Seed Funding Solution for Social Ventures
The changeXchange web site provides a platform for interested donors to explore different social venture start-ups grouped around affinities like economic stability, improved housing, and vibrant neighborhoods. Individuals then invest in social change shares in the organization that they like.
Over the years, I have been a big admirer of the social capital marketplace innovator Kiva.org and the faith-based performance philanthropy Geneva Global. I’ve dreamed of ways to combine the two. The secular changeXchange seems to be one possible approach. My hope is that a faith based intermediary would catch a similar vision for faith venture start-ups.