Purpose: Social impact investments are essential to support and promote social entrepreneurship development. This article aims to identify the factors that could develop the local impact investment market in Sri Lanka as a tool for funding social enterprises. Design/methodology/approach: The methods of research are an analysis of scientific literature, experts’ interviews, and generalization. Findings: In order to accelerate the impact investment as a tool of funding, the impact investors, social enterprises, government and society must work collectively. Necessary social, cultural, and policy changes should be carried out, and specific recommendations have been made accordingly. Originality/value: This research study is essential in terms of sustaining and promoting impact investments in Sri Lanka as a tool of funding social enterprises and developing the ecosystem. Keywords: social enterprise, social impact investing, impact investments, finance, investors. Category of the paper: Research paper. Read here: Social impact investments as a tool for funding social enterprises Audrone URMANAVICIENE, Kulamini Dilanka MENDIS (2021). Social impact investments as a tool for funding social enterprises. Scientific Papers of Silesian University of Technology Organization and Management Series, 691−711. DOI: 10.29119/1641-3466.2021.151.48. […]