The Role of Government, Nonprofit, and Private Facilitation of the Impact Investing Marketplace

Abstract

This article examines the public, private, and nonprofit facilitators at play in the growing field of impact investing, explores their roles, and proposes market rationales for their involvement. We identify four types of facilitation in which actors may participate. Enabling, improving, moving, and launching facilitation types are developed, and case examples of each are mapped to this framework. This article is the first step in creating a broader model of the impact investing marketplace, which will assist market actors in identifying the optimal or most efficient investment for both investor and investee. By envisioning the landscape of facilitation, we can begin to imagine the optimal type of facilitation as well as the facilitator best suited to undertake it for a particular investment.