Increase the resources flowing toward fourth sector ecosystem development.

Mobilize Resources

By enhancing knowledge and advancing policy, we can build the fourth sector’s foundation. By raising awareness, providing education and training, and connecting stakeholders, we can catalyze and support the engagement of the multitude of stakeholders needed to build the fourth sector’s ecosystem (lawyers learning and practicing for-benefit law, journalists spreading news about for-benefit businesses, educators learning about and then teaching for-benefit practices, etc.). Taken together, these activities can lead to a fully established, comprehensive, and operational fourth sector ecosystem.

Connect Stakeholders

Raise Awareness

Advance Policy

Enhance Knowledge

Educate & Train

Mobilize Resources

To make all of this happen across the world at the scale and pace needed, however, requires the mobilization of significant financial and other resources toward these activities and the fourth sector ecosystem development efforts they catalyze. Put simply, to grow trillions of dollars of fourth sector enterprise activity globally over the next two decades, billions of dollars of investment in fourth sector ecosystem development will be required, and millions of dollars will need to be invested in accelerating, catalyzing, and supporting such ecosystem development activities.

Current Initiatives Mobilizing Finance on the 4SG Platform: 


Fourth Sector Development Initiative

An initiative of the World Economic Forum’s Global Future Council on International Governance, Public-Private Cooperation and Sustainable Development, the Fourth Sector Development Initiative is a collaboration of public, private, and philanthropic institutions committed to accelerating sustainable, inclusive development by catalyzing trillions of dollars of fourth sector growth globally by 2030. Supported by the Fourth Sector Group platform, FSDI fosters collective action globally to enhance knowledge and raise awareness about the fourth sector, to develop more enabling policy and regulatory environments for the fourth sector, to promote new business and investment models that are aligned with for-benefit enterprises, to increase educational and training opportunities for fourth sector practitioners and leaders, and to develop local and regional hubs to foster collaboration and accelerate fourth sector development in communities.

Fourth Sector Catalyst Fund

A pooled grant and public investment fund to fuel the development of supportive ecosystems for for-benefit organizations globally. The Fund is being designed in collaboration with the Stanford Global Projects Center and will leverage their world-class research, due diligence, and capacity building expertise to develop a system for identifying, funding, and strengthening the most impactful initiatives. It will focus on efforts of strategic significance to the expansion of the fourth sector as a whole, employing collaborative funding guidelines, inclusive outreach to the field, transparent governance, and accountable day-to-day management.

Scaling Fourth Sector Investment

A research project to improve understanding of how to better channel investment capital into for-benefit enterprises. The project aims to clarify what defines a fourth sector investment, map existing mechanisms for financing for-benefit enterprises, and propose a case and design a blueprint for an investment fund model optimized for identifying, screening, assessing, and investing in high-potential for-benefit enterprises, including describing specific mechanisms and functions of such a fund and guidance on how it can be implemented in practice. The project will be conducted by the Stanford Global Projects Center, which has world-renowned research expertise and practical experience in setting up efficient collaborative investment vehicles for long-term investors.

CARE Enterprises Growth Fund

A $30 million, 10-year Growth Fund focused on scaling for-benefit enterprises in frontier markets, being structured by CARE Enterprises. This fund will provide access to capital and support to for-benefit enterprises that have graduated from seed stage but have not yet qualified for more conventional forms of capital. CARE Enterprises will create flexible deal structures to meet the unique needs of entrepreneurs so they are better able to respond to the markets in which they operate and the demographics they serve, ultimately increasing their chances of success at scale.

OXFAM - Future of Business Initiative

Oxfam's Future of Business Initiative advances a portfolio of projects supporting for-benefit enterprises—businesses that prioritize social aims and put the interests of workers, farmers, communities and consumers alongside those of investors. Oxfam will help for-benefit businesses to access finance, work with global companies on how they can include such businesses in their supply chains, and investigate how for-benefit businesses can contribute towards tackling global inequality.