Social Stock Exchange funding rules ease NPO registration timelines and lower minimum subscription for zero coupon zero principal instruments. Registration of a Not for Profit Organization on a Social Stock Exchange may continue without fund raising for two years, with a possible one-year extension subject to approval. The minimum subscription requirement for issuance of Zero Coupon Zero Principal Instruments is reduced to 50% where the Social Stock Exchange undertakes due diligence and is satisfied that the funds can be deployed in a meaningful manner consistent with the disclosed objects of the issue. In case of under-subscription, the NPO must disclose how the balance capital will be raised and the impact on social objectives, and refund the funds if the minimum subscription is not achieved.