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Venture capital with a conscience

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Monday, February 28th, 2011

As reported in Israel21c:

If you go for a bite to eat at Beersheva’s Café Ringelblum, or at Liliyot in Tel Aviv, you won’t notice any difference between these establishments and many others like them. Read the card on your table, however, and you’ll understand what makes them stand out: They’re two of five “social businesses” in the portfolio of the Dualis Israel Social Venture Fund.

Social businesses represent a new sector in the Israeli market geared to practical philanthropy. The ideal social business turns a profit while providing opportunities and skills to employees from disadvantaged populations – from high school dropouts to disabled adults.

Employing, training and rehabilitating people with various special needs enables them to become givers instead of receivers, explains Dualis founder Allan (Chanoch) Barkat.

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