggest that new start-ups increased by about 5% per month in eligible industries, and we present evidence supporting robustness and a causal effect interpretation. Most of the effect is temporary, concentrated in the first 15 months after implementation. The estimated effect is much smaller than World Bank and Mexican authorities claim it is, which suggests attention in business deregulation may be over emphasized."

"The objective of this "Environmental Policy Toolkit for SME Greening" is to help governments in the European Union's Eastern Partnership (EaP) countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine) to design and implement key instruments to promote environmental compliance and green business practices among SMEs using the existing good practices in EU and other OECD countries.

The Toolkit focuses predominantly on environmental policy instruments to promote green behaviour of SMEs. It covers three categories of instruments: regulatory simplification and incentives, information-based tools (which comprise both providing advice and guidance to businesses and providing their customers and the public at large with information about their green practices), as well as financial and economic incentives."

"Impact investing has the potential to enable every foundation, regardless of size, to pursue its philanthropic mission more effectively. It can help individual donors, families, foundations with few or no staff, and all sorts of giving entities put more and different types of capital to work for social good. Even better, it can deliver philanthropic impact alongside financial returns—which can enable reinvestment of those funds in pursuit of even more social good.

We offer this guide with that opportunity in mind—and specifically to support small-staffed foundations seeking to use impact investing to further their missions. It provides a starting point, a review of key questions to consider and ways to answer them, and a variety of tools and connections to additional resources you may need."