- Social businesses provide access to basic goods and services such as water, electricity, communication or healthcare in poor regions around the world.
- Social businesses improve the lives of millions of economically deprived people by creating employment and income-earning opportunities.
- Initially, many social businesses need start-up support – access to expertise, market and finance – prior to become financial self-reliant.
- We believe in venture philanthropy as a means to reach beyond traditional grant-funded projects: The development impact of supporting a solar rental company that operates in off-grid regions tends to be much higher than donating solar home systems to villagers directly. In other words: A social business has a longer life than the average grant funded one-off project and respects local ownership.
