(Picture from StaytoPlay)

It would be great to see more cities follow suit. Does anyone know of any other cities that are doing something similar to Edmonton? From the Edmonton Journal:

Banks lend money to businesses and donors give money to charities.

But who gives money to social enterprises -- businesses devoted to making money for charity?

Almost no one.

That's why the City of Edmonton is considering spending $3.6 million to help establish a $10.5-million social enterprise fund to expedite the financing of socially beneficial projects that would not otherwise qualify for conventional loans.

With the fund, the city aims to assist not-for-profit groups which are increasingly turning to social enterprises to raise money on top of traditional fundraising.

In other social enterprise news:

*Women's association in the Philippines mixes dried fish with social enterprise.

*Cassava Republic Press is a social enterprise that offers quality literature to a West African readership. More at Ethnic Loft.

*Clare Mulvany profiles 'Awakening the Sleeping Genius Within Each of Us' in Uganda.