From Social Startup Funding to Inclusive Economic Development

By: Rebecca Byers - Published: Aug 12, 2012
As the social enterprise movement continues to gain momentum, the means of social startup funding available for social entrepreneurs has proven to inspire an array of innovative incubation services. From community-driven workspaces like Toronto’s Centre for Social Innovation, to launch pad’s focusing on a certain region like Unltd India, a variety of support options have emerged for budding social entrepreneurs that gives them access to not only funding, but often the experience and wisdom of established members of the sector.

While the UK is still leading the charge when it comes to social entrepreneurship, the US is seeing an increase in local and state-focused incubators popping up in and around major cities, like Arizona’s Phoenix-based Seed Spot, and Texas’ Adbongo Inc.

Other noteworthy incubation-driven initiatives include the UK’s Cockpit Art, which craft-based social enterprise offering incubation services for “designer-makers,” and the Skoll Foundation, which supports social entrepreneurs internationally despite being based in Palo Alto, California.