Researchers at the University of East London have published new research suggesting artificial intelligence could help social entrepreneurs overcome their biggest challenge: securing adequate funding for growth. Dr. Nisha Prakash and Rajitha Burra from the Royal Docks School of Business and Law authored the research chapter exploring AI's potential role in financing.
Social entrepreneurs create businesses designed to generate positive social impact alongside financial returns, but they often struggle to access traditional funding sources. These ventures may not fit conventional investment criteria used by banks or venture capital firms, creating a persistent funding gap in the sector.