How do you measure the social impact of technology investment? It’s a big question TechBridge has been working to answer for nearly 25 years. Inspired by efforts in the social impact arena to quantify the value of social investments in dollar terms, through metrics such as Social Return on Investment (SROI) and Impact Multiplier of Money (IMM), TechBridge has developed an internal tool, referred to simply as the “ROI Calculator,” to demonstrate the value of our technology investments in terms of dollars saved, hours saved, and additional clients served over a 5-year period.

Read more from Sean Williams on our blog: https://gasocialimpact.com/measuringsocialimpacttech/ ... See more

“Everything has a bottom line, and understanding the power of finance can help to make your goals and dreams achievable, especially for smaller businesses and entrepreneurs,” says Nicholas Forest, project manager and Enterprise Rose Fellow at Quest Community Development Organization.

Read more about the innovative ideas that flowed out of the Transform Finance Atlanta Institute for Social Justice Leaders this past weekend. theguild.jp TransFormation Alliance

https://nextcity.org/daily/entry/demystifying-the-financial-sector-for-atlanta-social-justice-leaders?utm_source=Next+City+Newsletter&utm_campaign=24fce377a7-Daily_781_COPY_01&utm_medium=email&utm_term=0_fcee5bf7a0-24fce377a7-44188253 ... See more

The Atlanta gathering is the first in a series of localized workshops on the intersection of capital and social justice to be hosted in six cities.

Join the Institute for Leadership and Entrepreneurship at Georgia Tech for the next installment of their IMPACT Business Speaker Series featuring Matt Pfaltzgraf, the Founder and CEO of Softgiving, Inc. The talk is tonight at 4:30 pm at the Scheller College of Business at Georgia Tech, Room 200. This event is FREE and open to the public. More information on this and upcoming events can be found here: ile.gatech.edu/impact ... See more

Impact Speaker Series

This week's #DefinetheJargon focuses on "pay for success," which is an innovative funding mechanism that shifts financial risk from a traditional funder- usually government- to a new investor, who provides up-front capital to scale an evidence-based social program to improve outcomes for a vulnerable population.

Learn more below and through the Urban Institute's website: https://pfs.urban.org/pfs-101/content/what-pay-success-pfs ... See more

Join the Institute for Leadership and Entrepreneurship at Georgia Tech for the next installment of their IMPACT Business Speaker Series featuring Beatriz Rodriguez, the Director of Diversity and Inclusion at Home Depot. The talk is tonight at 4:30 pm at the Scheller College of Business at Georgia Tech, Room 200. This event is FREE and open to the public. More information on this and upcoming events can be found here: ile.gatech.edu/impact ... See more

Join the Institute for Leadership and Entrepreneurship at Georgia Tech for the next installment of their IMPACT Business Speaker Series featuring Bill George, the former CEO of Medtronic and author of "Discover Your True North." The talk is Wednesday, January 30th at 4:30 pm at the Scheller College of Business at Georgia Tech, Room 200. This event is FREE and open to the public. More information on this and upcoming events can be found here: ile.gatech.edu/impact ... See more

"Small business ownership, like home ownership, is an asset and an avenue to create wealth for business owners and their families." - Grace Fricks from Access to Capital for Entrepreneurs Read more about ACE's role as a nonprofit investor/CDFI here: https://gasocialimpact.com/grace-fricks-access-capital-entrepreneurs/ ... See more

This week's #DefinetheJargon focuses on "social impact bonds" or SIBs- an innovative and emerging financial instrument that leverages private investment to support high-impact social programs. Learn more through McKinsey & Company's informative video here: https://www.youtube.com/watch?v=E6GrQtCh83w. ... See more

For more information, please read McKinsey & Company's report, "From Potential to Action," which assesses the opportunity for social impact bonds in the U.S....

This week's #DefinetheJargon focuses on "place-based investing." One actor through which to explore this concept is the health system. Nationally, health systems have an estimated $400 billion in investment assets. Redirecting even a small portion of these resources to place-based investments would shift billions of dollars toward addressing economic and environmental disparities in local communities. It would allow institutions to more effectively improve community health and well-being, even as they continue to earn a healthy rate of return. What examples in Georgia demonstrate effective place-based investments?

Learn more here: https://www.youtube.com/watch?v=3b933wxLMSs ... See more

Nationally, health systems have an estimated $400 billion in investment assets. Redirecting even a small portion of these resources to place-based investment...

“There were a lot of work readiness programs, but there weren’t really jobs at the end of them. So we decided to start First Step Staffing to create that pipeline,” said Greg Block, who founded the nonprofit in 2007 to provide sustainable income for those with significant barriers to employment. Read more about their story here: https://gasocialimpact.com/greg-block-first-step-staffing/ ... See more