The GovLab, a new initiative of Deloitte Consulting which focuses on innovation in the public sector, has launched one of their first projects, which is to show the value of the impact economy to government.
The impact economy is described as an economy made up of social enterprises, their investors, and their supporters.
Given that tools such as social impact bonds are gaining traction at the federal and state levels of US government, the GovLab hopes to describe the impact economy in more detail and explain the steps the government can take to channel more capital towards social enterprises.
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