India Wants To Leverage Its Stock Market For Social Impact. Will It Work?

credit: USACE on Flickr

India wants to use its stock market to raise funds for social causes.

The country's securities regulator has approved the setting up of the Social Stock Exchange, which will operate within the Bombay Stock Exchange, the country's largest, Eco-Business reports.

The exchange will allow non-profit companies and those working toward social causes to list their shares and trade them for a range of causes, including aleviating poverty and providing affordable housing.

Read the Entire Article

How's Your Community Doing?
Check Out it's
Community Vital Signs

Social Entrepreneur calls for the establishment of market support systems for tech start-ups

There are so many tech innovations in Ghana but aren't getting the needed investments compared to Nigeria, says a social entrepreneur. "Beyond their population, there must be a culture in Ghana...more

Social Entrepreneur Spotlight: Vichi Jagannathan Of Rural Opportunity Institute

"When I moved to rural North Carolina to teach high school, a blindfold was finally ripped off," Vichi Jagannathan tells Quartz. "This was the onset of my journey to realizing that, even as a...more

Podcast Ep. 75: Entrepreneur Kendra Bracken-Ferguson on Innovating Social Media Efforts ...

"It's hard to remember a time without social media, a time when top tier brands weren't using social media for their marketing," says entrepreneur and Purdue University alum Kendra Bracken-Ferguson...more

HZ Womenpreneur Awards 2023: CEO To Icon Of The Year HZ To Honor Women Entrepreneurs

It's that time of year again: time for the annual HerZindagi.com Womenpreneur Awards, which honor the "most significant change-makers in the direct-to-consumer (D2C) sector, who are dedicated to...more

2022 Grants Summary | F. M. Kirby Foundation

The National Endowment for the Humanities has released its annual list of the best non-profit organizations to work with in the US. Here are the 10 that made the list this year, along with the amount...more

Temple of Kwan Tai receives Community Foundation grant - Fort Bragg Advocate-News
Foundation: Community Foundation of Mendocino County

Every year, kids in Mendocino, Calif., get to parade down Main Street in traditional Chinese regalia as part of a celebration for the Chinese New Year. But this year, thanks to a $2,100 grant from...more

Nemours opens full-time office for children in Panama City with St. Joe Foundation grant
Foundation: St. Joe Community Foundation

A full-time cardiologist is on staff and a state-of-the-art echocardiography machine is in place for children in Panama City, Fla., thanks to a $230,000 grant from a local nonprofit, the Pensacola...more

Community Foundation's New Leader Focuses on Equitable Economic Mobility
Foundation: Community Foundation of Western Massachusetts, Hartford Foundation for Public Giving, Ford Foundation

When Katie Zobel announced in 2022 that she'd be stepping down as president and CEO of the Community Foundation of Western Massachusetts, the agency in Springfield, Mass., was one of the first to...more

New Greenbelt Music Festival comes to Clive as Horizon Events Center plans full opening

A new music festival is coming to Des Moines, Iowa, this summer, the Des Moines Register reports. The Greenbelt Music Festival will be held May 19 and 20 at the Horizon Events Center. It will feature...more

USF College of The Arts inspires local K-12 students through new outreach program

The University of South Florida is making the arts more accessible to students in one of the country's most under-served areas. The school's College of the Arts is currently piloting a program that...more