Impact Newsletter 1

Intro

The challenges of incubators from various sources prove that mentorship is the most valuable element of incubators. By providing a platform for mentors and investors to exchange know-how and best practices within social impact will strengthen collaboration and provide a more connected and collective support to
social entrepreneurs.

February,2021

About i2 SustainIT

The i2 SustainIT aims at nurturing sustainability by embracing impact and change at a very early stage of identifying challenges and providing solutions. The focus of the project is on long-lasting positive effect through educating and upskilling mentors and investors to better support social entrepreneurs by various innovative tools for this market.

All the resources created during the project duration will contribute to economic growth, reducing the negative impact on the environment and will foster the development of people, communities and cultures to achieve reasonable quality of life, healthcare and education across the globe.

Target Groups

PRIMARY
Investors - Individual aiming to invest capital in a venture addressing social and/ or environmental issues with the goal to also get ROI.
Mentors - Experienced and trusted individual providing advice and help to Entrepreneurs for projects with social impact.

SECONDARY
Social Entrepreneurs - Entrepreneurs who impact the lives of citizens through innovative approaches to solving social problems.

Project Outputs

The outcome of the i2 SustainIT project would be a set of tools and resources embracing the impact investment and sustainability ecosystem which will support mentors in the design thinking approach and investors to responsibly invest in social entrepreneurs for maximising social impact.

Output 1
Impact Measurement Guidelines

Output 2
Design Thinking for Impact Incubation Toolkit

Output 3
Impact Investment & Sustainability Handbook

Output 4
Digital Impact Incubator Platform

Why Impact Measurement Matters?

Even as impact investing has expanded from a niche strategy into a $500 billion global industry in recent years, it is still relatively young. The industry’s continued growth will rely in part on ensuring a consistent and effective method of impact measurement, especially as investors start demanding information about exactly how their dollars are moving the needle on the issues they target.

But standardizing this piece of the impact investing process is far from simple. From the unique complexity of each initiative to the variety of players proposing solutions, industry alignment has been difficult to achieve—and the high stakes mean development cannot be rushed. Read more...

i2 SustainIT Project Meetings

All project partners have already realised 2 project meetings, which had to be held virtually due to the pandemic. Find out more about the meetings, their content and discussions among the partners below:

'Impact Incubator for Nurturing Sustainability' Virtual Project Kick Off from London, UK [i2 SustainIT]

2nd Project Meeting Held Virtually from Bulgaria [i2 SustainIT]

Details about i2 SustainIT

How does i2 SustainIT contribute to the sustainability ecosystem?