Abstract

JIMENEZ-BARANDALLA, Icíar C.  and  VELASCO-MARQUEZ, Carlos. Sustainable and impact investment for the financial viability of the social enterprise. The Liight case. estud.gerenc. [online]. 2023, vol.39, n.166, pp.67-76.  Epub Mar 16, 2023. ISSN 0123-5923.  https://doi.org/10.18046/j.estger.2023.166.5439.

This research aimed to study how sustainable and impact investment contribute to the financial viability of social enterprises. The paper contributes to the debate on how these types of enterprises achieve financial viability and provides evidence, through the methodology of the Liight case study, on the importance of sustainable and impact investment for social entrepreneurship. It is concluded that the social enterprise Liight has found its financial viability not only thanks to the funds provided by sustainable and impact investors but also thanks to the support received in terms of capacity building, which has favored its growth and contribution to sustainable development.

Keywords : sustainable investment; impact investing; financial viability; social enterprise; sustainable development goals (SDGs).

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