The fact that we're seeing this fresh focus on the uses of capital to achieve social benefits tells us that there is a real opening now for vastly greater collaboration between impact investors and community banks. It's up to us to create a finance infrastructure that enables social enterprises to thrive.
But who will pay? Building these skills is neither easy nor cheap. And investors are certainly not lining up to lose money (despite the tremendous social impacts on offer), let alone to "get real", in West's words, and take significant risks with large sums rather than drip-feeding capital through smaller, short-term investments, and at a distance.