Social Finance is defined as different forms of mechanism to mobilize resources for social purpose activities. In the Japanese history, social finance was observed as Mujin or as other forms of corporatism movement. In modern society, ESG investment market has been emerging and Impact Investment has been discussed new trend of social investment, with support of diversified methodologies such as social impact bonds or social impact assessment. The market size has been expanding and it attracts interest of different stakeholders to maximize social impact over conventional investments.
Social Finance as a terminology implys deployment of financial instrument such as loans or equity investments, however, this course includes grant as a form of social finance because social purpose activies involves in non-profit organizations. We also discuss impact of technological evolution such as development of cloud funding platforms.
In this course, students are to understand the context and trends of social finance as well as the forms of potentiality of resoure mobilization for social innvoation, so that you can utilize the knowledge and insight gained in the study to the actual social purpose activities or social businesses.