Capital Impact’s COO Looks Back at Milestones & Ahead at Opportunities on Forbes.com
Forbes.com journalist Rahim Kanani interviewed Annie Donovan, NCB Capital Impact’s Chief Operating Officer, about several important questions related to investing in low-income communities.
Here is one excerpt that will likely resonate with many of you:
What does it take to invest billions into low-income communities? What opportunities are there in front of us?
Annie Donovan: “There are lots of opportunities in front of us. On the capital front, the world is beginning to better understand the work we do. The term ‘impact investing’ is gaining currency. A Global Impact Investment Network (GIIN) survey forecasts the impact investment market in 2012 to be $3.8 billion. Those of us in the domestic segment of the market are positioned to make ourselves better known and attract this new investor class to our work. The fact that all levels of government are trying to do more with less is another opportunity...The upside is that an opportunity lies in focusing on innovative approaches that deliver higher quality outcomes at a lower cost.”
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