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Seven forms of patient capital

Patient capital can be described as long-term capital where the investor does not expect a quick profit and results but forgoes the immediate return for a more substantial result such as social impact.  For financial investors patient capital sits between traditional venture capital and traditional philanthropy; between development and foreign direct investment. Earlier this month […]

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Where are we going?

IBEC Leadership Team: Larry Sharp, James Mayer, Gwen Rapp, Gary Willett and Robert Bush It is a good thing for every person and every organization to periodically step back, assess who they are, what they have accomplished in the past, and where they are going in the future.  The Leadership Team of IBEC Ventures, led

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A BAM business creates jobs

Last week we began a three-part series on the Triple Bottom Line of Business as Mission (BAM).1 The first bottom line was that every business has a goal of profitability and sustainability.  The second bottom line is the creation of value, particularly job creation. Mike Baer, in referencing the Kingdom of God, understands that the

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What does IBEC mean by Small-Medium Enterprise (SME), and why is it important?

IBEC Ventures uses the acronym ‘SME’ in two very different ways. One is “Subject Matter Expert” and the other is “Small-Medium Enterprise.” The subject of this blog is the latter. What is a Small-Medium Enterprise, and how is that relevant to what we do? Small-Medium Enterprise (SME) is defined in different ways in different countries.

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What is Business as Mission?

Many business professionals and church leaders today are hearing of the term “Business as Mission” (BAM). While there are many variances to a perfect definition, I like the expression of J.D. Greear of the Summit Church in Raleigh-Durham, NC, “Christians in the marketplace today are able to gain access more easily to strategic, unreached places.

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