Social Entrepreneurship through Acquisition (sETA): A Guide for Impact Investors to the Growing ETA Market
August 25, 2025Millions of small businesses will change hands in the coming decade—a once-in-a-generation opportunity to reshape who owns productive assets and how they serve communities.
In their latest report, Transform Finance introduces Social Entrepreneurship through Acquisition (sETA)—a Guide for Impact Investors to the Growing ETA Market - with a framework for impact investors to consider how we can broaden ownership, create quality jobs, and keep businesses locally rooted.
Unlocking this potential will take more than innovative deal structures. It requires coordinated action across capital, policy, and talent—blending philanthropic, catalytic, and commercial resources to lower barriers for new entrepreneurs. Alongside models like employee and cooperative ownership, sETA offers a powerful path to rebalance economic power and build a more inclusive, sustainable future.