The Impact Economy consists of for-profit, non-profit and governmental entities using proven management practices to harness the positive power of business to address endemic social issues. With a rapidly expanding market and an increasing number of participants, the idea of “impact” as an economic force has hit the mainstream.
Womble Carlyle’s Impact Economy Team helps entrepreneurs and investors do good while doing well. In this short video, Mark Newberg, the firm’s Director of Impact Strategies, walks viewers through how Impact Economy companies function. He also provides a brief forecast on the future of Impact investing.
This is the first in a series of Womble Whiteboard videos. Stay tuned for future installments.