The social economy: the world of aid, philanthropy, non-profits and development programmes was worth over US$128-billion in 2012 (Official Development Assistance). The United Nations Development Programme alone had a US$5.7-billion budget for 2013, and spent over US$3.2-billion of that on 5551 projects in countries such as Afghanistan, Argentina, Brazil, Sudan, and the Democratic Republic of Congo.
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It’s a big industry, and it’s only set to grow over the next decade. At first glance ‘social impact’ doesn’t appear to be a game startups can play easily though, as big budgets and infrastructure seem to be the order of the day.
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