The Equity Capital Gap
For-profit businesses can efficiently and quickly raise large amounts of money to fund
growth and innovation by tapping equity capital—money that people invest in a
company in return for ownership and a share of profits. The nonprofit world has no
corollary, making it difficult, costly, and time-consuming to raise money. In this article
the author explores ways that nonprofits and funders can create their own version of
equity capital, and, just as important, develop an equity approach to doing business
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