Ventures, finance and the path to social impact. Building the ecosystem for sustainable development

Ventures, Finance, and the Path to Social Impact examines how ventures for sustainable development secure external finance. Evidence suggests these firms face tighter constraints than conventional peers, yet it remains unclear whether the bottleneck lies on the demand side-what founders seek, when, and on what terms-or on the supply side-how financial actors evaluate, price, and structure capital. Drawing on a survey of European ventures, the book links sustainability and impact orientation to funding preferences and obtainment, offering novel evidence on demand-side behavior in impact investing and practical insights for founders, investors, and policymakers.