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Financing Social Impact: Funding Social Innovation in Europe - Mapping the Way Forward

Geoff Mulgan; Carmel O' Sullivan; Diogo Vasconcelos; Peter Ramsden; Simon Tucker; Will Norman

This paper sets how the European Union (including funds directly managed by the European Commission) can embed a social innovation element within existing funds and makes recommendations for a social innovation family of funds. The establishment of a comprehensive ecology of finance should be capable of supporting social innovation from the idea generation stage through prototyping to scaling up.