The Capital Spectrum + Matching Capital to Reality
Wrong capital is worse than no capital. It forces bad decisions.
Choose financing strategies aligned to your return profile, stage, and risk.
Core Teachings
Key concepts with source texts
Grants → recoverable grants/PRIs → concessionary → market-rate impact → commercial.
From the Source Texts
"Impact investments are investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return."
Commentary
Intent + measurement alongside return. If you can’t measure, you’ll struggle with serious investors.
Write your ‘capital fit’ statement: stage, use of funds, return potential, and impact proof plan.
Study Materials
Primary sources with guided reading
Additional Resources
Use as a reference hub for impact investing language and norms.
Bridge notes help connect the resources and show how they relate to the learning outcome.
AI-generated notes synthesize the lesson outcome and resource summaries. Human-reviewed before publishing.
A venture can repay but likely can’t produce venture-scale exits. Best-fit capital?